How does getting out of debt affect your credit?
When you want to get out of debt, one of the questions you’re undoubtedly asking is, “what’s the best way to do this without ruining my credit?” Debt relief comes in many forms, and choosing the right one comes down to understanding how each one affects you in the long term. For example, if you
Bankruptcies, foreclosures at all-time lows in Tennessee
Bankruptcies have fallen to a 10-year low in Tennessee, but the state still leads the nation in bankruptcy overall. A Jan. 15 report states that Chattanooga saw the lowest number of bankruptcies in over a decade while local foreclosures also hit the lowest numbers since 2000. Despite this, Tennessee still leads the country for the
How can you pay back loans for medical school?
If you need to repay student loans, they can seem insurmountable. The cost of medical school is hundreds of thousands of dollars, and most students have around $183,000 in debt when they graduate, as of 2015. What can you do to decrease this debt, as well as any debts you have from undergrad? First, consider
These tips can help you get out of debt in 2017
It’s 2017, and that means it’s time to look at your credit card debt once again. The start of a new year is a good time to look into your budget and how you can pay down debts that may have held you back in the past. Credit card debts aren’t cheap, and paying them
What’s good and bad about a Chapter 7 bankruptcy?
If you’re considering bankruptcy, you know that there are upsides and downsides to filing. A bankruptcy can give you a new start, but it can also impact your credit. Is it a good idea? Here are some pros and cons to consider. What are some benefits of Chapter 7 bankruptcy? A bankruptcy will stay on
How can you get ahead of debt after the holidays?
Feeling the grip of debt after the holidays? You’re not alone. In fact, many people spent more than they wanted to or have buyer’s remorse. Without returning the items, all you can do is look to the future and make decisions on how to address this debt. Here are a few ways to get ahead.
How can you get started on paying down debt?
There are a number of things you can do to help reduce the amount of money you owe on your debts. Whether it’s credit cards or other forms of debt, most of these tips can be applied in any situation. The first thing anyone trying to get a handle on debt needs to do is
Medical bills: Surprise bills are not uncommon for patients
When you suddenly have a health concern, one of the last things you’re going to worry about is how much it’s going to cost. There’s no price that you can put on your health or well-being. That being said, medical bills can still take a toll on your finances. In many cases, people in the
Credit card mistakes that you can avoid this holiday season
The holidays are here, and that comes with the stress of buying gifts, having guests over and generally celebrating the holidays. Holidays can be quite expensive, so it’s common for people to pull out their credit cards to cover the difference. There are some mistakes you could make if you’re not careful, and they are
How can you handle the stress of a bankruptcy?
Debt can be overwhelming, and it’s stressful. You might feel tempted to hide late bills or to ignore phone calls from creditors, but the damage is still being done. One option you have is to seek out a bankruptcy; it can put an end to harassing phone calls and get you back on track for