What should you know about opening a store credit card?
If you’re learning about credit or are rebuilding your credit score after bankruptcy, you might be looking into options like store credit cards. These credit cards might seem like a good option for teens and young adults or those who want to try rebuilding their credit because of a few factors. The limits are low,
You can pay off your debt with 1 of several methods
If you’re ready to tackle your credit card debt head on, then there are a few different strategies you can use. While you might have considered bankruptcy, there are alternatives that you might want to try first. The first thing you can do is to call your creditors. Ask them to lower your interest rate,
Logan’s Roadhouse files for bankruptcy amidst drop in profits
Chapter 11 bankruptcy is a kind of bankruptcy that businesses can use to help themselves get out of debt while still maintaining a presence in the market. Chapter 11 bankruptcy gives businesses the chance to restructure debt; they may do that by reaching out to creditors to make new arrangements, changing who they buy from
How you can eliminate your debt without entering bankruptcy
If you’re in over your head with debt, there are a few different techniques you can use to get out of debt. By taking some of these steps, you may be in a position to pay back your debts more quickly than expected and without having to seek a bankruptcy. If you find that even
Should college students have credit cards?
Should the first time you get a credit card be when you’re heading to college? According to some, the answer to that is no. Why should you stay away from credit cards, though? The answer is pretty simple. It’s easy to be under peer pressure to spend more, and you are just learning to budget
Changing medical debt’s impact on credit scores helps Americans
If you’ve struggled with your credit score or been confused about it in the past, you should know that the model is changing for the better. Credit scores are starting to evolve, and the latest model is looking at medical debt and starting to reduce its impact on your credit. If you’ve previously considered bankruptcy
Why would a credit card company allow you to negotiate your debt?
If you find yourself in financial trouble, don’t jump automatically to bankruptcy. You may be able to negotiate your credit cards directly and protect your credit score from the damage a bankruptcy would cause. Can you really negotiate your credit card debts to pay less? Sometimes, yes, especially if you explain that you are struggling
Getting the best rate: Paying off debt by lowering interest rates
If you’re ready to pay down your debts, you may be starting to look into different methods. One is to transfer your balances from your credit cards onto one with a lower interest rate. Another option would be to take out a personal loan, pay off the debts, and then pay down the loan with
How does the bankruptcy means test work?
If money is tight and you’re falling behind on debts, then you may be considering bankruptcy. Before you can be approved, you need to take a bankruptcy means test to make sure you’ll be able to apply. What is the bankruptcy means test? The bankruptcy means test determines if you can enter into Chapter 7
Changing your payment style can help you get out of debt
Paying down your credit card debt might not seem easy, but changing the way you pay can help you. For instance, if you have trouble remembering to pay on time, why not change your payment to align closely with your payday? That way, you can pay all your bills at once, and you’ll remember because