Author: National Debt Relief
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How Much Do Debt Settlement Clients Save?
A 2026 study by EY (Ernst & Young), one of the Big Four accounting firms, looked at what happened to an estimated 4.3 million debt settlement clients who enrolled from 2016 to 2022. The Association for Consumer Debt Relief (ACDR), a debt relief ind…
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What a New EY Study Shows About Debt Settlement
In October 2026, the Association for Consumer Debt Relief (ACDR), a debt relief industry trade group, released Debt Settlement Program Outcomes, 2016–2025, a study it commissioned from EY (Ernst & Young), one of the Big Four accounting firms. ACDR …
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Income Verification Explained: What Counts as Proof of Income
Income verification is the process of confirming that you actually make the income you list on paperwork for things like loans and leases. If you know what counts as proof of income, the process gets easier. Sending in the right records may help reduce…
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How to Avoid Paying Interest on Credit Cards
Between sign-up bonuses, cash back, travel rewards, and other perks, credit cards have plenty of advantages. However, if you carry a balance every month, interest can make your purchases cost more than expected. In most cases, avoiding interest comes d…
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How to Calculate Debt Service Coverage Ratio
A debt service coverage ratio tells you if income can cover debt payments. Owners of small businesses use it to determine whether their companies can afford to pay debts. If you don’t already know how to calculate debt service coverage ratio, the…
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Does Medical Debt Go Away? Here’s What Actually Happens
Medical debt is different from credit card or loan debt because you don’t take it on by choice, but does medical debt go away, as some people believe? While it may no longer show up on a credit report after seven years, that doesn’t mean the balance di…
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How to Budget for Teens: A Simple Guide to Managing Your Money
People of all ages struggle with money management. If you learn fundamental financial skills early, it may help you avoid costly mistakes later on. But you might wonder, “How do I make a simple budget for teens with school expenses, savings, and spendi…
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Can You Get Unemployment if You Get Laid Off? What You Need to Know
Losing a job is overwhelming, especially when you’re unsure what comes next. Layoffs are typically considered a “no-fault” job loss, which means you may qualify for unemployment benefits. Still, the details can get confusing. You might wonder, “D…
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Who Pays Credit Card Debt When You Die?
If you’ve ever wondered what happens to credit card debt when you die, you’re not alone. It’s a common question, especially during an already difficult time after losing a loved one. Credit card debt usually doesn’t pass directly to family member…
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How Long Does a Hard Credit Pull Last on Your Credit?
A hard inquiry or “hard pull” is when a lender looks at your credit report to decide whether to extend credit. But how long does a hard credit pull last on your credit report? According to Experian, a hard pull can remain visible on your report for up …