If you own a home and are struggling with debt, you may be wondering whether using your home equity could offer some relief. Home equity loans and lines of credit can sometimes help lower your interest rates or simplify repayment—but they also come wit…
Category: debt relief
After working hard to join her family’s primary care practice, the pandemic threw a wrench in Andrea’s plans. As she explains, “I had just come back to work with my dad. He has his own practice, and I’m thinking, I’m going to be making $200…
Summer is a time for fun in the sun, right? But what if you’re a little strapped for cash, or worse, in debt? Life shouldn’t come to a halt just because you are struggling with your finances. It’s important to learn how to enjoy yourself and expe…
Paying for several small emergencies, including a medical incident, put David on a downward spiral. As he explains, “It was just those little things popping up where you don’t necessarily have that cash lying around and it’s really easy to …
Tatiana is married with three sons. After purchasing a home in 2018, it ended up needing more renovations than anticipated. She and her husband were forced to put $10,000 on their credit cards when they didn’t have the cash on hand to cover the cost. I…
Some people make the mistake of solely blaming debt for their financial struggles—especially during the COVID-19 pandemic or the Great Recession. But debt—as ugly as your preconceived notions about it may be – is not always bad. The mistake is not alwa…
Angelic was a licensed certified speech-language pathologist for 34 years until emotional trauma forced her into early retirement. It was the perfect storm when her mother passed away, her father was diagnosed with Alzheimer’s, her husband became very …
While Jaime was supporting his dream to become a private pilot, his student loans and credit card debt became a nightmare. As Jaime recalls, “One of the things that got me into that was we are very disorganized. We like to spend, getting credit cards. …
From coming between your relationships to causing us to withdraw from life, debt affects your mental health in so many ways. Beyond the obvious damage, it can have on your financial health, daily stresses over debt spread like tendrils across your ment…
If you are drowning in debt and receiving daily phone calls from at least one debt collector, it’s important that you know your rights. Thanks to the Fair Debt Collection Practices Act (FDCPA), there are laws designed to protect you from that unwanted …