If you’re juggling multiple debts, a debt consolidation loan might offer a way to simplify payments. But what happens if your financial situation worsens and you need to file for bankruptcy? Understanding how a debt consolidation loan fits into t…
Category: debt
It can be a relief to realize that debt relief is available. It can help give you a fresh start regarding your finances, after months of coping with unpaid debts or barely making your minimum payments. In a nutshell, debt relief can help reduce t…
People with disabilities often have unique challenges. One of the biggest challenges is money. The “disability employment gap” refers to the fact that a lot of disabled people are unemployed. The unemployment rate for people with disa…
Debt is a harsh reality for many Americans. Whether juggling high-interest credit card bills or dodging calls from collection agencies, the weight of debt can feel like a constant burden. Even with disciplined budgeting, surprise expenses or past finan…
Because of the unique circumstances, millennials require different financial advice than those in other generations. They need to develop a mindset to help them navigate the economic challenges they face. Many in this generation have been successful at…
Debt, and the health issues it causes, can affect anyone, but those experiencing unemployment are especially vulnerable. Meanwhile, families, single parents, and retirees may find themselves in debt because they lack the financial flexibility to deal w…
Medical debt is a real problem in the United States. In fact, 41% of American adults currently deal with this issue. Because Medicare typically covers seniors, most of those who incur medical debts are younger. If not managed correctly, these bills can…
Imagine you are a recent college graduate who just found a job. Being new to the workforce, you haven’t hit your desired salary yet. Still, you are proud to be on your own and finally not dependent on your parents for financial support. Then it happens…
Eric’s debt slowly added up over the years. He hit his breaking point while going through divorce and then financially helping his new girlfriend fight her custody battle. Being overwhelmed with the interest rates on his credit cards was the catalyst f…
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…