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…
Category: debt
A doctor’s debt relief story may not sound like something you hear every day. Many people assume that a high-income career is a shield against financial hardship. But that’s not always the case. Andrea, a primary care physician, found herself strugglin…
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…
Deciding whether to take out a debt consolidation loan is a big step. Before committing, it’s important to look past the sales pitch and do your due diligence on total costs, monthly affordability, qualification hurdles, and alternatives. In this guide…
For many people, debt is part of everyday life. Whether you’re buying a home, paying for school or covering unexpected expenses, borrowing can help you afford important costs. However, certain characteristics of debt can put pressure on you…
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. …
In one of the richest nations the world has ever known, far too many people are depressed about money. In fact, money and depression were linked in an American Psychological Association (APA) study, which found that some 72% of Americans feel stressed …