Q: Hello Ms. Khalfani-Cox. Is it better to work with a debt management company and pay off a lot of creditors every month over a long period of time (I would be paying off the full amount of the debt… not settling (debt settlement)).

 

Or is it best to contact each creditor who has reported me to the credit bureaus and ask them to remove the negative information from my credit reports if I offer to pay off the entire debt in 2-3 installments?

 

I’m thinking that my credit report won’t look any better after making monthly payments over the course of 1-2 years paying off the debt. [continue reading…]

Retirement

What’s the biggest threat to your future retirement security?

 

If you guessed the disappearance of Social Security, getting downsized in the years before you’d planned to retire, or even losing a bundle in the stock market, you’d be wrong on all counts.

 

The biggest hazard to your financial stability in retirement is something you’ve probably never planned for – even if you’ve been saving for years in anticipation of the day you bid your job farewell. [continue reading…]

auto insurance

If you’re driving an automobile, or are about to purchase a new or used vehicle, it’s smart to make sure you have the proper amount of auto insurance at the best price available.

 

Unfortunately, many people are paying far too much for auto insurance, simply because they’ve not taken the time to educate themselves or to shop around for the cheapest auto insurance rates being offered. But thanks to technology at AutoInsurance.com, you don’t have to spend hours on end making phones calls or searching online for low-cost auto insurance.

 

Here are three easy ways to help you quickly and conveniently find auto insurance at a price you can afford. [continue reading…]

summer expenses

 

Summer time is when many of us get a bit lax with our finances – and it’s easy to see why.

 

The weather is nice outside, the kids may be off from school, and vacation or travel plans beckon. None of this puts you in the mindset of watching your bills or sticking to a budget.

 

But if you’re not careful, summer is also the time of year when a number of sneaky expenses can hit you from out of the blue. [continue reading…]