We’ve all seen and heard them: the TV ads and the radio commercial promises touting bankruptcy as a “fresh start” to help you get rid of overwhelming bills. While it’s true that Chapter 7 bankruptcy can wipe out many consumer debts, such as credit card payments and medical bills, it’s also the case that a […]
Bankruptcy Won’t Save You From These Debts Read More »
If you or your child has just graduated from college, your number one goal may be getting a j-o-b. Of course, that’s a lot easier said than done, with unemployment rate around 9% and even higher–a staggering 16%–for African-Americans. Still, there are many steps recent college graduates can take to put themselves on the road to financial security, including
Financial Advice for College Graduates Read More »
If you have managed to get your student loan discharged through bankruptcy by proving that your loan would cause you “undue hardship”, you will need to gather documents that pertained to your case to prove it. In some cases, the U.S. Department of Education may still be sending you notices about your student loan or
My Student Loan was Discharged in Bankruptcy – How Can I Prove It? Read More »
If you’ve recently looked at your credit report and find that you have an outstanding student loan balance that isn’t yours, you may have been the victim of identity theft. When someone applies for a loan with your social security number and name, you probably won’t find out about it until you review your credit
Someone Got a Student Loan in My Name – What Do I Do? Read More »
The Secret Service is investigating a surge in credit card theft. The crime spree appears to have started in Wythe County and is spreading up and down the East Coast according to a report from WDBJ Channel 7 in Virginia. Dozen’s of people have reported fraudulent charges on their bank statements over the past week
Beware of A New Surge In Credit Card Fraud Read More »
If you’ve been struggling to keep up with your debt payments or need some professional advice about your credit, you may have considered talking to a credit counselor. Credit counseling agencies have been around since the 1950s but have become more prevalent in the last few decades as more consumers find themselves sinking into debt
Will Credit Counseling Hurt My Credit Score? Read More »
Some women are in charge of the household budget – and prefer to keep it that way – while other ladies delegate the responsibility of managing household finances to their significant other. Regardless of whether you’re a single woman who’s steering your own finances, or are running an entire family budget, you might run into
Embarrassing Money Issues Women Have Read More »
Embarrassing money issues can rear their ugly heads at any time, putting any of us in situations that can be downright cringe-worthy. But unlike embarrassing money issues that women have, the red-faced financial moments that men experience can often feel more personal. After all, men frequently have their self-esteem, identity or feelings of self-worth wrapped
Embarrassing Money Issues Men Face Everyday Read More »
If you’ve ever tried budgeting for the long run only to find that your best-laid plans always seem to get ruined by short-term emergencies, then you’re not alone. Unexpected things pop up that can surprise even the most dedicated budgeters. Fortunately, there are some ways you can balance your longer-term goals – like saving for
Budgeting for Savings and Long-Term Goals Read More »
Getting into debt is easy. It’s getting out of debt that’s the tricky part. Unfortunately, many people who would like to eliminate their debt shoot themselves in the foot by making bone-headed mistakes that actually compound their debt problems. Here are the four dumbest things you can do if you’re already deep in debt: 1.
4 Dumbest Things to Do If You’re Deep in Debt Read More »
So you first messed up your finances in your 20s, then made matters worse in your 30s. But now you’re ready to act your age, get serious about the business of fixing your credit and start writing your financial comeback story, right? Whether you went on a few too many credit card-fueled shopping sprees, missed
Making a Financial Comeback After a Setback Read More »
Former Heisman Trophy winner Ty Detmer has lost most of his life savings after falling victim to an investment advisor who authorities say targeted ex athletes and scammed hundreds of investors nationwide out of $50 million. The investor advisor, Kurt Barton, is the former CEO of of Triton Financial. Barton is now on trial in
Ex Heisman Trophy Winner Ty Detmer Loses Life Savings in Alleged Ponzi Scheme Read More »
What is National Child Support Awareness Month? Since 1995, the United States has been honoring Child Support Awareness Month during the month of August. Former President Bill Clinton recognized this month on August 5, 1995 in his official proclamation stating that, “Providing for our children is one of humanity’s worthiest and most fundamental endeavors. Children
August is National Child Support Awareness Month Read More »
In my New York Times bestseller, Zero Debt, I outline 30 strategies that I used to get out of debt and how anyone else can do the same thing. Here are five of the simple strategies that will help get you on the path to being debt free – as well as some resources to
5 Ways to Reduce Your Debt Read More »
Buying a timeshare property may have seemed like a good idea when you signed the timeshare contract. But if you’re taking yet another “staycation” this summer – and really haven’t been able to travel as much as you’d like the rest of the year as well – you may have realized that you aren’t truly
What to Do With a Timeshare You No Longer Want or Cannot Afford Read More »
