Credit & Debt

What Debt Reduction Strategy Is the Best?

What Debt Reduction Strategy Is the Best?

So you’ve come to terms with the debt that you have, and you have some extra money in your cash flow to allocate toward additional debt payments. Now the question becomes: What debt reduction strategy is actually best…

How to Deal With Debt Collectors

How to Deal With Debt Collectors

You don’t have to be a hot financial mess to have collection accounts ruining your credit. Rosemary had great credit scores until a $46 medical bill went into collections. Her scores plummeted by more than 100 points and she…

Get Debt-Free in 2015

Get Debt-Free in 2015

If you’re like most people, one of your goals this year is to pay off your debts once and for all. But, before you can get down to the nitty-gritty of debt reduction, it’s important…

How To Pay Off Debt Control Your Debt Number

How To Pay Off Debt Control Your Debt Number

These are the days of quantified self. Using simple phone apps, we track our steps, count calories, analyze our sleep patterns and more; so that we begin to dwindle our lives down to mere numbers. Useful for goal setting? Yes…

What’s in a credit score?

What’s in a credit score?

Three things had to happen to give women access to credit: Recognition of women as separate people from their husbands, access to high-paying jobs, and changes to discriminatory legislation. Amazingly, these three things didn’t really ignite until…

Student Loan Myths

Student Loan Myths

With outstanding student loans in the US soaring to new heights in 2014, it’s not surprising that the topic of education debt has captured its fair share of headlines throughout the year.

One of the year’s…

Debt Management – Good Debt vs. Bad Debt

Debt Management – Good Debt vs. Bad Debt

Debt is a Four-Letter Word

One early life lesson drilled into us about money comes from the Bard — “Neither a borrower nor a lender be.” Perhaps even Shakespeare might agree that the present day economy…

Why You Need a Price Match Credit Card

Why You Need a Price Match Credit Card

Price matching is not a new credit card perk, but it’s one that consumers often overlook — potentially forgoing $1,000 or more in holiday savings.

Some call it price matching, some call it a price guarantee, but…

Student Loan Debt

Student Loan Debt

Student loan debt has exploded over the past decade, climbing to more than $1.2 trillion and becoming the largest consumer liability after mortgages.  With one in five households currently on the hook for student loans, there are more…

How to fix your credit

How to fix your credit

A reader named Val wrote me after a stint of unemployment left her drowning in medical bills, student loan debt and collection accounts. She was working again, but the pay wasn’t great and she wondered if her credit would…

Credit Card Debt – How To Pay Off Debt

Credit Card Debt – How To Pay Off Debt

If you had to name the most frustrating thing about debt, what would it be? The cost? The stress? The shame that can so easily (and unnecessarily) accompany debt? My answer is a little bit different:

How long it can…

Financial Advice on Student Loan Repayment

Financial Advice on Student Loan Repayment

If you’re like most student loan borrowers, life hasn’t slowed down since you graduated. Whether you’re two years or 10 years out of school, chances are some big things have happened — ideally exciting…

6 Ways to Pay Off Debt Faster

6 Ways to Pay Off Debt Faster

As the economy slowly improves, Americans are racking up more debt. “American consumers deleveraged after the financial crisis, but they’re starting to take on more debt again,” says Ben Woolsey, president of credit-card advice website…

How One Couple Wiped Out a $125,000 Debt

How One Couple Wiped Out a $125,000 Debt

What do you do when you are faced with a six-figure debt — mostly because of credit cards? No cable television and no eating out, obviously. And that’s just for starters. Two weeks before Christmas of 2004…