Feeling squeezed by high-interest rates, mounting credit card balances, and rising living costs? You’re not alone. Debt consolidation isn’t just a buzzword — it can be a powerful tool to simplify your finances and regain control, especially during uncertain economic times. What Is Debt Consolidation? Debt consolidation involves combining multiple debts into a single …
If you’re carrying high-interest credit card debt and hoping that next month things will get better—you’re not alone. But here’s the hard truth: waiting to deal with your debt can cost you far more than taking action now. In today’s economy, with interest rates climbing and inflation driving up the cost of living, every …
Getting into credit card debt is easy. Paying it off is another story. If you find yourself carrying more debt than you should, you aren’t alone. Dealing with monthly bills and life’s unexpected expenses make getting out of credit card debt seem like an impossible task. If you’re trying to reduce your U.S. credit card …
According to reports, the average American has up to four credit cards. Juggling multiple cards can easily cause one to max out one’s limits. Which is why it’s not surprising that the average card balance has now hit $6,200. Do these numbers sound all too familiar? Are you struggling to pay off multiple cards at once? If so, it can …
Consumer debt as of the end of 2019 was $14 trillion. That was before coronavirus and the current growing number of people filing for unemployment. Currently, people are amassing even more credit card debt as unemployed people are using credit cards to pay rent, utilities, and a host of other things during the COVID-19 stay-at-home mandate. …
According to statistics, over 60% of American households hold credit cards, with the average debt being $6,194. While not ideal, credit card debt of $6,194 might not be unmanageable if you aren’t burdened with a lot of other debt. However, what if your credit card debt is more than this? What if you have multiple lines of …
Are you struggling each month to pay credit card bills that carry outrageous interest rates? It can feel as if you’ll never pay off your balance. Is there anything legal that an honest, hardworking person can do to get a lower credit card interest rate? Fortunately, there is. In fact, there are a number of …
The American people are falling deeper into debt. The United States total credit card debt now exceeds $1 trillion. While credit card debt ranks below mortgages, auto, and student loans, lenders view credit card debt as the worst of the group. You cannot build equity with a credit card like a home or vehicle. Student loans …
Credit cards offer great financial opportunities and rewards given they’re used as intended. Unfortunately, sometimes relying on credit cards become your only financial option. This, then, creates the cycle of credit card debt. The average American carries 4 credit cards. They also tend to carry close to $6k in credit card debt, too. Some can manage but for …
Feeling overwhelmed and consumed by debt? If so, debt and credit consolidation programs can help. These combine all of your individual loans into one new loan (often with a lower interest rate), making your monthly obligations that much more manageable. While resourceful tools, these programs can actually loosen your financial footing if you don’t handle them the right way. …
