The bills were piling up and you realized that your debt obligations were getting too high to bear. So, you made a smart move and decided to pursue a debt consolidation loan. However, there’s one tiny thing getting in your way of securing the debt help you need. Actually, it’s three things: the numbers in your …
debt consolidation
The coronavirus pandemic has only made the nation’s student loan crisis worse. Students and graduates alike are facing an employment shortage. Every week since March, over 1 million Americans have filed a jobless claim. It is unclear if these jobs will ever return under the cloud of a pandemic. The economy has contracted by nearly 33% and …
If you’re saddled with too much debt, a consolidation loan may seem like a way out. But lenders are picky when it comes to giving out these loans. Debt consolidation seems enticing because it allows you to lower your interest rate, boost your credit score, and make one easy payment on your debt. Although it sounds …
So you just got accepted to college? Congratulations! With the flood of excitement about going to school, you’re probably also concerned about how to pay for your degree. Did you know that in 2019, the average cost of tuition fees for private universities came to over $36,000? If you or your family doesn’t have the savings …
Did you know that the Burea of Labor Statistics discovered that the failure rate for small businesses across the majority of industries is 20% in their first year? Have you been contemplating applying for business loans, but aren’t sure if it’s the best decision to make for your business? If you’re looking to learn more about …
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 …
At first, tackling your debt seemed somewhat manageable. You eliminated discretionary spending habits, created a budget, and started prioritizing your savings account. You might have even taken on a side job to earn extra income. Now, however, you’re discovering that your outstanding debts are simply growing too high. No matter what steps you take now, you’ll be …
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 …
If you’ve ever had a medical procedure, whether it was an emergency or planned, you already know it’s expensive. The average American spends over $7,000 a year on medical services. A lot of people struggle to pay these bills back, especially if an emergency surgery occurred, and you’re in far more debt than you can afford. So …
According to research, nearly 70% of college students take out loans to fund their education. Then, they graduate with an average debt balance of around $30,000. In some regards, the myriad loan solutions available to incoming students are an invaluable resource. This financial assistance can help students pursue higher education who might have missed out on such an opportunity otherwise. …