Have you ever wondered what would happen if you didn’t pay your debts? At first, the consequences are straightforward, your creditor may report your delinquent debt to the credit bureaus, leaving a mark on your credit report and affecting your credit score. If you continue to miss payments, your creditor may deem your loan “bad”…
read moreHaving debt can be a good thing. Your credit history – the biggest factor that allows you to purchase big-ticket items like cars and houses – is based around how well you handle your debt. That said, many Americans are living with more “bad debt’ than what’s considered “good debt.” According to the Northwestern Mutual’s…
read moreRenovating your home wisely can increase its value and make it more appealing to buyers. Even if those renovations don’t get you a 100% return on your investment, they can make the home sell more quickly, save you money on extra mortgage, insurance and tax payments you’ll have to make while the home sits on…
read moreA high credit score will make it easier to qualify for mortgages and car loans, start a business, and, in some cases, secure a job. More importantly, a good credit score reflects a secure financial standing, meaning you have fewer money problems to worry about. Striving for a good credit score is one of the…
read moreDebt settlement is often portrayed by settlement companies as a magic bullet for anyone drowning in debt. But the truth is, debt settlement is only an ideal debt solution if : You have $10,000 or more unsecured debt You’re frequently late on debt payments You’re having trouble making the minimum payment amounts every month You…
read more