Just about every business has some type of debt. There are a few businesses among us that have managed to exist in a debt free way. Unfortunately, that is not the majority. While many companies have debt, they do not truly understand how that debt impacts their business and financial situation. To get a better idea of how debt impacts your business, continue reading this article to learn about examples of the cost of debt.
Read MoreIf you want debt advice, read this article, and you will get the best things that I learned over the past five decades to help you navigate debt. You will get it straight from my life’s experiences about what you can do, especially if you are a young person just starting in your adult life. But, even if you are older, there are many things to consider about managing money.
Read MoreThere are many categories of debt that are not discharged in a personal bankruptcy with tax debt being on the top of the list with the highest priority of needing to be paid. This means whatever assets you have left are sold, if any, after a bankruptcy, are used for the tax debts.
Read MoreThe following is some information about legal and illegal debt collection practices. It will help to arm you to deal with debt collection agencies and assist you in terms of fighting such practices. You'll also receive information on restoring your credit score and minimizing your debt so that you can one day live free of it.
Read MoreNo matter what your debt situation, no matter what your current fears or challenges, there’s no better time to get serious about paying off debt than right now.
Read MoreIn the second financial quarter of 2019, consumer debt in the United States was close to $14 trillion. That marked the 20th consecutive quarter for an increase in American debt. That debt included approximately $1 trillion in credit card debt, which is on the rise along with mortgage, auto and student loan debt. Increased spending is a sign of a strong economy and healthy job market, but it may also mean that many consumers are living beyond their means by spending credit rather than cash.
Read MoreThe student loan debt crisis has been a popular topic for quite some time, and with good reason. With Americans owing almost $2 trillion in student loan debt, it is a tough subject to ignore. With the 2020 Presidential race going strong, it is no surprise to see the majority of candidates offering their idea of a solution for this problem. In order for any of the plans to work, the candidate and the voters need to understand this problem on a deeper level.
Read More
