Debt Relief Blog

15-Jul-2020 12:05 PM EDT, by Binghamton University, State University of New York The COVID-19 pandemic is putting a heavy financial burden on many Americans. To avoid spiraling into debt, you could take advantage of installment plans, says Subimal Chatterjee, distinguished teaching professor at the School of Management at Binghamton University, State University of New York.…

While not everyone is actually getting ill from COVID-19, we are all feeling the far-reaching effects of the virus. The pandemic is especially wreaking havoc on Americans’ financial health. Before the virus reached the US, many were already experiencing financial challenges. A study in 2019 revealed that almost half of respondents — 45% — said…

Are you worried about your credit card and student loan debts? Are you concerned that you’ll soon have trouble making your minimum monthly payment on all those credit card bills? If so, you’re not alone. Millions of Americans are dealing with heavy debts. The average American household carries over $15,000 in credit card debt; one in…

Unpaid debt is a problem that only gets worse the longer it continues. The good news is that there are ways of getting out from under a pile of past due payments. Consolidating Loans Consolidating several loans into a single loan may decrease your overall monthly interest, as well as simplifying your repayment process and…