Why Debt Consolidation Loans Help in the Long-Term

Why Debt Consolidation Loans Help in the Long-Term

Sep 5, 2020

High debt can be draining on your mind and spirit. If credit card debt is causing you to feel as if there is no way out, we have a recommendation for you: use a personal loan for debt consolidation.  In a study conducted during the first quarter of 2020, Bankrate...
3 Tips For Saving Money While Paying Off Debt

3 Tips For Saving Money While Paying Off Debt

Aug 14, 2020

Paying off debt can be a struggle when you have limited funds to make repayments and keep a roof over your head. A savings account can be the cushion you need to help you through stressful financial situations. As of March 2020, only 13% of Americans have a personal...
How to Pay Off Debt on a Budget

How to Pay Off Debt on a Budget

Aug 2, 2020

Many people see credit cards as a temporary solution when money is tight, but frequent use or careless spending can quickly create an overwhelming situation. Unhealthy budget planning and purchase habits can cause you to fall deeper into debt. This can feel impossible...
How Revolving Debt Impacts Your Credit Score

How Revolving Debt Impacts Your Credit Score

Jul 14, 2020

When opening a line of credit, you are taking on a financial responsibility to borrow money that you intend to pay back. A credit card can have a positive or negative effect on your credit score depending on how you use it.  If you are not careful, you may be on...
Installment Debt vs. Revolving Debt

Installment Debt vs. Revolving Debt

Jul 3, 2020

In terms of borrowing, it is wise to have different types of credit to diversify your credit mix. This helps determine your creditworthiness, and may even help improve your credit score if you maintain your debt repayments. With credit comes debt in two primary forms:...