Category Archives: Debt
Beware of Minimum Payments
You know that you are a credit card account and happily swipe the plastic and enter the credit card number on your food delivery and rideshare apps until, at the end of the month, a statement arrives. You know you are still young when you only look at the minimum payment due and think,… Read More »
What’s New With Overdraft Fees?
For a while, it looked like overdraft fees were going to be a thing of the past. Around the time that people started venturing out for in-person dining after the pandemic shutdown, a nationwide commercial bank ran an advertising campaign with posters displayed in a bank showing a child who, the posters claimed, would… Read More »
Can You Cope Without Air Conditioning Subsidies?
Can You Cope Without Air Conditioning Subsidies? Florida’s famous heat is a major draw when it comes to tourism, but spending an entire summer in the Florida heat is no one’s idea of a good time. Yes, the thunderstorms that strike fear in the hearts of Floridians and visitors alike might cool off the… Read More »
Florida Households Owe Texas-Sized Debts
Florida never loses its appeal, no matter how many consecutive summers the Sunshine State finds itself in the path of a hurricane, and no matter how many iguanas and alligators walk across your yard, or even right up to your doorstep. Florida has seen a steady growth in its population. People come to Florida… Read More »
Tips When Negotiating a Debt Settlement
While it may not seem like it, you have many options when you owe a significant amount of debt you cannot afford to repay. Of these, debt settlements are one of the most common. A debt settlement is an agreement between you and a creditor or debt collection company in which you repay a… Read More »
Debt-Proof Your Marriage
Saying that money problems are a leading cause of divorce is like saying that lung dysfunction is a leading cause of death. Lung dysfunction caused by infectious disease is not interchangeable with lung dysfunction caused by cancer, traumatic injury, or adverse reactions to pharmaceutical drugs. Likewise, one couple might separate because the wife is… Read More »
Structured Debt Management Plans
You have probably heard the news that the nation’s credit card debt burden is the highest it has been in five years. This news probably blends in with all the other recent news about record high prices and record high debt. There are plenty of ways to get out of credit card debt, but… Read More »
Maximizing Your Chances of Debt Settlement Success
Debt settlement is an agreement between a lender and a borrower who has fallen behind on payments. The borrower pays a lesser amount than the outstanding balance, and in return, the lender forgives the remaining amount. No one gets everything they originally wanted, but at least the debt goes away. Debt settlement can make… Read More »
Good News About Credit Card Debt?
Our brains are quickly conditioned to click on clickbait but slow to break the habit, even long after finding out that there will be no surprises, only anticlimaxes, if we click. Despite this, we keep clicking on headlines about credit card debt in its capacity as a nationwide problem, and to the surprise of… Read More »
A Medical Debt Relief Miracle?
If you are looking for good news, do not read anything that has “personal finance” as a keyword. Of all the terrible things happening these days, most of them are taking consumers’ financial circumstances from bad to worse. It seems like the only people who are doing well these days are the ones who… Read More »