Category Archives: Debt
The Trouble With PACE Loans
Elementary school students in South Florida do not have to travel very far to appreciate nature in all its splendor. A school field trip to the Everglades costs nothing; you can travel there and back within school hours and still have time to see mangrove trees, anhingas, and more alligators than you can count. … Read More »
A Farewell To BNPL?
Slowly but surely, Americans are breaking bad habits that they developed during the pandemic. Doom scrolling is plenty addictive, but it turns out that the light of day has the same effect on unfounded catastrophic fears as it does on vampires, and the worst-case scenarios that bombard you on your social media feed cannot… Read More »
Delinquency On Credit Cards And Auto Loans Disproportionately Affects Millennials
A recurring theme in the generational rift between Baby Boomers and Millennials is that the generation that is currently approaching retirement age came of age in a time when it was much easier to find full-time jobs with stability and generous benefits than it is now. Furthermore, most of the trappings of middle-class life,… Read More »
Credit Union Car Loans Are An Affordable Option If You Can Qualify For Them
Even as everything becomes more expensive, Floridians depend on their cars as much as ever. Even if you were fortunate enough to stay employed and to work from home throughout the pandemic, it is painful to think about how much you have paid for gasoline during the past three years. If you have bought… Read More »
To Pay Down Credit Card Debt, Focus On Persistence, Not Gimmicks
You have made it to the end of January with your New Year’s resolution to pay down as much debt as possible in 2023 still intact. Improving your credit score to qualify for bigger loans and lower interest rates is a long, slow process, however. You read personal finance advice to stay motivated, plus… Read More »
Credit Reporting Agency Predicts An Increase In Credit Card Delinquency In 2023
The economic hardships that have characterized the past three years do not seem to be letting up any time soon, but predicting what will happen next in the economy is an inexact science. Too many unexpected events could cause obstacles or opportunities that neither consumers nor professional economists could have guessed. The credit reporting… Read More »
4 Ways To Reduce Your Debt In 2023
You might be young enough that you can still stay up until midnight on New Year’s Eve and almost every night except the ones when you have to get up early for work the next morning, but you have been an adult long enough that setting overly ambitious New Year’s resolutions is a recipe… Read More »
Learning From Your Mistakes With Buy Now Pay Later In 2023
Another year has started, and many consumers are taking an honest look at their debt situations. 2023 is shaping up to be the year in which we give up the bad habits we picked up during the pandemic. Those who vow to improve their mental health in 2023 are giving up doom scrolling, or… Read More »
Short-Term Goal: Pay Your Medical Debt Down To $500 By March
No matter which strategy you use, putting as much money as you can toward debt repayment will help you make progress toward your financial goals. Some people swear by the snowball method, where you start with the smallest debt, while others prefer the avalanche method, where you start with the biggest debt; some even… Read More »
Fertility Treatments: Another Reason To Tackle Your Debt Problems
Tabloids news sites are full of stories about celebrities welcoming babies by surrogacy, and wannabe celebrities post images and videos on social media, depicting their fertility journeys, from the litany of clomiphene side effects to the now-cliched image of a woman looking askance at a needle as she prepares to give herself the first… Read More »