Surprisingly, many couples don’t talk about their individual finances. This is quite disturbing, given that nearly 60 percent of divorcees say finances played a role in the breakup of their marriage, and 20 percent said financial conflict was a major factor in their divorce, according to a recent survey by the credit agency, Experian. What’s more, the financial and … [Read more...] about How to Protect Your Credit During Marriage and Divorce
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How to Recover from Bad Credit
Bad credit can make your life awful. You probably know that by now.When you try to rent a home or apartment, bad credit can make it difficult to find a place.Many insurance companies do credit checks and base your coverage on how risky you’d be to have as a client.Loans and credit cards with decent APR are out of your reach, leaving you only with the loan sharks such as those … [Read more...] about How to Recover from Bad Credit
Is Your Debt Spiraling Out of Control?
When your debt is spiraling out of control, it feels like that scary nightmare where you fall into a dark pit and unable to climb out. You seem stuck; and try hard as you may, you find yourself falling deeper and deeper.That’s a true definition of financial crises!Many Americans found their debt spiraling out of control for a number of reasons: job loss, medical crises, … [Read more...] about Is Your Debt Spiraling Out of Control?
Americans Drowning in Personal Debt: Are You One of Them?
An alarming 77 million Americans have delinquent personal debts reported in their credit files. Translation: more than one-third of Americans are in trouble when it comes to paying their debts on time. In a 2014 study by Urban Institute titled Delinquent Debt in America, a whopping 35 percent of adults with a credit file, have a report of personal debt in collections. … [Read more...] about Americans Drowning in Personal Debt: Are You One of Them?