Credit & Debt

Is Bankruptcy the Answer?

Making the Decision to File for Bankruptcy

The decision to file for bankruptcy isn’t one to take lightly. Individuals who are facing large credit card balances, medical bills and past-due mortgage...
How You’re Ruining Your Credit

How You’re Ruining Your Credit

You think you’re doing everything right. You have a credit card or two, you’re making regular payments, and maybe you even have a small...
What Type of Debt Should You Pay Off First?

It’s Time to Pare Down Your Debt, But Where Do You Start?

(FinancialHealth.net) - As of the second quarter of 2020, Americans owed a staggering $14.7 trillion in consumer debt. While not every type of debt is...
Pay Off Debt With Great Short Term Results

Short-Term Methods For Tackling Debt

(FinancialHealth.net) - Being stuck in a cycle of debt is overwhelming. The bad news is it won't go away on its own. The good...
How to Haggle with Lenders on Old Debts

How To Settle On Old Debt

If you regularly cringe at the mail and wonder how you're going to pay old bills, you're not alone. Millions of Americans struggle with...
Best Way to Raise Your Credit Score After Retirement

Value Your Credit Score Even After Retirement

(FinancialHealth.net) - Life continues changing after retirement. You may need to replace an older vehicle or purchase a new home. Big purchases like these...
What is the Leading Cause of Bankruptcy in the US?

#1 Cause of Bankruptcy in the US

(FinancialHealth.net) - Bankruptcy filings are usually thought to be caused by irresponsible spending habits and poor life choices. In many cases they are, but...
Which of These is Not a Credit Bureau?

How Credit Karma is Different From a Credit Bureau

(FinancialHealth.net) - A lot of people use Credit Karma to track their credit activity, but it is not a credit bureau. Credit Karma is...
How Long Does Negative Information Stay on Your Credit Report?

How Negative Information Affects Your Credit Report

(FinancialHealth.net) - Your credit score is one of several factors that go into determining final approval on a new line of credit. If you...
What is the Best Way to Remove Negative Information From Your Credit Report?

How to Remove Negative Information From Your Credit Report

(FinancialHealth.net) - Most people think that filing a dispute is the best way to remove negative information from your credit report, but that’s not...