All articles tagged: “Debt”

(91 total)

Guide

3,685 views

13 min read

What is Debt Settlement? Benefits, Drawbacks, and Credit Score Impacts

Debt Settlement: A Comprehensive Guide

Debt settlement is a process through which you negotiate with creditors to pay less than you owe by offering a lump sum payment that’s lower than... read more »

Eric Bank

By: Eric Bank • 7/3/24

Guide

5,993 views

13 min read

What is a Default? How Lenders Respond to Nonpayment & the Impact on Your Credit

How Lenders and Credit Scores Treat Defaults

A default occurs when you don’t make payments on your credit card or loan for an extended period, usually several months. It will damage your... read more »

Eric Bank

By: Eric Bank • 7/2/24

Guide

7,176 views

17 min read

What is Debt Consolidation? Types, Credit Impact & How it Works

How Debt Consolidation Works & Affects Credit

Debt consolidation is when you combine multiple debts — including loans and/or credit cards — into a single payment. By consolidating them, you... read more »

Eric Bank

By: Eric Bank • 7/1/24

Guide

7,700 views

19 min read

What is Garnishment? When Creditors Can Take Money From Your Paycheck or Bank Account

What is Garnishment? When Creditors Can Take Your Money

Garnishment happens when a court allows a creditor (i.e., the person or company you owe money to) to take part of your paycheck or money from... read more »

Eric Bank

By: Eric Bank • 6/27/24

Blog

21,896 views

5 min read

Debt.com Survey: Americans Are Maxing Out Credit Cards to Cope With Inflation and Make Ends Meet

Debt.com Survey Shows Inflation's Effect on Card Debt

Federal Reserve data shows credit card debt rising to a staggering new high of $1.13 trillion as of Q4 2023. The 2024 Credit Card... read more »

Mike Senecal

By: Mike Senecal • 5/22/24

Blog

25,896 views

5 min read

TrueAccord Smashes Debt Collection Stereotypes to Deliver a Friendly Experience and Positive Results

TrueAccord Smashes Debt Collection Stereotypes

The truth the old-school debt collection industry doesn’t understand is that most people want to pay their debts. TrueAccord... read more »

Mike Senecal

By: Mike Senecal • 3/7/24

Blog

35,016 views

5 min read

True Finance App and Its Think Save Retire Blog Provide Users With Tools for Financial Improvement

True Finance App and TSR Blog Improve Consumer Finances

For folks struggling financially and getting further and further into debt, it’s good to know there are companies out there that... read more »

Mike Senecal

By: Mike Senecal • 1/23/24

Guide

70,845 views

5 min read

Americans’ Credit Scores Resilient Against Rising Card Debt & Delinquencies

Credit Scores Resilient Despite Rising Debt

When people are unemployed or underemployed, they often use their credit cards to bridge their income gap. Credit cards offer immediate access to... read more »

John Ulzheimer

By: John Ulzheimer • 1/22/24

Blog

43,464 views

5 min read

Century Support Services Recognized for Standout Debt Settlement Solutions and Financial Education

Century Support Services Recognized for Debt Settlement Solutions

Credit card debt has grown to an all-time high. In the latest numbers from the New York Federal Reserve, total consumer credit... read more »

Andrew Allen

By: Andrew Allen • 1/10/24

Blog

53,744 views

5 min read

Research Suggests Medical Debt Drives Poor Health Outcomes and Worsens Existing Disparities

Research Suggests Medical Debt Worsens Health Outcomes

It doesn’t take a leap of imagination to understand how poor health can lead to medical debt. But a study from the nonpartisan... read more »

Mike Senecal

By: Mike Senecal • 12/20/23

Guide

70,330 views

3 min read

5 Tips To Quickly Pay Down Holiday Debt

5 Tips To Quickly Pay Down Holiday Debt

Budgeting for the holidays seems simple, but it can be a rather complicated process when you consider the endless seasonal expenses that creep up... read more »

Andrea Woroch

By: Andrea Woroch • 12/15/23

Study

68,390 views

3 min read

Study Reveals Debt’s Role in America’s Sleep Crisis

Study Reveals Debt's Role in America's Sleep Crisis

Debt isn’t just a financial burden — it’s a mental and emotional one as well. A growing body of research has demonstrated the pernicious impact... read more »

Ashley Fricker

By: Ashley Fricker • 10/17/23

Blog

100,000+ views

5 min read

Summit Account Resolution Helps Consumers Navigate Debt Collections With Dignity and Respect

Summit Account Resolution: Dignified Debt Solutions for Consumers

Unresolved outstanding debt can cause much financial turmoil, but speaking with collection services can help people get on the... read more »

Sean Roderick

By: Sean Roderick • 5/15/23

Guide

100,000+ views

3 min read

5 Ways to Spring Clean Your Finances

5 Ways to Spring Clean Your Finances

Thanks to rising interest rates and persistent inflation, Americans are struggling to make ends meet as they pile on debt. In fact, a recent... read more »

Andrea Woroch

By: Andrea Woroch • 3/28/23

Blog

100,000+ views

7 min read

The Louisiana Budget Project Analyzes Policy to Promote Broader Access to Financial Resources

The Louisiana Budget Project: Policy Research Can Help Low-Income Families

The Louisiana Budget Project is a nonprofit organization that conducts research and identifies possible solutions to financial... read more »

Brandon Rossman

By: Brandon Rossman • 11/14/22

Blog

100,000+ views

5 min read

DebtHelper.com Offers Advice on Dealing with Debt and Reaching Homeownership Goals

DebtHelper.com: Sound Advice on Debt and Homeownership

DebtHelper.com is a nonprofit organization that helps clients improve their credit and qualify for home loans. The company offers... read more »

Jon McDonald

By: Jon McDonald • 10/31/22

Study

100,000+ views

9 min read

Study Reveals Americans Would Rather Give Blood Than Take On Predatory Debt

Study Reveals Americans Turn to Plasma Sales Before Payday Loans

Americans aren’t shy about borrowing money. A Federal Reserve survey found that 77% of US households have some form of debt. On the other hand,... read more »

Eric Bank

By: Eric Bank • 4/14/22

Blog

100,000+ views

5 min read

Swash Empowers Users to Monetize Their Data, Earn Money, and Pay Down Debt

Swash Users Can Monetize Data to Pay Down Debt

Earning revenue from data has historically been exclusive to tech giants. Swash wants to change that dynamic by empowering users... read more »

Adam West

By: Adam West • 2/24/22

Blog

100,000+ views

5 min read

RIP Medical Debt Acquires and Retires Crippling Medical Debt for Consumers

RIP Medical Debt Helps Retire Consumer Medical Debt

Medical care is a basic necessity, but medical debt can be a crippling burden that drastically reduces people’s quality of life.... read more »

Adam West

By: Adam West • 9/9/21

Blog

100,000+ views

7 min read

The Dignity and Debt Project Focuses Research on Creating Financial Services that Cultivate Dignity, Respect, and Fairness

Dignity and Debt: Cultivating Respect and Fairness

Dignity and Debt is an initiative whose goal is to return dignity and humanity to financial services, particularly for those in... read more »

Matt Walker

By: Matt Walker • 9/8/21

Blog

100,000+ views

5 min read

ODE’s Coconut Helps Consumers Monetize Personal Data to Increase Earnings and Pay Down Debt

ODE’s Coconut Helps Consumers Monetize Personal Data

In the current data collection model, aggregators get paid, and consumers just see more advertisements. ODE’s Coconut application... read more »

Jon McDonald

By: Jon McDonald • 8/13/21

Blog

100,000+ views

5 min read

UWSWPA Provides Resources and Support to Families Dealing With Debt Issues

UWSWPA: Resources for Families Dealing with Debt

When residents of Southwestern Pennsylvania face financial hardship, they often turn to their local branch of United Way. Through... read more »

Adam West

By: Adam West • 6/10/21

Guide

100,000+ views

5 min read

7 Signs It’s Time to Stop Bailing Your Kid Out of Debt

7 Signs It's Time to Stop Bailing Your Kid Out of Debt

Teaching children of any age about wise credit usage is smart. By their 18th birthday, they should understand how to borrow money and repay a... read more »

Erica Sandberg

By: Erica Sandberg • 5/18/21

Blog

100,000+ views

3 min read

Pathrise: How the Mentorship Platform Helps Tech Workers Land Dream Jobs and Reduce Debt Issues

Pathrise: Advancing Tech Careers & Reducing Debt

Pathrise is a platform that helps professionals in the tech industry take their skills and expertise to the next level. The... read more »

Matt Walker

By: Matt Walker • 4/27/21

Guide

100,000+ views

3 min read

6 Ways to Save Money While Paying Down Debt

6 Ways to Save Money While Paying Down Debt

When you’re knee-deep in debt, saving money may fall to the bottom of your financial priority list. You may be laser-focused on putting every... read more »

Andrea Woroch

By: Andrea Woroch • 3/8/21