If you are lucky enough to find yourself with extra money these days, the first question is whether to invest it or pay off your debt. Ultimately, the decision depends on how much extra money you actually have, as well as your current personal situation.
If investing sounds like a good idea, you’ll want to [...]

Sometimes it seems like things would be so much easier if you could just suspend paying for some of your bills for a few months…and without consequences.  Unfortunately, in most cases, you have to be facing some serious financial trouble in order to qualify.  If you are, one of the first payments you might look [...]

Do you have good debt or bad debt?  Yes, there is such a thing as good debt, just like there’s good and bad cholesterol.  And you want to make sure you have the good kind.
Good debt is anything that you’ve invested in that will build value over time.  Do you own a home?  That’s good [...]

When funds are low and you need to cut back, you’re forced to take a new look at your priorities.  If you’ve reached the point where you’re truly struggling, you might be unable to pay your credit cards.  So what do you do?
Don’t Stop Making Credit Card Payments
If you simply stop making payments, you’re putting [...]

If you have been having problems making your monthly payments recently, you can blame it on the economy or you can take a long, hard look at the way you are managing your personal finances. If it is getting harder to meet your personal financial obligations, you should be looking at how you are spending [...]

While millions of people continue to lose their homes, there are resources and strategies available such as a mortgage loan modification, that can help with foreclosure and prevent the worst case scenario. While the outrageous foreclosure statistics do not take into account the number of people who are purposefully losing their homes because they are [...]

On May 22, 2009, a new credit card law was passed.  The proposed goal is to help protect consumers from unfair credit card practices, some of which you may have been a victim of.  However, it appears that even the people who have always paid their bills on time and in full might be hurt [...]

If you’re struggling to pay your bills, you’ve probably been looking for ways to minimize your debt.  If the payments on your bills were just a little bit lower, you know you would be better off financially, and with your largest bill being your mortgage, you’re wondering if there’s any way you can reduce your [...]

My name is Seth Ferris from Denver, CO, and I want to share a quick story about how I used two free personal debt programs, which allowed me to quickly get out of debt and control my finances. This strategy allowed me to slash my bills and half without paying for professional help and without [...]

Your credit report is a financial report card. It tells lenders how likely they are to receive payments from you if they were to lend you money. Someone who has no credit history or a poor credit history will have more trouble getting approved for a loan then someone who has an exceptional credit history. [...]