It is very easy for Americans to get sucked into a debt cycle. After all, our economy is 70% reliant on consumer spending. That means everything around you will be focused on making you spend. The temptation to spend your money can sometimes be too great. Sometimes, it is too much that it makes us […]
Tips When Forced To Deal With Debt Collectors
The presence of debt collectors in your life is an indication that you have a huge debt problem. These collectors are usually not in the picture if you paid your dues properly. As long as you were able to meet your debt payments and you did not miss your monthly due dates, they would never […]
Signs You Have A Huge Debt Problem
Having a huge debt problem is not an easy predicament to be in. No matter how much you are earning, you might have a hard time improving your financial situation if you have a huge debt to pay off. But what does it mean to have a huge problem when it comes to debt? There […]
3 Ways To Deal With A Family Loan
Do you think a family loan is a good idea? This is more common than you thought. According to a survey, 1 out of 3 of their respondents admitted to borrowing money from family and friends in the past 12 months. Apparently, the average loan amount is $3,239. When compared to other types of debt, […]
You Need To Pay Attention To The Federal Reserve Interest Rate Hike: Here’s Why
If there is one thing that you need to monitor, it is the interest rate hike. This is the rate that the Federal Reserve, or the Feds, will dictate. When they say that the interest rate will increase or decrease, you can expect that changes will happen in the financial industry. If they say that […]
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