An effective debt repayment plan is one of the tools that you can use to help you achieve debt freedom. And if you look at the latest statistics, you will realize that a lot of people will probably benefit from a repayment plan. Apparently, American consumers have an average of $6,506 in terms of credit […]
How To Deal With The Rising Mortgage Interest Rates
The rising mortgage interest rates should make you rethink your debt payment strategy. According to reports, the mortgage applications have gone down because of the rising interest rates. A 30-year fixed-rate mortgage rose from 4.77% to 4.84% while an adjustable-rate mortgage rose from 36.8% to 37.1%. Apparently, the rates are rising because of the tensions […]
5 Negative Effects Of Irresponsible Debt Payments
Irresponsible debt payments can ruin your financial future. If you want to experience the joys of debt freedom, you need to make sure you stay true to your credit responsibilities. It is not just about making payments. You have to pay it on time. There are so many things that can go wrong if you […]
Facing Your Holiday Debt: How To Pay It Off Faster
Now that all the festivities are over, it is time for you to face your holiday debt. While there are some people who have saved up to avoid debt, not everyone was able to prepare to handle all their holiday expenses. In fact, a recent report revealed that the average 2017 holiday debt of Americans […]
Having Kids Despite Debt Is Okay, As Long As You Have These Financial Signs
Do you think having kids despite debt is okay or not? For Millennials, it seems like they are not letting their debt situations hinder their plans of becoming parents. At least, this is true for the 1.3 million Millennial women who gave birth to their firstborn in 2015. This number reflects 8 out of 10 […]