Stop Focusing on Your Credit Score if You Are Drowning in Debt

Posted Under: Blog, Credit Score, Debt Relief

Everywhere you turn these days, someone is offering to give you a free copy of your credit report and credit score.  Recently, credit scores started showing up in many credit card statements, further adding to the fixation Americans have with their credit score.  We have become a nation obsessed with ...

Why a Credit Counseling Program Takes Longer to Complete and Costs More Than Debt Settlement

Posted Under: Blog, Credit Counseling, Debt Settlement

You pay your ‘regular’ bills on time. But you can only afford to make the minimum monthly payments on your credit card accounts. In most cases, making only the minimum payment each month and continuing to make purchases causes your balances to increase each month. These outstanding balances build up ...

Stop, Drop, and Budget! Where Does All Your Money Go So Fast?

Posted Under: Blog, Budgeting, Debt Relief, Financial Education

The budget process often creates resistance. It might feel like a burden or appear to be too hard or overwhelming to follow. In some cases, you may not want to change your spending habits, which can become a barrier to financial success.  The reason for a budget is to give ...

Why it Takes Longer to Restore Your Credit After Bankruptcy Than Debt Settlement

Posted Under: Bankruptcy, Blog, Credit Score, Debt Settlement

Debt has you overwhelmed. Between large credit card balances and only making the minimum monthly payments, you realize it will take nearly three decades to get rid of your credit card debt.  And, what about your credit score? Here’s some facts that may surprise you as you make the final ...

Top Budgeting Tips that Make a Big Impact on Your Wallet

Posted Under: Blog, Budgeting, Debt Relief, Financial Education

The process of creating a budget is really a simple concept. You list your monthly expenses and then do not spend any more than the allotted amount in each category. Implementation of your budget, on the other hand, is more complicated. It’s that whole, ‘working the budget’ that’s challenging.   There ...

The Eternal Impact of Claiming Bankruptcy to Rid Debt

Posted Under: Bankruptcy, Blog, Debt Relief

The stress of carrying too much debt for the income you make could have you thinking that bankruptcy is the best way out. It seems easy enough. After filing a petition for relief, the collection calls stop. You turn your life over to the courts, and in about six months, ...

Who & What Keeps Score? The Difference Between FICO, Vantage, and Beacon Credit Scores

Posted Under: Blog, Credit Reporting, Financial Education

Credit scoring companies and lenders have recently increased consumer access to credit scores creating both interest and confusion. Today you can get a free credit score from most banks and credit card companies, along with third-party vendors like Credit Karma. The problem is that your credit score is not the ...

Gamify Your Debt Relief! Use Games with Goals To Stay On Track and Have Fun

Posted Under: Blog, Budgeting, Debt Relief

Everyone could use a little more fun while mastering the tough stuff in life. Money management can make you feel more like a firefighter than a money mongrel. Plus, you want to move from putting out financial fires every month, just getting by, or trying to shuffle bills based on ...

5 Strategies to Get Your Finances in Order in the New Year

Posted Under: Blog, Budgeting, Financial Education

The new year brings the opportunity to make adjustments that can change the trajectory of your financial wellbeing. To capitalize on this opportunity, you must do things differently. Instead of making grand goals, you will abandon by the end of the month, try the following strategies to get your finances ...

How to Avoid a Default Judgment – Never Wait Until a Creditor Sues

Posted Under: Blog, Debt Relief, Debt Settlement

Nobody likes dealing with creditors and debt collectors trying to recover past due balances.  The process starts off cordial, but an inability (or unwillingness) to pay the balance in full can lead to more aggressive actions by collectors, including the threat of litigation.  However, this happens much less frequently than ...