Term: Debt-Free
12 found

How to Create a Get-Out-of-Debt Strategy

By Steven Shaw on 8/16/2014

debt strategy

Collection agencies, banks, personal loans – it might feel like reminders about your debt are everywhere.

If you find yourself struggling for a repayment system, you may feel like you will never get out of debt. The first step in managing debt is understanding what you owe and how you should begin making the necessary payments. Calculating what your debt is costing you and deciding which debts to tackle first can help you get on the track to financial freedom. Check out the below tips for dividing your debts into more manageable segments.

Debt
Debt plan
debt planning
Debt-Free
get out of debt

The New American Dream: Getting Out of Debt

By Steven Shaw on 7/1/2014

The New American Dream: Getting Out of Debt 

What does the American Dream look like today? For a quarter of American adults in a new Credit.com survey, the answer is simple: it’s being debt-free.

Debt
Debt-Free
get out of debt

I’m Debt-Free, So Why Did My Credit Score Drop?

By Steven Shaw on 5/20/2014

debt-free 

Getting out of debt is a good thing, so why do some consumers see their credit scores decline after paying it off? There’s a common misconception that you must be in debt to have good credit, but that’s not the case. You do, however, have to use credit to earn a good credit score, and it’s sometimes difficult to see the difference.

authorized user
credit cards
credit score
Debt-Free
secured card

7 Ways Americans are Getting Out of Debt

By Steven Shaw on 1/21/2014

America's Top Get Out of Debt Strategy 

You may be determined to get out of credit card debt, but how do you actually do it? If you’re like most people, cutting out that cup of joe you grab at your local coffee shop in the morning isn’t going to cut it. You’re going to have to use a combination of several strategies to help you reach your goal.

◾Credit card debt consolidation
Debt
Debt-Free
get out of debt
managing debt
stay out of debt

Who Will Be Debt-Free in 2014?

By Steven Shaw on 1/10/2014

Survey: Will You Be Debt-Free in 2014? 

Is 2014 the year you plan to start tackling your credit card debt? If so, you’re not alone. Most Americans with credit card debt are serious about paying it off, and most plan to tackle it in 2014, according to a new survey by Credit.com – Americans and Credit Card Debt.

The 2014 Americans and Credit Card debt survey was conducted among 2,223 adults online Jan. 1-9 on behalf of Credit.com.

Pay Off Debts
Credit Card Debt Consolidation
Debt-Free
Getting Out of Debt
managing debt

Can I Be Debt-Free & Have Great Credit?

By Steven Shaw on 1/9/2014

debt-free 

Credit and debt are not synonyms. This is important to know.

It’s understandable people confuse the relationship: It’s good to have a high credit score, and you need to use credit in order to have a score. Sometimes, using credit leads to debt. However, you do not need to have debt to have a credit score (or a good credit score, for that matter).

credit
Debt-Credit Relationship
Debt-Free
Good Credit
Great Credit
Revolving credit

5 People Who Paid Off Massive Debt

By Steven Shaw on 1/3/2014

5 People Who Paid Off Massive Debt

Digging out of deep debt can seem like an insurmountable task, and for some people it is. More than a million American households filed for bankruptcy last year in an effort to put their debt behind them.

But bankruptcy court isn’t the only way consumers shed debt. These five people have paid off very large amounts of debt using just about every strategy in the book. Here’s how they did it.

managing debt
Credit Card Debt
Debt
debt collection
debt collector
Debt Utilization Ratio
debt vs savings
Debt-Free
Debt-to-Income Ratio
get out of debt
managing debt
non-mortgage debt
stay out of debt
student debt
What Your Debt is Really Costing

4 Tools That Can Help You Get Out of Credit Card Debt

By Steven Shaw on 11/1/2013

Tools That Can Help You Get Out Of Credit Card Debt

If you are having trouble paying off credit card debt, you need help. Paying off a large balance can be one of the most difficult challenges in personal finance, but there are some resources and strategies that can help you. Here are a few of the tools out there that make the task of paying off your debt a little easier.

managing debt
Pay Off Debts
Balance Transfer Credit Cards
Credit Card Debt
Credit Card Repayment Calculators
Debt
Debt-Free
get out of debt
Interest-Free Financing Offers
Low-Interest Credit Cards

What Would You Do With $100,000?

By Steven Shaw on 9/27/2013

100,000-dollars

Imagine $100,000 falls into your hands. Lottery, inheritance, Vegas, exceedingly generous Tooth Fairy — it doesn’t really matter how you get it, but all of a sudden you possess $100,000 you didn’t plan to have. What would you do with it?

Debt
Debt-Free
personal finance
student debt
student loan repayment

The New American Dream: It’s Not What You Think

By Steven Shaw on 9/6/2013

The New American Dream: It's Not What You Think

A great number of Americans are redefining the American Dream. That was the takeaway from a recent Credit.com poll, which showed that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free. Shockingly, that’s more than those who dream of owning a home.

American Dream
Debt
Debt-Free
homeownership
personal finance