Term: Debt
39 found

Is Your Business Killing Your Credit?

By Steven Shaw on 1/22/2014

Is Your Business Killing Your Credit? 

Although he says he has a six-figure income, his balances on his credit cards are somewhere between $30,000 and $50,000, and he feels he has too much credit card debt. The reason he says he’s in the hole? “Business expenses.”

Cash Flow
credit
Debt
Personal Guarantees
small business
small business loans

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

The Ultimate Guide to Debt Collection

By Steven Shaw on 1/13/2014

debt collection 

Your first reaction when hearing from a bill collector may be panic or avoidance, or perhaps a combination. But those reactions won’t help the situation and could make it a worse.

Most collectors are just doing their jobs, and some of them are so good at dealing with consumers that they get love letters from their clients! But even if you don’t get a warm and fuzzy feeling when you are talking with a collector, you don’t have to deal with abusive behavior. There are laws that protect you against that.

Here we have assembled some of our best advice from years of answering consumers’ questions about collection accounts.

Credit Card Debt
Credit Card Debt Consolidation
Debt
debt collection
debt collector
Fair Debt Collection Practices Act
get out of debt

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

7 Tips to Get Your New Year’s Money Resolution Started Off Right

By Steven Shaw on 1/2/2014

7 Tips to Get Your New Year’s Money Resolution Started Off Right

So 2014 is the year of the great financial leap forward, eh? You are finally going to get your finances on track. Bravo, you Fiscal Warrior! But like many a New Year’s resolution about diets, exercise or de-cluttering, the  seeming enormity of the task always becomes one of the big reasons that we end up breaking our promise by February.

It doesn’t have to be that way. Many of us spend more time watching TV shows we don’t even like than we would need to fix our finances. Just follow these seven easy tips and not only will you be on the road to financial stability, you’ll also realize how easy it is to stay on course.

budget
Credit Profile
Debt
personal finance
Saving
Taxes
What Your Debt is Really Costing

10 New Year’s Resolutions That Can Save You Money

By Steven Shaw on 12/31/2013

new year's resolutions

Whether it’s responsible money management, weight loss or a healthier lifestyle, New Year’s resolutions usually become a thing of the past by February when the holiday festivities are over, the dust has settled and life is back to normal.

However, with a little determination and consistency, resolutions can help you save $1,000 or much more.

budget
budgeting
Debt
get out of debt
personal finance

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

Women Flexing their Financial Muscles

By Steven Shaw on 8/30/2013

The age-old battle of the sexes certainly holds its own stereotypes: men are action-oriented, women crave deep discussion; he tends to score higher on math tests, while she excels at language-based tasks. But when it comes to money and credit management should men still be the de-facto household CFO as in the past? Perhaps not, according to new research from Experian, which suggests that old stereotypes that applaud men as good money managers may no longer hold their weight.

Experian’s Great Credit Divide Gender Trends Study revealed female superiority in money management, with women leading men in credit health and debt management despite lower average salaries.

How do we stack up against one another? Read on to find out.

credit score
managing debt
Pay Off Debts
Credit Card Debt
Debt
Debt Utilization Ratio