Credit card debt can add up fast, especially right after the holiday season. But for anyone looking to tackle their debt in 2021, there are a handful of credit cards that can help you wipe out a big balance without getting dinged with expensive interest charges. The average credit card APR is 16.43%, but you…
National Debt Relief is a company that offers relief through a process known as debt settlement, which aims to help consumers get out of debt. With debt settlement, you’ll set aside an amount of money in a savings account each month until you’re able to “settle” your debts for less than you owe. You’ll pay…
If you plan to apply for a personal loan, here’s how to make it easier. Personal loans are handy financial products. If you dream of a home makeover, need to get an old car running, or want to consolidate high-interest credit card debt, personal loans can help. Whatever your reason for a personal loan, do…
Last year was tricky for many. With the coronavirus pandemic causing havoc in mid-March, many were furloughed or lost their jobs. It might have resulted in a struggle to make ends meet and turn to credit as a result – or maybe extending the debt they were already in. Around three in 10 Britons have…
On December 7th, 2020, both the House and the Senate have approved new legislation intended to establish criminal penalties for those who knowingly access student loan information from the U.S. Department of Education (ED) information technology systems for “commercial advantage” or their own financial gain. Violators can be subject to fines, a prison stay of…
Everything has been going right for Tash Drujinin of late. A few months ago the 29-year-old landed a stable job in the financial services sector. When many thousands were being laid off with the pandemic, she was made permanent and the security meant she could finally pay off the $20,000 she owed in credit card…
HOUSTON, Texas (KTRK) — If one of your New Year’s resolutions is to get your finances in order, you might consider debt consolidation. Many are struggling right now, so dealing with debt could very well be an issue for months to come. Debt consolidation is just that, a company you hire takes your debts and…
By WHSV Newsroom | December 31, 2020 at 8:34 AM EST – Updated December 31 at 8:34 AM RICHMOND, Va. (WHSV/Office of Va. Attorney General Press Release) A new law from Attorney General Mark Herring and Delegate Hala Ayala will ensure that the $600 economic support payments help Virginians support themselves and their families during…
RICHMOND, Va. (WHSV/Office of Va. Attorney General Press Release) A new law from Attorney General Mark Herring and Delegate Hala Ayala will ensure that the $600 economic support payments help Virginians support themselves and their families during the pandemic rather than getting swept up by debt collectors and creditors, a press release from the attorney…
While a charge-off may sound like a solution to an unpaid debt, it indicates that your creditor determined that you are unlikely to repay a delinquent account. In turn, the creditor closed your account and reported a charge-off to the credit reporting agencies. As a result, a charge-off will appear on your credit report indicating…