We live in a world where we can swipe our credit card virtually everywhere while barely a thought to the ever-increasing balance on our card. Therefore, it's not surprising that many people rack up thousands of dollars in credit card debt that they can't pay. However,...
Blog
Month: July 2017
Some options for handling overwhelming student loan debt
Americans' federal student loan debt is now at a whopping $1.4 trillion dollars. That debt is owed by about 44 million borrowers. There's no telling yet how borrowers will be impacted by the changes the Trump administration is considering to the federal student loan...
Should small business owners file for Chapter 7 or Chapter 13?
Small business owners face an uphill battle in the marketplace. It becomes even more precarious when there are unkind financial events. For instance, according to federal data, during the Great Recession between 2008 and 2010, the United States lost more...
Tips for finding a credit card for your college-bound child
If your teen is going off to college this fall, you may be considering getting him or her a credit card to use for unexpected expenses and emergencies. The prospect of a credit card in your son or daughter's hands, however, may be frightening. Following are some...
Why you should pay your credit card bills early
If you pay your credit card bills in full and on time every month, you're way ahead of a lot of Americans. You save yourself interest charges, late fees and potential harm to your credit score. However, you probably wait to pay until just before it's due, right? Why...
How filing for bankruptcy affects student loan debt
Many people in New Jersey and throughout the United States are affected by student loan debt. In fact, Forbes reported that as of 2017, over $1.3 trillion of debt was held by 44 million borrowers in the country.Many borrowers manage to make minimum...
