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...
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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...
An emergency room visit can put you in financial jeopardy
Most of us don't plan on ending up in an emergency room. Often, you don't even realize that you've been transported there until you wake up on a gurney in a hospital gown. As anyone who has experienced this knows, emergency room bills can be costly, even after your...
How will the latest rate hike impact your credit card debt?
Some New Jersey residents, as well other Americans, choose not to follow the goings-on in Washington, D.C. However, many decisions by those elected and appointed to jobs in the federal government can have significant impacts on people's lives and finances.A prime...
Why bankruptcy may be the best option
New Jersey homeowners facing financial difficulties may consider several options to avoid foreclosure. Short sales often come up in discussions of what to do if you are having trouble making your mortgage payments. However, a short sale may come with certain...
Can you continue to spend after deciding to file Chapter 7?
You've made the difficult decision to file for Chapter 7 bankruptcy. You know that your financial life will change after this and won't be the same for awhile.However, your credit cards haven't yet been cancelled. Should you make a few last purchases? Perhaps you...
What can you learn from Mark Cuban about credit cards?
It may seem easy for a billionaire like Mark Cuban to advise people not to use credit cards. However, the entrepreneur, Dallas Mavericks owner and star of the TV show "Shark Tank" grew up in a middle-class family and helped pay his own way through college by giving...
Hospitals are offering interest-free loans to patients
As we've discussed here before, medical debt is one of the leading causes of bankruptcy. Even a medical bill of $2,000 after an insurer has paid its share of your bill can be an unexpected expense that many Americans simply can't handle.Now some hospitals are seeking...
Housing options after bankruptcy
Deciding to file for bankruptcy may have provided you with relief from creditor harassment and the constant stress of incoming bills you are not able to pay. You may be wondering, though, how it will affect your living situation.Although you could choose to rent a...
