You can be sued for credit card debt if you don’t make the payments on time. Now, you can think about whether or not debt consolidation can help you if a creditor has filed a lawsuit against you. Before going to that topic, let’s discuss the process of debt consolidation in brief. It will help […]What happens if you don’t pay credit card bills and what to do
So, one more month has passed and you couldn’t pay your credit card bills on time, not even the minimum payment. You are not alone: as per the survey by wallethub, the average American households are in $8,788 credit card debt. Unfortunately, 62% of people have said that they would go into credit card debt […]Not only money, you also need healthy habits to clear debts!
What do you mean by healthy habits? Eating healthy, doing exercises, staying away from all sorts of addictions, drinking enough water every day, minimal screen time on computer and mobile devices, and so on, will be the answers coming from everyone. And, all are totally correct. Debts are a big time side-effect of a bad […]How debt consolidation is the best option to revive your financial life
Whether you are standing on the edge of bankruptcy or just trying to fix your finances, you can’t ignore the importance of debt consolidation. But how can debt consolidation help you to get a second chance of reviving your financial life? Let’s check out. Before knowing the advantages of debt consolidation, let’s have a look […]What are the 7 most important money lessons to teach your kids?
The last Friday my 5-year-old kid asked me to buy a toy Optimus Prime truck. I answered him “I don’t have any money right now, so how about buying it later this weekend”. My son smiled at me and said “Never mind, get the money from the bank and buy it.” I was really surprised […]What is an auto loan? Is it a good or bad debt?
What is an auto loan? In simple words, an auto loan or a car loan is a loan taken out to buy a vehicle. When you take out an auto loan, you are paying on the vehicle price plus the interest on the principal loan amount. Check this article if you’re thinking should you get […]