Articles Archive

Debt consolidation will affect your credit score. However, whether that impact is negative or positive, and to what extent, is less black and white. In fact, much of what happens to your credit is within your control and depends on several factors. As far as debt...

Learning how to get out of debt took me about five years. At my worst, I had somewhere around $44,000 in credit card debt, most of it charging interest rates higher than 20%. A debt consolidation loan helped me turn things around, as it was successful in lowering the...

An Insurify survey says drivers are spending $5,851 annually on car ownership – before even making the monthly payment on the car loan.  This figure breaks down into full-coverage auto insurance ($2,237), gasoline ($2,126), and maintenance costs ($1,488). These are...

The answer to “What happens if I don’t pay a medical bill?” is that your bill will move through a collections and credit reporting process over time, during which you’ll have multiple opportunities to pay, dispute, or negotiate your balance.   If you have received a...

If you’re wondering “What happens if I can’t pay my hospital bill?” you’re not alone. Studies from the National Library of Medicine show that as much as 36% of US households carry medical debt. Fortunately, the short answer is pretty straightforward.  If you cannot...