In March 2020, America confirmed its first coronavirus case. Since then, the economy has been in chaos. The unemployment rate soared from a record low to a 13.3% high. Before COVID-19, several news agencies had reported on higher-than-normal debt loads among Americans...
A recent report by the Federal Reserve Bank of New York reveals that the consumer debt in our country has hit a record $14.3 trillion in the first quarter of this year. Isn’t it shocking? Having debts means most likely, you have to sacrifice a substantial amount of...
The Coronavirus has made American families’ financial futures extremely volatile. In an attempt to slow the spread of the disease, state-mandated shutdowns of nonessential businesses have had a major impact on the finances of both individuals and businesses, resulting...
Debt can sneak up on even the most frugal individuals. This may happen if you struggle to find a job after college or get forced into early retirement due to age discrimination. Add an emergency to the mix and the situation only grows worse. When looking for solutions...
If you’re currently up against a growing mountain of debt, debt settlement is certainly not the only option. Many people will take advantage of debt consolidation because it allows them to preserve their credit history, while still potentially saving on monthly...
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