Category Archives: Debt

9 Great Programs That Can Help First-Time Homebuyers

9 Great Programs That Can Help First-Time Homebuyers

Purchasing a home is a complicated process that can prove rather stressful. Homebuyers face piles of paperwork, unfamiliar terminology, and a wide range of professionals and their associated fees, which is to say nothing of the financial considerations involved in undertaking a home mortgage. Luckily, however, first-time homebuyers have a number of resources available to… Continue Reading

More Money – 7 Excellent Podcasts to Increase Financial Literacy

More Money – 7 Excellent Podcasts to Increase Financial Literacy

Not everyone has the time to wade through books as they try to improve their financial literacy. Luckily, a large number of helpful podcasts exist. With podcasts, people can listen to some great advice and get excellent money tips while driving, walking the dog, cooking dinner, or even cleaning up around the house. With this… Continue Reading

4 Facts About Bankruptcy You Need to Know

4 Facts About Bankruptcy You Need to Know

While individuals should make every effort to get out of debt using strategies like budgeting and consolidation, sometimes this is simply not possible. The end-of-the-line option is bankruptcy, which is a legal declaration of the inability to pay off debt. People should not take bankruptcy lightly. While the process can help give individuals financial breathing… Continue Reading

What You Need to Know about the Different Types of Mortgages

What You Need to Know about the Different Types of Mortgages

When shopping for a mortgage, it is important to know what the different options are and what the implications of each are for the future. The following is an overview of the major different types of mortgage and what each means for the borrower: Conventional vs. Government-Backed Loans Loans that are not insured by the… Continue Reading

4 of the Best Ways that Everyday Investors Can Enter the Real Estate Market

4 of the Best Ways that Everyday Investors Can Enter the Real Estate Market

Real estate is not an investment for everyone, but thinking of real estate solely as purchasing and then renting a property is shortsighted. In today’s market, there are a number of different ways to get involved with the real estate market, even for those who do not have the capital necessary to purchase properties outright.… Continue Reading

Here Are 5 of the Best Tips for Paying off Student Loans Quickly

Here Are 5 of the Best Tips for Paying off Student Loans Quickly

Individuals need to think carefully about the implications of taking out student loans before they sign on the dotted line. Many students have taken out these loans without thinking about how it will affect them in the future, and they have experienced financial difficulty as a result. After all, student loan debt typically cannot be… Continue Reading

5 Simple Things You Can Do to Repair a Bad Credit Score

5 Simple Things You Can Do to Repair a Bad Credit Score

Good credit scores can drop to dangerous levels rather quickly. With only a handful of missed or late payments, one’s score can fall below 600, which severely limits a person’s financial opportunities. People with a score this low may not qualify for the apartment of their dreams and could even pay more for insurance. Interest… Continue Reading

7 Easy Ways to Increase Your Credit Score

7 Easy Ways to Increase Your Credit Score

Several factors go into determining a credit score, and to raise it people should focus on as many of these components as possible. The most important aspect in determining one’s credit score is payment history, but a person’s amount of debt is also important. Other factors include inquiries into credit, the types of credit secured,… Continue Reading