How to Use Lending Club to Pay Off Debt
November 15, 2012
If you’ve dug yourself into a hole in regards to your debt burden it can sometimes be impossible to dig out without filing bankruptcy. The minimum payments, late fees, and interest charges continue to rise to a point that you simply can’t earn enough money in a given month to pay everyone. Your credit score […]
5 Characteristics of People Who Get Out of Debt
November 14, 2012
This article was written by Benjamin Feldman, a personal finance expert at ReadyForZero.com. ReadyForZero is a site dedicated to helping Americans manage and pay off their debt – for free. You can find more of his writing at the ReadyForZero blog. There’s no denying that it’s hard to pay off debt. So what makes some people successful […]
What is a Good Debt to Income Ratio?
November 13, 2012
A common question amongst potential home buyers is what a good debt to income ratio for the loan underwriting process. As important as this question is for home buyers (or those looking to refinance their loans) it isn’t just for this group of people. Everyone should know what a good debt to income ratio is […]
4 Keys to Getting Out of Debt
October 30, 2012
It is so much easier to get into debt than it is to get out of debt. You’ve already signed up for years of payments and tons of interest. Those factors make it really hard to just change your mind today and be out of debt tomorrow – regardless of what debt reduction methods you […]
The High Cost of Procrastinating on Your Debt
October 2, 2012
Sometimes debt is unavoidable. You weren’t financially prepared, something came up, and you had to spend more than you had. Other times, debt is completely avoidable. You saw something you wanted, you didn’t save up for it, and you purchased it on credit. Any way you cut it, debt isn’t a good thing to have. […]
Pay Off Student Debt Early?
August 21, 2012
Student loan debt has been in the news a lot lately and not for any good reasons. Some see student loans as being the next potential bubble to blow, not unlike the mortgage loan mess of a few years ago (that’s still being worked out even now). Will they go the way of mortgages and […]
Chip Away at Your Debt in Under 10 Minutes a Day
July 25, 2012
Paying off debt can feel like a daunting process, but don’t let feeling overhwelmed stop you from getting started. Today, Shannon McNay from ReadyForZero will give us some tips on paying down our debt at little at a time. Chipping Away at Debt One of the problems with debt is that it can sneak up […]
The American Dream: A Fictional Story
September 23, 2011
Thanks to Danny Kofke, author of the book Live Wealthy With Little Money, for this portrayal of a family in debt. Jim and Laura are a typical American couple. They just got married last year after dating for four years. Jim is a manager of a local department store and Laura is a school- teacher. They […]
The Pill to Cure Debt
September 21, 2011
Would you agree that taking a pill to cure us has become ingrained into our trips to the doctor? When we’re in pain or sick we hope there’s a pill we can to make our troubles disappear. Sometimes it’s possible and the little purple, yellow, or pink pill our doctor prescribes us does make us […]
10 Ways to Get Out of Debt
August 11, 2011
If you want to get out of debt–particularly a lot of debt–then you have to really want it. Â I’m talking about flashing Rocky Balboa levels of intensity. Â You have to make debt busting your second job. Â Like losing weight, you’ll quickly learn that it’s hundreds of times harder to get out of debt than it […]
