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The credit card industry is highly competitive, and to maintain its clientele, they need to be flexible. Therefore, the terms of your credit cards are not always binding. There are a lot of things you can work out with them. However, some things are not negotiable such as the terms of a special offer. Understanding what you can negotiate and how is crucial. The following six items are negotiable with your credit card company. 1. Changing the Payment Deadline A payment due date is given to you when you apply for a credit…continue reading →

Credit cards have benefits, including the ability to make simple, safe purchases and build credit. However, they might also leave you in debt. When you use multiple cards and cannot pay off their balances in full, you dig into a deep hole that can grow deeper by the high-interest rates associated with credit cards. Fortunately, there are remedies. Consider refinancing as an alternative to making minimum payments on your debt, which can take an excessively long time to pay off. What’s Credit Card Refinancing? Replacing one type of debt with another is referred…continue reading →

Sending a child to college is a major step paved with years of hard work and significant decisions. Parents and students often consider the location, programs, and campus advantages. However, they should not overlook the financial aspects as they affect a student’s performance and achievements during and after college. According to the College Board, the average debt per borrower who graduated with a bachelor’s degree in 2017-18 was $29,000. So, even if a college education could lead to more rewarding and profitable career opportunities in the future, the price tag should not be…continue reading →

There are constant debates about whether or not the United States is in a recession at the moment, and if not, will it be the case soon? According to a recent Wall Street Journal survey of economists at major banks, the US is heading for a recession within the next two years. In this survey, two-thirds of the economists at 23 major financial institutions that work directly with the Federal Reserve forecast a recession in 2023. Two more predict a downturn in 2024. However, some Wall Street analysts and economists believe that even…continue reading →

If you have a pile of debt, paying it off can be a grueling and tedious process. To be debt free from credit card bills, mortgage payments, or student loans can take several years and even decades and will result in debt fatigue. Debt fatigue happens when you feel that paying back debt is impossible to overcome. The debt you owe does not seem to lessen even though you have made significant cut-backs to your lifestyle and spending habits. Dissatisfaction, apathy, hopelessness, and depression are their defining traits. When this happens, instead of…continue reading →

If a debt is becoming a burden to your head, opt for debt consolidation programs and get relaxed. There are a lot of debt relief companies who are ready to help you with the debts. But choosing the right debt settlement company or debt consolidation company is not an easy task. What do you mean by a debt consolidation? Debt Consolidation comes under the debt relief program that allows you to take a new loan and pay your outstanding debts. In some of the cases, it helps in reducing the total amount to…continue reading →

The outbreak of COVID-19 (Coronavirus) has created great upheaval in the stock market and has negatively affected the financial health of the economy, as well as the economic well-being of people across the world. It has led to stressed-out shoppers racing to supermarkets. Many consumers are concerned about how they can afford their day-to-day finances as they are now facing reduced work hours or have been forced to leave their jobs. It is natural to have financial stress. However, the first step is not to panic but to plan. Here are seven financial…continue reading →

Debt settlement refers to the settlement with your creditor where he has agreed to accept a less amount in full settlement of the amount you owe to him. In other words, it also means that the creditors won't hound you anymore for its money. Debt settlement companies act as negotiators who negotiate your settlement with the creditors. It seems to be a good deal, but it might even be risky due to the following reasons: The option of the settlement of debt can destroy your credit. To settle may take a long period,i.e.…continue reading →

If it's been more than a year when you are carrying a certain amount of debt in your credit card and you are burdened with the monthly payments and increasing interest rate, then a plan to pay off your debt will be very helpful. Credit card consolidation is one such option that will help in this situation. A credit card consolidation company will offer you it's services. What do you mean by credit card consolidation? In this case, a new loan is taken to pay off the balances on any outstanding credit cards.…continue reading →

Are you in search of debt solutions? If yes, you must have come across a lot of debt management programs. You might have looked into a variety of options and be confused regarding their working. Let's know more about ways of handling debt and the differences between them and also about debt settlement companies. Debt solutions: Use caution Before getting into an agreement with any debt solutions company or debt relief services, experts recommend you to use caution and also do research about the service provider you are going to hire. Do not…continue reading →