Understand Debt

Two individuals negotiating credit card debt at a table

How To Negotiate With Debt Collectors

By Robert Shaw | August 10, 2023

Most people know when they have fallen behind on debts, so it’s seldom a surprise when the phone rings and it’s a collection agency on the other end of the…

Man calculating the difference between payday loan alternatives

How To Avoid Payday Loans

By Pat McManamon | May 31, 2023

Payday loans offer a fast but expensive and sometimes dangerous way to borrow money. The Consumer Financial Protection Bureau (CFPB) calls a payday loan a “short-term, high-cost loan” that typically…

Letter from payday lender with urgent final notice stamped on it

Defaulting on a Payday Loan

By Tom Jackson | May 31, 2023

If you’re anxiously waiting on your next paycheck but need money fast, one question might pop into your head: “Is getting a payday loan a good idea?” Quick answer: Only if you’re…

Stack of unpaid bills that have been sent to debt collection

What Is Debt Collection?

By George Morris | May 25, 2023

Debt collection is what happens when you fall far enough behind on your required payments, especially credit cards, and creditors bring in a third-party agency to recover what you owe.…

Man at desk opening a bill that says final notice for debt

Judgment Proof

By Allan Taylor | April 28, 2023

Americans’ credit card debt is approaching a record $1 trillion,  delinquencies on auto payments are escalating, and steadily climbing interest rates only make matters worse for consumers struggling with credit…

Elderly couple on computer looking for a loan

Loans Available for Seniors on Social Security

By George Morris | March 12, 2023

Just because you’re retired doesn’t mean you won’t need a loan, but senior citizens may wonder if it’s still possible to get one if they’re on Social Security. The question…

Elderly couple discussing their options with debt collectors

Elderly Debt Collection Laws

By Maureen Milliken | February 9, 2023

Not having money to pay bills is stressful. Calls from a collection agency looking for payment add a level of stress and anxiety that can be debilitating, particularly for seniors,…

Retired man paying off his credit card bills on his laptop

Paying Off Debt In Retirement

By Robert Shaw | December 8, 2022

There’s an inspirational quote about retirement not being the end of the road, but instead the beginning of an open highway. It’s an uplifting thought for folks after years of…

Letter from debt collection agency asking for payment

How to Pay Collections

By Maureen Milliken | October 31, 2022

If you’re getting calls from a debt collection agency, it’s at best irritating and at worst frightening. The best way to make them stop is to pay what you owe.…

Gambling Hurt Family

Solutions Available for Gambling Debts

By Pat McManamon | October 30, 2020

If you or a loved one are in debt because of gambling and looking for a way out, there are options that involve a lot less risk and more success…