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Debt & Finance Blog
Buy now and pay later is taking the market by storm, but will you be taken to the cleaners if you indulge in this online purchasing craze? That’s all up…
Dealing with debt collectors already is an unpleasant encounter, but some collectors have found a way to sour the experience even more. It’s called debt parking and if you haven’t…
Even before the COVID-19 pandemic sent the economy into a tailspin, millions of Americans were 90 days or more behind in their car payments. The coronavirus-inspired shuttering of businesses and…
If there’s an upside to the economic trauma brought about by the coronavirus pandemic — stipulated: we’re straining for a silver lining here — it’s the number and variety of…
Remember the good old days? Just a few long months ago, the economy was roaring and nobody outside Wuhan had ever heard about coronavirus. Now millions of Americans are in…
Layoffs are a common experience — 40% of workers report having been laid off at least once and according to the Bureau of Labor Statistics, nearly 1.6 million workers were…
Joining the military means sacrifice. It shouldn’t mean you give up financial security and end up in debt. Unfortunately, service personnel often struggle more than civilians with paying bills. A…
Love makes people do foolish things. Nothing is more foolish than going into debt for Valentine’s Day. We’re not anti-love. We just want you to celebrate Valentine’s Day without losing…
There’s an estimated $58 billion in unclaimed money out there waiting to find a home and it’s probably worth the time and aggravation to see if any of it belongs…
Surveys show most Americans will make a resolution to get out of debt in 2020. Surveys also show most Americans will fail miserably. If you want to get out of…
Sources:
- N.A. (2022, September 15) CFPB Study Details the Rapid Growth of “Buy Now, Pay Later” Lending. Retrieved from https://www.consumerfinance.gov/about-us/newsroom/cfpb-study-details-the-rapid-growth-of-buy-now-pay-later-lending/
- Cheng, A. (2020, December 16) Why Retailers Are Embracing ‘Buy Now, Pay Later’ Services This Holiday Season. Retrieved from https://www.forbes.com/sites/andriacheng/2020/12/16/why-retailers-are-embracing-buy-now-pay-later-service-this-holiday-season/?sh=465c5b1639c8
- Grant, T. (2021, January 2) Buy now, pay later is catching on in the U.S. Retrieved from https://www.startribune.com/buy-now-pay-later-is-catching-on-in-the-u-s/600006027/
- N.A. (2020, December 20) ‘Buy now, pay later’ services: Here’s how they work. Retrieved from https://www.winknews.com/2020/12/10/buy-now-pay-later-services-heres-how-they-work/
- Backman, M (2020, July 20) Study: Buy Now, Pay Later Services Growing Quickly Among U.S. Consumers. Retrieved from https://www.fool.com/the-ascent/research/buy-now-pay-later-statistics/