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Debt & Finance Blog

Merchant making a credit card transaction

Merchant Cash Advances

By Guest Author | April 24, 2019

Are you a proprietor of a small business with cash flow challenges? Have you received advertisements about merchant cash advances in the mail? Before considering the offer, you should be…

Erasing credit card debt

How to Pay Off $15,000 in Credit Card Debt

By George Morris | April 16, 2019

If you’re wondering how to pay off $15,000 in credit card debt, you can comfort yourself with the fact that you’re not alone. More than 40% of U.S. households carry…

Credit or Debit Card for Shopaholics

By George Morris | April 15, 2019

Consumerism is well-ingrained in our society and this has pushed some people to make shopping a little more seriously than others. We call such people shopaholics and they are a…

Valentine's Day and Debt

Unhappy Couple: Debt and Valentine’s Day

By Joey Johnston | February 12, 2019

Valentine’s Day is approaching and romance is in the air. If you’re going out with someone you want to impress, there are a few simple rules. Don’t wear a Bill…

Military Man with family in park

Military Saves: What Is it and How to Participate

By Tom Jackson | January 14, 2019

The stress of dealing with financial problems is a huge concern in the military and one of the reasons it is so involved in promoting “Military Saves.” Military Saves is…

Debtors Anonymous Support Group

Debtors Anonymous

By Robert Shaw | November 28, 2018

A friend confides that the house sale she thought would bring a free-and-clear down payment on a retirement condo in sunnier climates took a surprise turn. Before settlement, her husband…

worried over bills

5 Ways to Reduce Financial Stress

By Tom Jackson | August 9, 2018

Feeling the squeeze from financial worry? Saying you’re not alone isn’t useful. Saying there’s professional help for your condition just might be the best thing this side of winning the…

Credit Card Interest Annual Price Tag: $1 Billion

By Joey Johnston | August 9, 2018

Americans are paying more than $100 billion in credit card interest annually. That means the average American household using credit cards is throwing almost $2,000 a year in the garbage…

Paper airplane on chalk board with Will Carrying a Balance Help My Credit Score? written on it.

Will Carrying a Balance Help My Credit Score?

By George Morris | July 30, 2018

The world is full of myths, and one might be costing you a lot of money. It’s the widespread belief that you need to carry a balance to improve your…

DIY Pay Off Credit Card Debt

DIY Debt Consolidation: How to Consolidate Debt on Your Own

By Tom Jackson | July 2, 2018

Americans who carry balances month over month should be alarmed by the interest they’re paying: As the Federal Reserve persists in incremental hikes, credit card rates keep surging. But there’s…

Sources:

  1. Wiersch, A, Lipman, B. (2018 June) Browsing to Borrow: “Mom & Pop” Small Business Perspectives on Online Lenders. Retrieved from: https://www.federalreserve.gov/publications/files/2018-small-business-lending.pdf
  2. N.A. (2019 March 5) Four Industries that Benefit from Merchant Cash Advance. Retrieved from: https://www.forafinancial.com/blog/working-capital/four-industries-benefit-merchant-cash-advances/
  3. D, Louis. (2021 April 30) Merchant Cash Advance Guide for Small Businesses. Retrieved from: https://www.fundingcircle.com/us/resources/merchant-cash-advance/