APR: The Ins & Outs of Credit Card Interest
Credit card APR (aka Annual Percentage Rate) represents the cost of borrowing on a credit card if you don’t pay the balance in full each month. It includes interest and...
Bankruptcy & Credit Scores: Short Term Pain For Long Term Gain
Many people believe that filing for bankruptcy is like dumping toxic waste on their credit scores–instant and long term damage to their future financial landscape. While filing for bankruptcy can...
Keeping Score of Your Credit After Filing for Bankruptcy
Filing for bankruptcy can impact your credit score, but it doesn’t mean you’re out of options. Knowing the differences between your credit score and credit report — as well as...
New Year, New Start: Erase Credit Card Debt with Chapter 7 Bankruptcy
Debt in and of itself can be daunting, but no form of debt is quite as common and relatable as credit card debt. Additionally, if you’re in over your head...
How Will Chapter 13 Bankruptcy Impact Your Credit Score?
A change in your finances will inevitably come with a wide variety of related questions. Your credit score, for example, is going to come up sooner or later. Specifically, if...
Taking an Interest in Interest Rates: What Does the Most Recent Interest Rate Increase Mean for Credit Card Debt?
On July 29, 2022, the Federal Reserve once again raised national interest rates in an effort to combat inflation and, hopefully, mitigate a potential recession. Thus, this move marked its...
When Credit Card Debt is Anything but Merry and Bright
Holiday spending often causes concern for individuals and families alike, as their average monthly spending increases substantially in comparison to most other months throughout the year. Specifically, in terms of...
Crushing Credit Card Charges: Debt Consolidation Loans Versus Declaring Bankruptcy
Debt may feel like a dead-end as you frantically search for a way out. However, while collecting interest can take a toll on your long-term financial plans — fueling a...
Bankruptcy 101: “How Long Will I Be In Bankruptcy?”
As one prepares for the reality of bankruptcy, it’s likely that they will be accompanied by a whole host of emotions: worry, nervousness, hope, and relief, among others. Another feeling...