Tag: get out of debt


Why Late Payments Haunt You For 7 Years

Did you ever wonder why a negative item has to stay on your credit report for 7 years? This question has been circulated for many years, and no one was able to give an answer other than what is stated in the Fair Credit Reporting Act (FCRA). I always wonderedRead More

Why You Need An Emergency Fund

Many Americans today don’t have a savings account or emergency fund. I heard on the news recently that the Commerce Department reported that Americans spend all the money they have and personal savings rates have reached the lowest level since the Great Depression. Your emergency fund is your safety net:Read More

Young Folk With Debt Issues

We really are being bombarded by loans that are simplifying our lives. The boom in the personal finance markets have brought about a major attitude change. The advice that our grandparents gave us about never lending or borrowing seems out of date in the world of today. With instant satisfactionRead More