As much as owing debts is inevitable, one biggest fear is having your account wiped out by your debt collector. Imagine needing funds for something urgent only to discover you have no money. It’s more embarrassing when you discover you’re penniless because your creditor decided to clean up your account. As much as this sounds …
by admin 
Bad math Miscalculations are one of the most common errors on tax returns. In 2017, the IRS reported 2.5 million math errors on returns. The errors range from a simple mistake on addition or subtraction or misplacement of numbers on tax tables or schedules. Thankfully, IRS software catches these mistakes but it can result in …
by Alexa 
Credit Card Relief Programs Contact your credit card company to determine if they offer any relief or assistance to those the coronavirus pandemic has impacted. Be prepared to provide documentation of your situation if necessary. One common form of aid is establishing a payment plan that works for your situation. Another way credit card companies …
by Alexa Staying on top of your bills is extremely important. Aside from helping you to avoid accumulating debt and overdue bills, properly managing what you owe has consequences on your credit rating. Many people find this difficult, which is understandable when you have bills coming in from all different directions at all different times! A great …
by Elaine Hiro Living in a mountain of debt can be a huge struggle, especially if you are required to pay off a large debt in a short time on top of your basic necessities – like food, child care, gas, and utilities. It’s a disastrous recipe for missing payments, and it won’t be long before intimidating calls …
by Total According to the National Institute of Economic Research, exploding debt mountains have caused stress and anxiety among people in the United States. American citizens are unable to pay off their national debt, on average, at about $1,000 a month, or $3,500 a year. Nonprofit counseling services typically offer debt consolidation programs for people with debt …
by Total What Is Debt Consolidation? As of 2018, nearly 80% of Americans, across all generational demographics, carry some type of debt. Whether that debt comes from student loans, mortgages, credit card debt, auto loans or medical debt, more Americans are looking for ways to reduce their debt. Many debt-holders may have come across the suggestion to …
by rmi 
Are you living with debt problems? Are you a procrastinator? You’re not alone. Despite recent upticks in the economy, Americans are more in debt than ever.
by rmi 
Move-in Ready Homes There are two main reasons you’d need to buy a place that is ready for you to move in. FHA (Federal Housing Administration) loan restrictions Basically, you can’t buy a true fixer-upper with an FHA loan. There are provisions that exist to protect buyers — this means under an FHA loan, you …
by rmi 
Home equity is the amount that your home is worth minus any outstanding mortgage loan balances. For example, if you purchase a home valued at $200,000 with a $150,000 mortgage, you have $50,000 equity in your home. Your home equity will most likely grow over time as the value of your home increases and as your loans are paid down or reduced.
by rmi