Having high balances on one’s credit card can put a lot of financial stress on a person. Many things could lead to a person facing this situation. One is carrying a credit card debt for a long time, given the high interest rates that can apply to credit card balances.
Why are you putting off bankruptcy?
Dealing with student loan debt after a co-signer passes away
It’s no secret that student loan debt is a prominent credit issue today. In fact, it is arguable that the amount of student loan debt in America is outpacing credit card debt. This is likely because a greater number of students are taking out loans from private lenders.
Consider all the options you have to pay off debt
Buying time for consumers needing help with medical debts
Medical debt has reigned supreme as the number one financial burden that leads to bankruptcy filings. A 2016 study revealed that approximately 43 million or 20 percent of American adults faced challenges in covering healthcare costs, including those who have insurance coverage.
