Ask an Expert: Should I Settle My Car Loan?

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By Bruce McClary: 05/17/2021 This week’s question: I had a car repossessed 2 years ago and the finance company recently sent me a letter offering me a settlement offer that would allow …

When is the Best Time to Buy Your First House?

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By Hermond Palmer: 09/21/2020 Buying your first home provides an incredibly unique combination of feelings: the excitement of starting a new chapter, the adventure of tackling home improvement projects, the stress and …

Ask an Expert: Is it alright to run out the clock on an old debt that’s in collection?

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By Bryce McClary 05/11/2021 This week’s question: I have received a settlement offer on an old credit card debt from years ago when I was out of work. Would it be better to …

CDC extends eviction moratorium through July

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By John Kruzel 06/24/2021 The Centers for Disease Control and Prevention (CDC) on Thursday announced a one-month extension to the nationwide pause on evictions put in place amid the coronavirus pandemic. The eviction moratorium, …

12 Easy Ways to Pay Off Debt

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By Emma Kerr, Stephanie Steinberg, and Susannah Snider May 20, 2021   Are you swimming in debt and don’t know how you’re ever going to pay it off? You’re not alone. If you’re looking for easy ways to …

14% of renting households are behind on payments. The average amount owed is $3,400.

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By: Al TompkinsMay 21, 2021  https://www.poynter.org/reporting-editing/2021/14-of-renting-households-are-behind-on-payments-the-average-amount-owed-is-3400/  There is still a rental reckoning ahead and it may not be far off. CBS News says, “The trickle of evictions across the country could soon become a flood …

Consumer Credit Snapshot Shows Fewer Accounts In Financial Hardship Since Last Year

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Katie Jensen JUN 23, 2021 https://nationalmortgageprofessional.com/news/consumer-credit-snapshot-shows-fewer-accounts-financial-hardship-last-year  In May of 2020, 7.48% of financial hardship accounts represented mortgage delinquencies. A year later, only 4.07% represented mortgage delinquencies. The May 2021 Consumer Credit Snapshot shows …

Americans Are On the Cusp of Another Borrowing Binge

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Posted on the June 23, 2021 Investors are concerned the U.S. is headed for a repeat of the lackluster economic expansion of the prior decade — that once the country gets past reopening …

Ask an Expert: How Do I Pay the Right Debt Collector?

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By Bruce McClary | Friday April 16th, 2021 The NFCC often receives readers questions asking us what they should do in their money situation. We pick some to share that others could be …

How to Find Credit Counseling You Can Trust

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. The pandemic has forced many people to seek help for getting out of debt by Kimberly Lankford, AARP, March 30, 2021 If you’re lost in a mire of debt, a credit counselor can help. …