Financial Literacy

There are a variety of options for borrowers with poor credit. You could end up paying hundreds or even thousands of dollars more in interest over the course of the loan if you go for one with a high payment. In other words, before asking for a bad credit loan, make sure you’ve exhausted all…

Is paying off debt better than investing? Debt can be a valuable tool in your financial arsenal, but it’s important to weigh the benefits and drawbacks of each option carefully before making a decision. Paying off debt can save you money in interest payments over time, but it can also reduce your available funds for…

Getting a car can be considered an investment, but it can also be a lifetime liability. People who can’t afford their car payments have several options, but not many of them know these options. This article will discuss everything you can do when you can’t afford your car payment. What Happens When I Miss a…

If you’re struggling to make your monthly mortgage payments, you may be considering either deferment or forbearance. Both options can help you temporarily avoid foreclosure, but they come with different benefits and drawbacks. Here’s a look at how deferment and forbearance work and which option may be right for you. What Does Payment Deferred Mean?…

Paying off debt when you’re broke can be a real challenge, but it’s not impossible. As soon as you know that you’re going to lose your job, take steps to ensure that you have enough money saved to pay for your basic needs and get by until you find another job. By taking steps early…