How to reduce your debt when your credit is good (700+)
Debt Reduction
Balance Transfer Cards vs Debt Consolidation Personal Loans
If you have debt, you’re not alone. The majority of Americans have debt, and paying it down is not easy. In fact, in a CBS News report on Moneywatch¸73% of Americans were reported to be in debt with an average total balance of $12,875. Around 68% of these individuals had credit card debt, followed by [...]
What’s the different between Debt Settlement vs Debt Consolidation?
Debt consolidation and debt settlement are two completely different strategies used by individuals to reduce current debt payments, and they can be used separately or together.
How To Reduce Debt When Your Credit is Poor (0-579)
If your credit score is between 0-579, you will not be eligible for personal loans or balance transfer credit cards. The minimum credit score for these products is typically 580. In the short-term, you will need to pay the current interest level of your loans. However, we can help you work with a strategy to [...]
How to reduce debt payments when your credit is OK (between 580-699)
How to reduce your debt when your credit is ok (580-699)
The Debt Avalance vs the Debt Snowball…which is better?
Four years ago, popular personal finance guru Dave Ramsey popularized the concept of the “Debt Snowball.” His recommendation was simple – rather than pay down the debt with the higher interest rate first, pay down the smallest debt first regardless of the interest. The idea is that you’ll give yourself some small wins in reducing […]
