Debt

If you have a friend or family member who wants to help you with debt from a college loan, medical bill, or just a bad credit card purchase, they can do so if they want to. The following are some of the options available to the friend or family member: Providing you with funds on […]

The debt does not expire or disappear in most states until you pay it off. Debts can appear on your credit record for up to seven years under the Fair Credit Reporting Act, and in some situations, even longer. If you are sued for a debt that is too old, you may be able to

Student loans effect your credit in the same way that other loans do: pay on time and your credit will improve; pay late and your credit will suffer. Student loans, on the other hand, may provide you more time to pay before being reported late. Can student debt impact your credibility yes or no? Student

If you have named a beneficiary in your will for the property, they will inherit it when you pass away. They will also inherit any debts associated with it. As a result, if you haven’t paid off your mortgage, the beneficiary will be responsible for it. In Australia, mortgage debt is common, with an average

If you don’t pay your credit card account on time, you’ll be charged late penalties, your interest rate will rise, and your credit score will suffer. If you keep missing payments, your card may be stopped, your debt may be transferred to a collection agency, and the debt collector may sue you and garnish your

If you’ve ever wondered how to get more credit card rewards, you may have questioned yourself, “How can I get more credit card rewards?” “Is it possible to pay for a credit card with a credit card?” The quick answer is no, at least not in the sense that you may think. Credit card issuers

After your bankruptcy has been discharged, you are unable to reaffirm any debts. Any reaffirmation must take place before the discharge is granted, according to bankruptcy law. Furthermore, the sole reason to reaffirm is to get the mortgage company to record your current payments to the credit bureaus. Can you file a reaffirmation agreement after

In general, it is better for your credit to pay off the complete amount of debt you owe. A “paid in whole” account on your credit report indicates to potential lenders that you have met your commitments as agreed and paid the creditor the full amount owing. When accounts are closed in good standing, they

According to the lawsuit, Freedom Debt Relief defrauded customers by offering to settle their debts but failing to do so. More charges from the complaint are as follows: The company claimed to deal with creditors, however the service required the consumer to settle their own obligations. It misleads clients about the costs it charges. Consumers

A: You can take money out of your Roth IRA to pay off debt. However, taking money set aside for retirement is rarely a wise decision. Because you’ve previously paid taxes on the money, IRS laws allow you to withdraw contributions from a Roth IRA without incurring a penalty. Can an IRA be used to