Debt

Many of us have been told that in order to make money, you must first spend it. However, there is little question that people spend more when they have more money in their bank accounts. There is an average of $90,460 in debt in America, according to a CNBC article from 2021. Credit cards, personal […]

Secured or unsecured debt are the two types of loans available. A secured loan, on the other hand, is one that is backed by a tangible asset, such as a house. A portion of your home will be leased to the bank until you pay off your mortgage. Equity refers to the ownership stake you

The federal debt of the United States will be $28.43 trillion by the year 2021. How did we end up with a government debt of $28.43 trillion? When the United States has a deficit, the government takes on additional debt to finance most of the deficit spending. Who does the government owe money to? Debt

This is a measure of how much the federal government owes to its creditors, the national debt level of the United States The term “national debt” refers to the total amount of federal debt held by the general public, rather than the total amount of debt held by the government. The national debt continues to

In most circumstances, debt is finally removed from your credit report. According to CreditCards.com Canada, Equifax and TransUnion only preserve records of unpaid amounts for six to seven years from the date of the last payment or default. Gowling, however, argued that there is nothing to stop a collection firm from re-reporting neglected debts to

The purpose of a debt collector’s calls is not to irritate, abuse, or harass you or anybody else with whom the number is shared. On November 30, 2021, the CFPB’s Debt Collection Rule, which clarifies the sections of the Fair Debt Collection Practices Act (FDCPA), went into effect. Can a debt collector call you multiple

The average medical school debt and earnings for graduates across the country are shown in the following table: Before deciding to go to medical school, you should be aware of the total expense. With this information, you’ll be able to make wise financial decisions. Accruing interest on a large student loan balance could result in

A voice of knowledge and reassurance can make all the difference in a time of worry. With more than 30 years in the consumer finance sector under her belt, Beverly Anderson of Equifax is here to help you with any issues you may have. On Equifax’s Facebook page, you can post a question for Bev

A voice of knowledge and reassurance can make all the difference in a time of worry. Equifax’s President of Global Consumer Solutions, Beverly Anderson, responds to your inquiries using her extensive knowledge of consumer finance. On Equifax’s Facebook page, you can post a question for Bev to answer. Bev is sorry she can’t respond to

In most circumstances, debt is finally removed from your credit report. According to CreditCards.com Canada, Equifax and TransUnion only maintain track of past-due accounts for six to seven years from the date of the last payment or default. Gowling, however, argued that there is nothing to stop a collection firm from re-reporting neglected debts to