Credit Trends: When Will Foreclosure Levels Start to Fall?By Janet Dedrick The apple falling on Sir Isaac Newton’s head—true or not—shaped modern physics and our understanding of the universe. Can it help us understand the foreclosure market? What goes up must come down. The higher…
Consumers Need to Limit Debt Because Creditors Won’t Do It For You Adapted from The 10 Commandments of Money by Liz Weston Compared to previous generations, we have a lot more debt—and a lot more trouble paying that debt. By every measure, from household debt…
How to Pay Off Debt Faster and Prioritize Your Debt Did you join David Bach last month in his Facebook Live Chat? David shared some great advice about how to become “Debt Free for Life,” how to pay off debt faster, and how to prioritize…
Credit Trends: Tipping Point of Debt in the Great Recession By Janet Dedrick A resounding theme of the Great Recession has been the U.S. consumer deleveraging his debt. Outstanding balanceson all major loan types have declined during this economic cycle that began at the end…
How to Talk To Your Partner About Debt By Liz Weston Adapted from The 10 Commandments of Money by Liz Weston Here’s a profoundly unromantic idea for a date: sit together at a computer and review your credit reports. I know a lot of people…
Living Paycheck to Paycheck—How Can You Save? Mechel Glass, CredAbility.org It’s not impossible to save while living paycheck to paycheck, but you must be willing to sacrifice. I often teach classes about budgeting and saving to people with full-time jobs who, unfortunately, are living paycheck…