5 Characteristics of People Who Live Debt-Free
If you are swimming in debt, and it is affecting your life in a negative way, it is easy to become frustrated and confused by the myriad options for debt relief. A New You can negotiate with your creditors and help you to reduce the amount you have to pay back. We are...
Can I Use Credit Cards to Help Build My Credit Score?
Your credit score is one of those things in life that is often neglected but can have a major impact on how you live your life. Since it isn’t always front and center, and you need to take action to find out the number, it’s easy to let it slide. Of course, the...
How a Debt Relief Plan Helps You Clear Your Mind and Focus on the Future
One of the primary issues related to carrying a large personal debt load is the inability to think clearly. When the stress of debt takes control, it can be difficult to maintain focus on your professional life, your personal relationships and anything else that...
3 Reasons You Shouldn’t Accept Every Credit Offer that Comes Your Way
Financial institutions, banks, and credit card companies all make money off consumer credit, so it’s no surprise that there are times when your mailbox is bombarded with unsolicited credit offers. Not only that, but it’s also common to go shopping at your favorite...
Why You Should Teach Your Kids About Interest Rates Before They Move Out
Interest rates can have a huge impact on your life—both as a borrower who gets hit with it and as a lender who can earn it. Teaching your kids about money and interest is something you should do from a young age. After all, even a young child can be affected by the...
The Considerable Benefits of Paying More than the Monthly Minimum on Your Credit Cards
Credit cards are a convenience for people; they allow us to have what we want with just one swipe or signature, and we don’t see the bill until the end of the month. Generally, most people don’t pay off their credit cards entirely and carry a balance, a balance that...
Considering a Major Purchase? Discover How Your Credit Score Plays a Vital Role
If money makes the world go around, then it is the world of credit that gives the Earth its’ spin. But what is credit and how do we acquire it? Credit in and of itself is an abstract term created by the financial industry to help consumers make major purchases on time...
Health Conditions Associated with Carrying Heavy Debt
Debt isn't just a financial burden that people have, and carrying a lot of debt can actually cause and exacerbate both physical and emotional health conditions. Most of the ways that debt can affect health are in terms of mental health—including causing stress,...
The Truth About Minimum Payments
Every month when your credit card statement arrives, it shows what your minimum payment for that month must be. The minimum payment amount varies from one credit card to another, but it generally ranges somewhere between 2% and 6% of the total amount owing. People...
How to Know if Debt Resolution Is the Answer You Need
The term debt resolution isn't difficult to understand, but it actually refers to a variety of different debt options. No one single resolution option works for everybody, and different financial states require different approaches. Knowing which one is right for you,...