Getting out of debt can be a tricky proposition. There are a number of programs that purport to help work through your debt issues, but you need to be careful. While some can provide needed assistance, others are little more than scams. One of the distinctions you should make when deciding what debt plan to go with is that between debt management and debt settlement. It is important to note that your mortgage obligation is usually not included in these types of arrangements.>>> [Read More]
Tag Archive: debt
Why Closing a Credit Card Account Can Affect Your Credit Score
When people pay off debt, many of them rush to close credit card accounts. Indeed, the process can be quite therapeutic. You pay off a credit card, and, to celebrate your freedom from the chains of the debt (and being on the wrong side of compound interest), you cut up the card and cancel the account.>>> [Read More]
3 Things to Ask Yourself When You Refinance
One of my financial New Year’s resolutions this year is to refinance my home while mortgage interest rates are relatively low.>>> [Read More]
New Year Financial Resolution: Refinance
Mortgage rates are still near historic lows, and that can mean that you might be able to refinance to a lower rate — and lower your home mortgage payment.
