What You Should Know

Several years ago, the American Journal of Medicine released a shocking study which revealed that more than 62% of all bankruptcies filed in the United States had medical debt as a major cause.  It also showed the number of people filing for bankruptcy because of medical debts increased by almost 50% in just six years. Over the years, big credit…

It’s a myth.  If you think you must be three payments or more past due on your mortgage to be in danger of foreclosure, it’s simply not true.  Foreclosure is usually filed for one purpose and one purpose only; since you’re not making payments, the lender wants you out of your home so they can sell it at a public…

With the current state of our economy and with the prospect of full time employment and higher wages tending to stagnate, many people have had to rely on credit cards to try to make ends meet. But, with that additional demand for credit, credit card companies have increased interest rates and added penalties, costs, fees and accelerated due dates. These…