Don’t Get Caught by a Deficiency Judgment
You might think repossession and foreclosure are the end of the trouble once you default, but you don’t get caught unaware by a deficiency judgment.
Read full article
Meghan Alard
The Negative Equity Auto Loan Crisis
Negative equity auto loan levels hit record highs. Are longer auto terms getting consumers with subprime credit into more trouble than they’re worth?
Read full article
Don’t be Fooled by Deferred Interest!
Deferred interest promotions offer great advantages when you buy, but people often get blindsided by higher costs once the promotion period ends.
Read full article
How Do You Decide Which Debt to Pay First?
A new study finds people will stop paying their mortgage before an auto loan or even personal loans. So, how should you decide which debt to pay first?
Read full article
Research of the Week: Millennial Home Improvement Bucks Tradition
America’s youngest homeowners balk at traditional financing sources. Are Millennial home improvement plans less effective due to lack of financing?
Read full article
16 Million Americans have Negative Net Worth
A new study finds more Americans are living with negative net worth, and surprisingly enough it’s not being caused by high interest rate credit card debt.
Read full article
Fannie Mae Student Loan Solutions Offer Path to Homeownership
If you want to buy a home, but student loan debt is holding you back, these new Fannie Mae student loan payment options may help you achieve homeownership.
Read full article
Are You Looking at the Right Consumer Credit Score?
A new $3 million CFPB penalty against Experian reveals the difference between a consumer credit score that lenders use and your “educational” score.
Read full article
Student Loan Default Now Even Worse for Your Finances
The Department of Education just changed the rules on student loan late fees. Just one student loan default could cost you significantly more now.
Read full article
Is There Deception Hidden in Your Auto Loan?
A study predicts deception in auto loans may lead to increased default rates this year. Is your car loan hiding auto loan fraud committed by the dealer?
Read full article
Vault 7 Reveals Mobile Pay Security Risks
Vault 7 was intended to show the ability of government agencies to spy on us, but it also reveals the high security risk of using mobile payments.
Read full article
Are You and Your Neighbors Financially Literate?
April is Financial Literacy Month! We look at the most and least financially literate consumers across the nation. How does your state rank?
Read full article
Statute of Limitations on Debt
Arizona increased the statute of limitation on debt collections for credit card debt. Learn about the debt clock and when it starts where you live.
Read full article
Identity Theft Adapts around Smart Cards
As identity theft adapts to get around Smart Chip technology in your credit cards, you need to evolve your identity theft protection measures as well.
Read full article
Delinquent Cars and Credit Cards
A new report shows an increase in the number of delinquent auto loans and credit cards. We explain what delinquent debt is and how you can overcome it.
Read full article
Feeling Debt Shy?
A new survey consumers are feeling debt shy and don’t intend to take on new debt this year as a result. Here’s what to do about the debt you already have.
Read full article
Seniors’ Student Debt Burden
A new report finds seniors’ student debt burden has more than doubled in the past decade. We explain what seniors can do to eliminate student debt.
Read full article
Do You Live Where It’s Easy to Repay Debt?
Where you live can have a serious impact on your ability to repay debt. Is cost of living a factor that’s keeping you from achieving freedom from debt?
Read full article
Will You Live to Be Debt Free?
A new survey finds Americans are optimistic that they will live to be debt free, but savings often takes a back seat to that goal. Here is what you can do.
Read full article
Feeling the Threat of Debt Collectors
A new report finds one in four consumers felt threatened during a collection call. Here’s what you can do to avoid the threat of debt collectors.
Read full article
Research of the Week: How America Prefers to Make Payments
Although debit cards are used more often, credit cards cover more total cost. Consolidated Credit offers tips to maintain a balanced budget free of debt.
Read full article
BadCredit.org Recommends Consolidated Credit
BadCredit.org has officially recognized Consolidated Credit as the right nonprofit credit counseling agency for consumers who are facing debt problems.
Read full article
Financial Literacy Fail
A new report reveals a major financial literacy fail across the U.S. – consumers don’t have the financial knowledge they need to achieve stability.
Read full article
Upside Down Auto Industry
A record number of car buyers are coming to the lot with upside down auto trade-ins, meaning they actually owe money on the old vehicle when they upgrade.
Read full article
