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Expert debt advice that helps you take control of your financial world.

Use our expert debt advice to find the help you need Managing debt is an essential skill for financial stability. But with record-levels of consumer debt in the U.S. many households struggle to stay ahead of their obligations. Consolidated Credit’s certified team of experts specializes in understanding today’s financial landscape so we can help people navigate it effectively.

The articles in this section tackle today’s biggest debt challenges, offering advice for how to get ahead. We offer practical debt advice for home, auto, student loans and (of course) high interest rate credit cards. If you need to find debt relief, visit Consolidated Credit’s Debt Solutions Guide.

Revolver vs. Transactor: What Kind of Credit User are You?

Posted on December 11, 2024 by | Meghan Alard (3-minute read)

We compare the credit habits of revolver vs transactor cardholders so you can see the difference and choose the right credit management strategy for you.

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The Student Loan Crisis Is Worse than You Think

Posted on October 2, 2023 by | April Lewis-Parks (4-minute read)

Federal student loans payments resume this October. The result will likely hurt individual borrowers and the greater economy as a whole.

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Understanding Common Credit Card Fees

Posted on December 22, 2021 by | Meghan Alard (9-minute read)

Rules and regulations concerning common credit card fees are constantly changing. Stay up-to-date on the latest fee news and choose your cards wisely.

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U.S. Consumer Debt Breaks Records in the Pandemic Aftermath

Posted on November 23, 2021 by | April Lewis-Parks (6-minute read)

Consumer debt has risen to record levels, fueled by mortgages and credit cards. One of those is good debt, the other isn’t. Here’s what to do about it.

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Survey: Consolidated Credit Clients are Financially Surviving the Pandemic

Posted on December 31, 2020 by | April Lewis-Parks (3-minute read)

A survey finds that Consolidated Credit clients are more likely to be in a better financial position and more optimistic about 2021 money prospects.

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Americans May Face a Crisis with Past Due Debt

Posted on December 14, 2020 by | Meghan Alard (4-minute read)

Experts predict that credit card defaults and delinquencies will increase in 2021 once stimulus runs out. Here’s how to get ahead of past-due debt.

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Americans Adjust Their Credit Habits as a Result of the Pandemic

Posted on October 12, 2020 by | Meghan Alard (6-minute read)

Even as Americans focus on paying down revolving debt, millions are relying on credit cards to address income challenges during the pandemic.

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Experts Respond: How Should People Handle Debt after a Loss of Income?

Posted on May 11, 2020 by | April Lewis-Parks (25-minute read)

As millions of Americans try to deal with income losses amidst coronavirus shutdowns, we asked 21 experts for their tips on how people should handle debt.

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Consolidated Credit Establishes COVID-19 Financial Help Hotline

Posted on April 10, 2020 by | Meghan Alard (3-minute read)

Consolidated Credit has established a free COVID-19 debt hotline for consumers facing challenges during the shutdown. Call for 800-745-2513 for support.

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Overspending for Credit Card Rewards You Never Use

Posted on March 20, 2020 by | Meghan Alard (4-minute read)

Studies show that consumers use charge more to earn credit card rewards, but often never do anything with them. Find tips for refining your credit strategy.

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Student Loan Reform: Repaying Student Loans May Get Easier in 2020

Posted on January 23, 2020 by | Meghan Alard (7-minute read)

Get the latest updates on student loan reform proposals currently being debated on Capitol Hill. Will these provide student debt relief for millions of Americans?

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Hindsight is 2020: How to learn from money mistakes

Posted on January 7, 2020 by | April Lewis-Parks (16-minute read)

Even experts make money mistakes. Learn from our panel about money missteps and how you can learn from them and move forward.

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Veterans to Qualify Automatically for Permanent Disability Student Loan Forgiveness

Posted on August 23, 2019 by | Meghan Alard (5-minute read)

Veterans will now qualify automatically for permanent disability student loan forgiveness, as well as tax exemption on the discharged debt. Learn more here.

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What Happens When the Fed Lowers Interest Rates?

Posted on August 2, 2019 by | Meghan Alard (6-minute read)

When the Fed lower interest rates, it affects your ability to save and pay off debt. Learn what to do following the latest Federal Reserve announcement.

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Is Your Debt-to-Income Ratio Telling You It’s Time to Get Debt Help?

Posted on July 8, 2019 by | April Lewis-Parks (4-minute read)

Debt-to-income ratio is a tool that lenders use to assess your debt, but it can also clue you into knowing when it’s time to get debt help. Learn how here.

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Consumer Credit Card Debt Breaks Records… Again.

Posted on March 19, 2019 by | Meghan Alard (6-minute read)

It’s official. Consumers ended 2018 with a record $870 billion in credit card debt. If you have high balances to pay, Consolidated Credit has some advice.

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A Snapshot of Credit Card Debt by State in 2019

Posted on February 15, 2019 by | April Lewis-Parks (4-minute read)

Total debt and the number of delinquent accounts are both climbing. We look at average credit card debt by state and offer tips to eliminate debt.

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5 Good Reasons to Call Your Credit Card Company

Posted on December 19, 2018 by | Meghan Alard (5-minute read)

A credit card company wants your business, so they’re usually willing to give you certain money-saving perks for sticking with them. Learn how you can turn customer loyalty into more credit card rewards, cut annual fees and lower interest rates.

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What to Do If You Receive an Unexpected Emergency Room Bill

Posted on December 10, 2018 by | Meghan Alard (5-minute read)

If you go to an in-network ER, but you get treated by an out-of-network ER doctor, it can lead to major unexpected emergency room bills for you to cover.

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Two Major Creditors Scale Back on Customer Credit Card Limits

Posted on November 12, 2018 by | Meghan Alard (9-minute read)

Credit card companies set credit card limits based on your score, but your credit limit may also change for other reasons. Here’s what you need to know.

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Going into Debt After a Cancer Diagnosis

Posted on November 5, 2018 by | April Lewis-Parks (4-minute read)

If you went into debt after a cancer diagnosis, you’re not alone. Learn about debt relief options so you can regain control and focus on your health.

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Millennials’ Biggest Source of Debt Might Surprise You

Posted on October 5, 2018 by | April Lewis-Parks (4-minute read)

You might think that most Millennials struggle the most with student loans, but a new study reveals that their biggest source of debt is credit cards.

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How to Avoid Having an Application for Student Loan Forgiveness Denied

Posted on September 28, 2018 by | Meghan Alard (5-minute read)

99% of borrowers that applied for Public Service Loan Forgiveness have had their loan forgiveness denied. We explain how to ensure your PSLF is approved.

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Are You on a Yo-Yo Diet of Debt Repayment?

Posted on September 14, 2018 by | Meghan Alard (3-minute read)

Americans paid off $40.6 billion of debt in the first quarter but added $30 billion back in the next. Are you on a yo-yo diet of credit card debt repayment?

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