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Understanding the Effects of Missed Payments

Posted on September 7, 2018 by | Meghan Alard (7-minute read)

If you have credit cards, the impact of missed payments can be massive. Here’s what you can expect for budget and credit if you miss a credit card payment.

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Are Store Credit Cards Bad?

Posted on June 18, 2018 by | April Lewis-Parks (4-minute read)

A new trend in increased credit card delinquencies on store credit cards reveals two good reasons why you might want to think twice before opening a in-store credit card. Consolidated Credit explains how to decide if store credit cards are a bad idea for your finances.

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Is There a Tie between Student Loans and Credit Health?

Posted on May 18, 2018 by | April Lewis-Parks (4-minute read)

Is there are correlation between student loans and credit health? A new FICO study suggests that although student loan borrowers don’t always have bad credit scores, having student loans may make overcoming financial challenges much harder.

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Dealing with Medical Debt Collections and Accident Liens

Posted on March 26, 2018 by | Meghan Alard (3-minute read)

If you took a trip to the emergency room after an accident, you might be surprised to learn you have a lien that gives the hospital a right to part of any claim you receive. It’s one way hospitals ensure they collect on your medical bills. We explain how to get out of medical debt collections.

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Are Student Loan Debt Problems Holding You Back?

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

The new Federal Reserve Chairman Jerome Powell admits that student loan debt problems hold Americans back and could slow down economic growth. Learn how outstanding student loans can hurt your credit and what solutions you can use to fix your financial situation.

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Past Due Debt Payments at an All-Time High

Posted on March 2, 2018 by | Meghan Alard (3-minute read)

A new report finds that American consumers are breaking records with past due debt payments, while businesses are managing to keep up. If the economy is strong, then why are some many families facing collection accounts and credit damage?

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Delinquent Cars and Credit Cards

Posted on February 20, 2017 by | Meghan Alard (3-minute read)

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.

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