Seriously, how long will it take for my credit to recover from a repossession? Repossession of a vehicle is a legal process where a bank or other lender can regain possession of your vehicle. Vehicle repo laws differ state by state, but your vehicle purchase contract should include all the…
There's how much debt you have, and there's the real cost of debt. Do you know the real cost of debt? Or, more specifically, do you know what it costs to be in debt? Most people can’t answer this question accurately. You may think you know how much your debt…
What is credit card debt? Americans have several different types of debt, beyond credit card debt, which includes mortgages, auto loans, and student loans. All are totaling up to an average debt per household of $132,529. Besides standard credit card debt, like an everyday credit card, consumer finance accounts also…
Being debt free doesn’t always mean having no debt. For most of us, debt is inescapable. It’s the sole reason why we can move into the house of our dreams, or rev up the operations of our own business. However, debt is often an angel in disguise; it can provide…
