Understanding Types of Debt: Credit Cards, Loans, and Mortgages Explained

Did you know the average American household carries over $6,000 in credit card debt? (Source) Between credit cards, loans, and mortgages. (Want to know What is Consumer Debt?) Figuring out which debts help and which debts hurt can feel overwhelming. Some debt helps you build wealth, while others are designed to trap you in an …

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🗓️ The Debt Payoff Calendar: Your New Best Friend for Crushing Debt (Free Template Included!) 💸

Ever feel like your debt is some kind of evil villain, laughing as you throw money at it every month? 😅 Yeah, me too—been there, done that. But here’s the thing: A debt payoff calendar could be the game-changer you need. This simple, step-by-step debt repayment tool helps you get out of debt faster by …

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Do we qualify for debt assistance if we are not completely broke and have made all our payment on time? – Shannb

“Dear Steve, My husband has been self employed for 15 years as a builder and other among other things. For the past year he has just been an investor in the stock market. Building has not been a good trade for a while. We have taken a large loss and have high debt. The debt …

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Crystal is on a Fixed Income But Wants to Get Her Credit Cards Paid

“Dear Steve, I am currently on fixed income of about $657 amonth. My income comes from SSI and Social Security disability. I have a couple school loans and several past medical and credit card bills that I want to get paid off. Tell me what I can do to get my credit cards and all …

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The Perfect Debt Assistance Program

I can dream, can’t I? If I could get a wish for debtors it would be to wave a wand and implement this perfect debt assistance or debt relief program. Here is what the program would look like. A Sliding Scale Nominal Charge – Consumers would have to pay a sliding scale setup fee. It …

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