Debt's posts - English uPOST

Make Debt 'Relief' Your Last Resort Make Debt 'Relief' Your Last Resort

Should you trust a debt relief company? That’s what we’re looking at this week.

Your Credit Card Debt Is Worse Than Your Mortgage Debt Your Credit Card Debt Is Worse Than Your Mortgage Debt

A mix of credit types is a boon to your score—10 percent of credit score is determined based on the types of credit lines you have open.

Is It OK to Splurge on Something Frivolous When You Have Debt to Pay Off? Is It OK to Splurge on Something Frivolous When You Have Debt to Pay Off?

Should you put all of your discretionary money toward paying off your debt, or is it OK to splurge on something you’ve been eyeing? That’s what we’re discussing this week.

Know Your Rights With Debt Collectors Know Your Rights With Debt Collectors

When debt collectors come calling, they may try any number of tactics to get you to pay your debt. Some are perfectly legal, while others fall into a gray area or outright harassment. Here’s what you need to know.

Your College's Recommended Student Loan Payment Option Could Put You Even Further in Debt Your College's Recommended Student Loan Payment Option Could Put You Even Further in Debt

Student loan repayment options pushed by colleges could be doubling or even tripling the amount borrowers owe, according to a report from CNBC.

What Happens to Your Debts When You Die What Happens to Your Debts When You Die

Of the many downsides of death you could name, you might think an upside is that you no longer have to worry about the massive pile of debt you’ve accumulated over your life—almost $62,000, on average, according to a 2017 report from Credit.com—from astronomical health care bills to the mortgage on the house you…

Pay Off Your Credit Card Debt With the Help of the Savings App Digit  Pay Off Your Credit Card Debt With the Help of the Savings App Digit 

The savings app Digit is upping its offerings by adding a new feature to help users make progress in paying down credit card debt.

How Student Loans Affect Your Credit Score How Student Loans Affect Your Credit Score

I won’t pretend paying off student loans is a positive financial experience, but there is a tiny bit of good news for borrowers: If you pay your bill on time every month, you’ll see a steady increase in your credit score. As you’re well aware, you’ll be paying your student loans for a long time, and an important part…

Here's What's Going on With the Public Service Loan Forgiveness Program Here's What's Going on With the Public Service Loan Forgiveness Program

Yesterday we touched on basic qualifications for the Public Service Loan Forgiveness program and the need for more federal oversight of student loan servicing companies, but I received a number of questions on the general state of the program, like the following from chonkeyhong:

What Is 'Good' Debt? What Is 'Good' Debt?

Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at alicia.adamczyk@lifehacker.com.

The Money Questions You Should Be Able to Answer The Money Questions You Should Be Able to Answer

Americans are really stressed out about money. That’s understandable: Savings are low, expenses are high, we’re taking on increasing amounts of debt and some days it seems like we’ll just never make enough money to retire or take that vacation we’ve been dreaming of.

When to Consider a Balance Transfer When to Consider a Balance Transfer

Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at alicia.adamczyk@lifehacker.com.

Should You Put Your Tax Refund Toward Your Car Loan or Retirement? Should You Put Your Tax Refund Toward Your Car Loan or Retirement?

Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at alicia.adamczyk@lifehacker.com.

Why Your Debt to Income Ratio Matters, and How to Find It Why Your Debt to Income Ratio Matters, and How to Find It

Your credit score matters (especially if it’s low), but it’s not the only number that you should care about when it comes to your money. If you’re paying off debt, for example, you want to be aware of something called your debt to income ratio. It doesn’t just affect your ability to get loans; it’s also just a good…

How to Pay Off Student Loan Debt While Still Saving and Investing How to Pay Off Student Loan Debt While Still Saving and Investing

You’ve got questions, we’ve got answers. Each Monday we’ll tackle one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at…

Beware Those Sketchy Loans Advertised on Instagram Beware Those Sketchy Loans Advertised on Instagram

We’ve warned readers before about new, slick credit companies like Affirm, which want to replace credit cards with on-the-spot loans integrated right into online purchase pages. For all their talk of helping consumers, these companies aren’t much more than friendly loan sharks, re-branded to offer a “premium…

Debitize Connects Your Credit Card to Your Bank Account So You Can Earn Rewards Responsibly Debitize Connects Your Credit Card to Your Bank Account So You Can Earn Rewards Responsibly

There are benefits to using your credit card over a debit card, but budgeting with a credit card can be trouble. One splurge or miscalculation and you could end up revolving your debt—not a smart move. Debitize, available for Web/ioS, lets you earn rewards without that risk.

Don’t Fall for Loan Sharks Just Because They Have Hip Branding Don’t Fall for Loan Sharks Just Because They Have Hip Branding

We all know lenders, loan sharks, and credit cards profit when you go into debt and, therefore, they can be dangerous. But many of these companies conceal their danger with clever marketing. Beware: consumer debt by any other branding can be just as dangerous.

Watch Out for Penalty APRs If You Miss a Credit Card Payment Watch Out for Penalty APRs If You Miss a Credit Card Payment

It seems credit card companies are always coming up with creative ways to gouge their customers. Everyone knows you have to pay a late fee if you skip a credit card payment, but some credit card companies will also throw a “penalty APR” at you.

The Problem With “Get Out of Debt Quick” Stories The Problem With “Get Out of Debt Quick” Stories

You’ve seen them. Those sensational online profiles of people who accomplished massive goals that most of us can only dream of in a ridiculous amount of time. How This 30-Year Old Quit His Job and Became a Millionaire or How This Millennial Bought a Home in NYC on a $30k salary or How This Couple Paid off $200,000…

More Debt's posts »

Language