Category: Debt Relief

New rule could be harmful to consumers

Currently, debt collectors in New York and throughout the country are forbidden from contacting debtors by email or through text messages. However, the Consumer Financial ...

Should you use a personal loan to consolidate debt?

If you have outstanding credit card debt, wish to lower your interest rates and simplify your monthly repayment obligations, you may consider taking out a ...

What is the Fair Debt Collection Practices Act?

New York residents like you may get into situations in which you end up struggling with debt. There are numerous different reasons that backslides into ...

New Yorkers carry a high burden of student debt

For individuals in their 20s and 30s, student loan debt continues to affect overall financial well-being. Until at least very recently, recent trends show student ...

Tips for paying down medical bills

Research published in 2019 found that 66.5% of personal bankruptcies filed in New York and elsewhere that year were related to medical debt. According to ...

What do you know about the psychological impact of debt?

As a resident of New York who owns property, the term “home equity” has likely come up multiple times. Understanding home equity and how to use ...

What are some tips for paying down my credit card debt?

It is difficult to face credit card bills that keep stacking up. If you find yourself overloaded with credit card debt, it is possible to ...

Which debts should you pay first?

New York residents who fall into debt often have a long road ahead of them to get back out. Paying off debts sometimes feels like ...

Unmanageable debt may cause PTSD-like symptoms

Whether you have considerable consumer debt, outstanding medical bills, student loans or any other financial obligation you cannot meet, you likely know how stressful debt ...

Is this debt relief company a scam?

An unfortunate fact of living in a big city is higher crime rates. When you think of crime in New York, violence might most often ...