Month: January 2017
How does getting out of debt affect your credit?
When you want to get out of debt, one of the questions you’re undoubtedly asking is, “what’s the best way to do this without ruining my credit?” Debt relief comes in many forms, and choosing the right one comes down to understanding how each one affects you in the long term. For example, if you
Bankruptcies, foreclosures at all-time lows in Tennessee
Bankruptcies have fallen to a 10-year low in Tennessee, but the state still leads the nation in bankruptcy overall. A Jan. 15 report states that Chattanooga saw the lowest number of bankruptcies in over a decade while local foreclosures also hit the lowest numbers since 2000. Despite this, Tennessee still leads the country for the
How can you pay back loans for medical school?
If you need to repay student loans, they can seem insurmountable. The cost of medical school is hundreds of thousands of dollars, and most students have around $183,000 in debt when they graduate, as of 2015. What can you do to decrease this debt, as well as any debts you have from undergrad? First, consider
These tips can help you get out of debt in 2017
It’s 2017, and that means it’s time to look at your credit card debt once again. The start of a new year is a good time to look into your budget and how you can pay down debts that may have held you back in the past. Credit card debts aren’t cheap, and paying them
What’s good and bad about a Chapter 7 bankruptcy?
If you’re considering bankruptcy, you know that there are upsides and downsides to filing. A bankruptcy can give you a new start, but it can also impact your credit. Is it a good idea? Here are some pros and cons to consider. What are some benefits of Chapter 7 bankruptcy? A bankruptcy will stay on