If you are looking for temporary relief, you must first contact your provider to discuss an agreement. Skipping payments without an agreement in place could result in a negative impact to your credit score. There are many companies that are coming together to provide support to all consumers during this time with late-payment forgiveness, suspending
We have compiled a list of ways to help maximize your available cash and credit during this time and prepare for emergency expenses. Tactics to consider stabilizing your near-term needs include: Ask your card issuer, bank or lender about temporary relief. One of the most effective moves you can make is to call the customer
After a long period of deleveraging following the Great Recession, total household debt in the U.S. rose again in the second quarter of 2018, continuing its 16-quarter growth spree. As of June 2018, total household debt stood at $13.29 trillion, an $82 billion increase over the previous quarter and a $618 billion increase over
At the national level, Americans are incurring more and more debt. Recent data from the New York Fed indicates that household debt reached a new high in the fourth quarter of 2017, standing at $13.15 trillion. This represents a 1.5% increase from the previous quarter and a 17.9% increase from the most recent low in
As of the fourth quarter of 2017, total student loan debt in the U.S. hit a record high of $1.38 trillion, up 152% over the past 10 years. For reference, total household debt only grew 6% over that same time period, according to data from The New York Fed. Outside of mortgages, student loans are
All it takes is a single bad tooth to wreck months of careful budgeting. Suddenly you’re facing a big dental bill and you need to come up with the money, or a plan, ASAP. Find out how a dental savings plan can help you save money on dental care.