Bankruptcy is not necessarily the consequence of poor spending. You can get into debt because of an unexpected situation, such as an illness. Medical debt is one of the leading reasons people declare bankruptcy. This guide discusses how illness contributes to...
Month: August 2023
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Why credit card debt can keep people trapped for years
For most modern households, credit cards are a financial necessity. Individuals never know when they might need to repair their vehicle or buy supplies for a school project. Credit cards provide financial flexibility by allowing individuals to spend money before they...
2 things that might happen if you ignore your debts
You might want to realign your viewpoint if you think you are one of only a few struggling with overdue debt. In reality, about millions of other Americans are in a similar situation. To those who lack the resources to pay their debt, it is tempting to ignore the...