The Financial Counseling Association of America
By Ann Carrns
July 5, 2019
Even with a strong economy, a growing number of people are having trouble paying their credit card bills.
Late credit card payments, while still low, have been ticking upward for the past two years, the Federal Reserve Bank of New York reported in May. Card delinquencies have been rising for borrowers under 30, in particular, but also for borrowers in their 60s, the New York Fed said.
We all know we’re supposed to pay our bills on time. But even the most responsible folks can somehow miss a payment. Addresses change, memories lapse and sometimes hard times hit.
Here’s what prospective students should consider before borrowing money to pay for college.
June 5th 2019, By Cody Cobb
If you’re getting ready to apply to college and don’t have the funds to pay for your entire education, you might think that taking out student loans is a necessary evil.
by Casey Hynes in Lending Tree
Out-of-control debt has a way of taking over your life. High interest rates can cause your balances to climb higher each month, and the higher balances hurt your credit score, making it more difficult to obtain financing for important household expenses or personal needs. As the debt grows, so does your stress.
Fortunately, there are options for regaining control of your finances. Debt management and debt settlement programs can help you work with creditors to pay off your debts or pay a lump sum that is less than what you owe but still closes the account.
By Tracy East, Consumer Education Services Inc.
Striving to eat the right foods and maintain a healthier lifestyle are goals that many people set for themselves. Low Cost Healthy Foods are in high demand for those who want to feel and look their best, but shopping for “the right” foods can seem daunting. With the heavily advertised “superfoods” and high-end health food stores that are everywhere today, retaining great nutrition may seem unattainable on a budget. Fortunately, the idea that you have to spend a lot of money to be healthy is a misconception. You can find an abundance of low cost healthy foods at any neighborhood grocery store. The foods listed below are not only simple to prepare, but also excellent for your body–and your bank account. [Read more…] about Low Cost Healthy Foods Are Easier Than You Think
By Sarah Hall, Consumer Education Services Inc.
If you’re never quite sure how much money you’ll pull in from week to week, you have plenty of company. Learning to budget without a steady paycheck is a challenge that a lot of people experience. [Read more…] about How to Budget Without a Steady Paycheck