Category Archives: Debt

11 Simple Steps in Filing for Bankruptcy

11 Simple Steps in Filing for Bankruptcy

So, you’ve assessed your finances and decided that filing for bankruptcy is your best option? If this is your decision, then I hope this article will help you in filing for bankruptcy.

Before that, I want to emphasize two things:

  1. There is no shame in filing for bankruptcy. Bankruptcy is not just for the middle and lower class. In fact, many rich people and even large companies file for bankruptcy.
  2. You don’t need to fear bankruptcy. Bankruptcy will not destroy your financial future (this is our common misconception). In fact, it is designed to help people get out of debt they can’t carry and get a financial fresh start.

I am telling these to let you know that you don’t need to carry a heavy heart when making this decision. Bankruptcy is not as bad as you think. Again, its main purpose is to help those who cannot get out of their debts anymore. Bankruptcy will give you a fresh start after you’ve undergone its process.

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Advice for Improving Your Credit Score

Advice for Improving Your Credit Score

Your credit score is an important part of your financial profile and is something banks and other financial institutions take a look at before agreeing to lend you money. Your score is determined by the two major credit bureaus Equifax and TransUnion by using financial information in your file. A low score can make life… Continue Reading

How to Securely Cancel a Credit Card

How to Securely Cancel a Credit Card

Do you want to cancel your credit card? Afraid it will affect your credit score? In this post, I have shared a few ways to securely cancel your credit card. The decision to cancel a credit card is always welcomed by financial advisors. Most often, people cancel their credit cards either because they have too… Continue Reading

The 5 Best Credit Cards of 2019

The 5 Best Credit Cards of 2019

Are you finally ready to get a credit card? If you feel confident about paying off your credit card bills on time, getting a new credit card in 2019 can be a fantastic deal. You can buy the things you always wanted, travel to exotic destinations and get rewarded in points/miles for doing so. Keep… Continue Reading