Debt seems inevitable these days, but how you deal with it can make all the difference. We will discuss different types of debt, solutions and how to avoid getting stung in a debt trap.

Infographic: Diagnosing America’s Medical Debt

January 13, 2017

Medical debt is wreaking havoc on the financial health of many Americans. And it’s not only the uninsured. Which begs the question, “Why are insured Americans still struggling with bills?” This infographic explores how out-of-pocket health care costs have become a leading cause of America’s debt and credit problems and offers tips for finding relief.

Debt

How Althea Paid Off 20K In Credit Card Debt

November 4, 2016

There are numerous reasons why we may fall into problems with debt. For Althea, it was repairs to her floor and what she calls “material foolishness.” But regardless of the reason or reasons for her $20,000 credit card debt, Consolidated Credit helped her achieve freedom from debt.

Debt

When Physical Pain Leads to Financial Pain

August 19, 2016

Ilma had always suffered with back pains but her plans to exit the workforce came much sooner than expected. Blindsided, she was forced to leave the job she loved, which cut down her income. Without the regular paychecks, Ilma used credit cards to cover daily expenses like food. Burdened, she reached out to a company that had helped her niece get out of debt. Consolidated Credit helped Ilma too.

Debt

Infographic: Avoiding Olympic-Sized Debt

August 5, 2016

The Rio Summer Olympic games are here. While many will sit this one out for whatever reason or reasons, others will brave the Zika virus alarm to be there in person. But whether you’re traveling to Rio or watching the games from the comfort of your own home, it’s important to ‪‎budget‬ carefully to avoid overspending and‪ debt‬. Check out this Infographic by Consolidated Credit for what you need to know about enjoying this year’s games without busting your budget.

Debt

Gain financial success in spite of limited means

Debt Can Drive You Crazy

July 29, 2016

The stress and strain of debt can potentially ruin anyone’s mental health. As a mental health counselor, Paula sees people suffer emotionally all the time. Consumed with debt, she found herself suffering emotionally and reached out to a different company for help. But instead of helping her, they stole from her. Consolidated Credit achieved for Paula what the other company couldn’t – freedom from debt.

Debt

Consolidated Helped Mark C. avert 2nd Bankruptcy

July 15, 2016

Mark C. filed for bankruptcy in 2004. Fast forward to a couple years and Mark would find himself drowning in credit card debt. Adamant on not going down the bankruptcy route a second time, he opted for credit counseling and reached out to Consolidated Credit for help. See how the debt management program helped Mark avert bankruptcy and get a fresh start.

Debt

How second-hand clothes led to $32,000 in credit card debt

July 1, 2016

Esther D. grew up in a frugal household. She remembers the only time she got to wear ‘new’ clothes was on the first day of school. On other days Esther donned hand-me-downs from her older siblings – a memory she said led to $32,000 in credit card debt problem as an adult. Consolidated Credit helped her gain freedom from debt and regain control of her finances.

Debt

Have a dream wedding on a budget

The Perfect Wedding on a Budget – Economical and Elegant

June 29, 2016

Manhattan couples spend an average of $76,328 on weddings, while Long Islanders spend of $55,327. But you don’t have to spend a fortune to make your wedding day a memorable one. Here are a few tips you can use to make your wedding an elegant occasion to remember, without breaking the bank and starting your marriage in debt.

Debt, Lifestyle

Student Debt Infographic: High Costs Increase by Generation

June 17, 2016

These days the average college student graduates with an average of over $30,000 in student loans – much higher than the $450 your grandparents or parent paid to attend Yale in 1940. This week Visual News got wind of an Infographic Consolidated Credit created comparing generational debt and listed ours among the top 100 Best Education Infographics List. Check it out.

Debt

Distraction over Debt Almost Ends in Disaster

June 10, 2016

Debt problems can consume our thoughts and throw us off our focus. Susie can attest. Coming home from work one day, Susie was so distracted by her debt problems that she forgot to put the car in park before exiting. As her life flashed before her eyes, so did the bills, more bills. Consolidated Credit helped Susie regain focus and control of her finances.

Debt

Helping Veterans get ahead after serving

A Veteran at War with Debt

May 27, 2016

To mark Memorial Day Weekend, we’re featuring a profile of a Consolidated Credit client – an Iraq War Veteran who came home with PTSD to face serious problems with credit card debt. Veterans often struggle to get ahead after transitioning to civilian life. Here’s on Veteran’s story of triumph.

Debt

A debt consolidation loan consolidates credit card debt

DIY Thursdays: Using a Do-It-Yourself Debt Consolidation Loan

May 26, 2016

Using a personal loan to consolidate credit card debt gives you an easy do-it-yourself way to lower payments and reduce interest rates on high interest credit card debt. A Miss Money Bee writer walks you through her personal experience with a debt consolidation loan so you have a better idea of what to expect.

Debt

When Forced Early Retirement Ends in Debt Problems

April 8, 2016

We make plans but sometimes they do not align with that of the universe. Wanda can attest. She knew that she would someday have to leave workforce and planned on paying down her debt so she could live her retirement years debt free. But, she fell ill and had to make an exit before paying off her $50,000 debt. See how Consolidated Credit helped her achieve her goals.

Debt

When Compassion and Altruism Ends in Debt

March 10, 2016

Margaret’s giving heart meant she’d pull out a credit card any time a friend or family member needed a little help. But while this modern-day Mother Theresa helped loved ones get ahead, it also put her into serious debt. Here’s how she used credit counseling to regain control.

Debt

Your Child Could Be Heading Toward Financial Failure If…

April 15, 2014

Guest post by Gregg Murset. If you haven’t heard the famous stand-up comedy routine of Jeff Foxworthy I would suggest taking a few minutes to pull some one-liners up on the Internet before reading the rest of this piece. Foxworthy has worked extremely hard building a successful career by making jokes about real-life situations, as […]

Debt