Debt

What is Economic Abuse?
Economic abuse affects millions of Americans annually. We explain what economic abuse is and give examples that reveal the extent of this abuse in the US.
Best Way to Pay Off Credit Card Debt – Snowball, Avalanche, or Snowflake?
Credit card debt in the U.S. now topples over $1 trillion and the average credit card per household is over $8,000. While many of us endeavor to pay back our debt, some of us gain much more success than others. Why is that? Is there a correlation between debt reduction strategy and personality?
Can You Afford the Cost of Debt?
Another interest rate hike by the Federal Reserve means that the cost of debt for consumers just got higher again. WalletHub has revised their map of cities with the most and least sustainable credit card balances. Can you still afford to pay off your debt in a cost-effective way or do you need debt relief?
Infographic: Diagnosing America’s Medical Debt
Sick with medical debt? Find relief. This Infographic shows how out-of-pocket healthcare costs is causing problems for both insured and uninsured Americans.
When Physical Pain Leads to Financial Pain
When Ilma's back pain became too much to bear, she was forced to quit her job. With now no paycheck,she was forced to live off her credit cards.
Infographic: Avoiding Olympic-Sized Debt
The Summer Olympic games are here.While many will watch from their homes, others will travel to Rio. Budget‬ carefully to avoid Olympic-Sized Debt.
Distraction over Debt Almost Ends in Disaster

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.

23 Credit Cards Almost Cost Diane Her Marriage
Money problems caused by credit cards are a leading causes of divorce. Consolidated Credit helped Diane regain control of both her debt and marriage.
Client Profile: Donna G.

The holiday shopping season is in full swing. As you go about getting presents for loved ones, remember to stay on budget or you will end up with a debt hangover come next year. We helped our client Donna get out of credit card debt and now she’s banned her husband from spending thousands on Christmas […]

10 tips for dealing with debt collectors, collection

By Fred O. Williams It’s something most consumers dread — a debt collector calling to ask about an unpaid credit card debt, past due student loan or medical debt. Consumer credit counselors, debt collectors and state regulators all agree that ignoring debt collectors’ letters and phone calls is a bad idea. Deal with it, they […]

Learn on to Better Manage Your Money during National Financial Wellness Month

What better time to tackle your holiday debt than to start taking a more proactive role during National Financial Wellness Month. It is not a coincidence that this month-long holiday follows the Christmas spending season as January is usually the time when Americans realize that they have financially overextended themselves. All month long consumers take […]

Ways To Stay Out of Debt During the Holidays

It’s that time of year again when are days are filled with Christmas carols, ginger bread cookies, and little children who continually remain on their best behavior in hopes of making Santa’s nice list. It’s the holiday season. It’s also that time of year when a lot of American consumers overspend and end up in […]

Establish Your Personal Financial Plan

When you hear people encourage you to develop a “financial plan” it can sound dry and boring. This is probably why many people put off developing a set of goals until much later in life. The problem with this is that by then, they may not have realized all of the lost opportunities for saving, […]

How to End a Bad Relationship with Your Credit Card

  Your credit card may be your best friend when it comes to long shopping trips, booking vacations and your weekly manicure and pedicure sessions, but when the end of the month rolls around and your bill comes due, you may realize that your relationship with credit is more toxic than beneficial. A healthy and […]

Student Debt Continues Haunting Millions of People

Graduating from college doesn’t guarantee financial stability anymore. You can be a straight-A student and take the best internships available, but with the current economic situation the first job you land may not be enough to cover living expenses and student loans. Student loan debt skyrocketed in the last decade, reaching $1 trillion. Loan companies […]

Are You Financially Prepared for a Baby?

Having a baby can be one of the most rewarding experiences, but it’s definitely hard work. Building a sound financial framework involves several steps such as eliminating debt and creating a budget. These steps may be intimidating at first, especially when added to the mix of other necessary preparations. I have put together six savings […]

Welcome Spring! Time to Breathe Fresh Air and Spring Clean Your Finances!

by April Lewis-Parks Technically spring has sprung, but I know that for many of you around the country old man winter is still hanging around… but it is a good idea to start to think about reevaluating your household budget.  Now is a great time to review the different financial products you have and start […]

Are You Being Honest with Yourself About Your Finances?

From time to time people have been known to tell little white lies – sometimes. You might tell you Aunt Jean that her (overcooked) pot roast is delicious. Or you might gush about your best friend’s new hideous haircut to make her feel better. Sometimes, we don’t just reserve these small acts of kindness for […]

Curb Your Spending Temptations this Holiday Season

You may have mastered creating a budget, but how well have you stuck to your guns? Temptations lurk on every corner urging you to spend, spend, spend. So what can you do? Make a list of course! Make sure to do this before you go shopping, and whether it is for groceries or gifts, stick […]