How to Pay off Medical Debt

Medical debt is the leading cause of personal bankruptcy in the United States. You are more likely to file for bankruptcy because of unpaid medical bills, than for any other reason, including credit card debt. If you have been hit with a high medical bill, and...

Short-Term Debt Likely to Lead to Depression

Short Term Debt A recent study found that people who have short term debt, like overdue credit card bills, are much more likely to feel depressed and suffer from anxiety, compared to those who have much more long-term significant debt, like mortgages. In fact, the...

How to Negotiate Medical Debt

An informed patient is a smart patient. Before you begin negotiating to lower your medical bill, make sure that you know the real cost of the procedure. You can find this information online. Do a Google search, and check out the information posted on your insurance...

Tips to Avoid Credit Card Debt

If spending on a credit card has become routine, or if you have gotten into the habit of making large purchases on a credit card, you may need to step back and see where such behavior is leading you. Avoid using your card to make expensive purchases that you cannot...

Managing Student Debt

Student debt is one of those types of loans that cannot be discharged easily in a bankruptcy. That means that if you are having trouble managing your debt, you are in deep financial trouble. Balance and Repayment Status Try to manage your debt right before you start...