Financial Cents: Posts About Debt

What Happens To Your Debt When You Die?

Once you shuffle off this mortal coil, your debts will get paid back out of what you leave behind. But don't worry, debt cannot be inherited.

Posted on: April 06, 2018


Will Unpaid Debt Ever Go Away On Its Own? (Yes, But Don’t Hold Your Breath.)

Once the statute of limitations for a debt has passed, it becomes uncollectable. But in the meantime, it can still do lots of financial damage.

Posted on: April 03, 2018


Are Balance Transfers a Good Way to Pay Down Debt?

If you can score a good promotional offer, a balance transfer could help supercharge your debt repayment—but it's not risk-free.

Posted on: March 29, 2018


5 Questions to Ask Before Cosigning a Loan

We all want to help out where we can. But do your homework first.

Posted on: March 08, 2018


Does Medical Debt Really Go Away After Seven Years?

Like all urban myths, the "seven-year rule" does contain a small kernel of truth. But sorry, folks, it's just not that easy.

Posted on: February 22, 2018


25 Little-Known Presidential Money Facts

Turns out that a number of famous U.S. Presidents weren't so great at managing their personal finances.

Posted on: February 19, 2018


Understanding Debt Relief: An Interview With Michael Bovee of The Consumer Recovery Network

If you're drowning in the consumer debt that you're unable to pay off alone, then a debt relief plan might be your best option.

Posted on: December 07, 2017


Beware The Scary Debt Monsters!

As Halloween approaches, we here at the OppLoans Financial Sense Blog are want to warn you about some of the scariest monsters out there: the Debt Monsters!

Posted on: October 24, 2017


How to Handle an Unexpected Bill

Having an emergency fund is a great way to handle surprise expenses, but what if the bill’s a mistake?

Posted on: September 29, 2017


Can Consolidating Debt Help Your Credit Score?

Consolidating your loans and credit isn't some magical cure-all, it can definitely help both you manage your debt better--and even improve your score. Just make sure you're careful...

Posted on: September 15, 2017