Financial Cents: Posts About Debt

No Credit Card? Here Are 6 Ways You Can Still Fix Your Credit Score

Strategies include becoming an authorized user on someone else's account, getting a cosigner, paying down your outstanding debts and more!

Posted on: August 13, 2018


Financial Priorities: Which Debts Should You Pay Off First?

There's no one right answer, but you'll probably want to order your debts by interest rate or by total balance—whichever works best for you.

Posted on: July 25, 2018


Don’t Let Fake Debt Collectors Scam You Out of Money You Don’t Owe

Scammers love to pose as debt collectors and make threatening phone calls demanding payment for debts that never even existed. Don't let them fool you!

Posted on: July 20, 2018


Can Your Social Security Benefits be Garnished to Pay a Debt?

Debtors can garnish your paycheck or your bank account in order to collect on an unpaid debt, but can they garnish government benefits?

Posted on: July 12, 2018


If You Have Bad Credit, Can You Qualify for a Debt Consolidation Loan?

If you want to consolidate your debt but you have a lousy credit score, you're going to run into the same problems as you would trying to apply for any other loan.

Posted on: June 27, 2018


Is Debt Forgiveness a Possibility? It Depends.

Even if you can get your debt forgiven, it might come with a huge tax bill and further damage to your credit score.

Posted on: June 13, 2018


Can Debt Consolidation Hurt Your Credit?

Whether you take out a debt consolidation loan or opt for a debt management plan, making your payments on time will be key. 

Posted on: May 29, 2018


Looking for a Credit Repair Company? Here are 4 Red Flags to Avoid Getting Scammed.

Do your research, don't pay anyone up front, and take lots of notes.

Posted on: May 17, 2018


Loan Sharks: “You’re Going to Need a Better Loan”

Sharks are stealthy, dangerous and so much fun to observe (from the safety of your couch). But what about the other dangerous predators that share their name? Learn the facts about loan sharks and avoid an ocean of debt!

Posted on: May 03, 2018


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