Credit Corp

MARCH 4, 2021

Since the COVID-19 pandemic, a sharp spike in unemployment levels has prompted talk of an emerging debt crisis in the US. As Coronavirus began to take hold, household debt in the US peaked at over $14 trillion, mostly consisting of mortgages and student loans, alongside credit card debts. Image: GPF ).

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Credit Corp

JULY 26, 2021

If there isn’t enough money left in the estate to cover those revolving debts, they’re usually simply written off. Student Loan Debt. Federal student loans and PLUS loans get discharged if borrowers pass away. Find Out Who’s Responsible. Stop Using Credit Accounts.

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Credit Corp

JANUARY 7, 2021

With the avalanche method, you make minimum payments on all debts and use any leftover money to pay down high-interest debt. Over time, this method will save you a lot of money in interest charges. >> Try these debt management apps. Go for Debt Consolidation. Go for a loan with a low interest.

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Credit Corp

MARCH 16, 2021

And, if you have both student loans, and credit card debt, it may feel like a debt spiral. And as far as your debts are concerned, there are ways to reduce or pay them off with a well-conceived strategy. If you can follow their guidelines, then debts will be under your control soon. Opt for Debt Settlement.

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Sawin & Shea

MARCH 6, 2024

Understanding Debt Consolidation Debt consolidation is the process of taking out a brand-new loan and using the money to pay off other loans or debts. Pros & Cons of Debt Consolidation Debt consolidation can be great if you qualify for a loan with a low enough interest rate.

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Credit Corp

DECEMBER 4, 2024

Debt consolidation may temporarily lower your credit score due to hard inquiries and changes in credit utilization, but consistent, on-time payments can help improve it over time. Carrying debt, whether its through personal loans, credit cards, mortgages, or student loans, is common in America.

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Credit Corp

APRIL 23, 2021

These debts include high-interest debt and debts owed for depreciating assets. Next, shift your focus to other higher-interest debt, such as student loans. Finally, focus on debts for depreciating assets such as auto loans. This means that you’ve now freed up $200 a month of money.

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