Blog Posts - Debt relief
South Carolina Statute of Limitations for Debt
Old debt that can no longer be collected is often referred to as zombie debt. While there is a legal limit when it comes to how long debt collectors can hound you, this doesn’t mean there aren’t unscrupulous sorts out there who don’t let the law get in their way....
READ MOREWhat Is a Loan Modification?
If you’re ready to take advantage of a lower interest rate, refinancing likely comes to mind, but if you’re having trouble making your mortgage payments, a loan modification can serve a similar purpose and comes with unique benefits. The better you understand the process, the better prepared you’ll be to...
READ MOREHow Do I Make My Car Loan More Affordable
Car loans are notoriously complex, and some sellers are less than forthright about the loans they sponsor. If you are having a hard time keeping up with your car payments, there are things you can do to help you get a better handle on the situation – and to help...
READ MOREWhat Is Loan Forgiveness?
Student loans can play a very important role in your education, your career, and your overall earning power. Because life is difficult to predict, however, the debt load associated with student loans can prove difficult to bear. In some instances, loan forgiveness is a possibility that is well worth exploring....
READ MOREPossible concerns of entering retirement with high levels of debt
If you are approaching retirement, you may have spent years preparing and saving for this stage of your life, and you might not want to let anything disrupt your plans for your future. However, things might not always turn out as intended, and it might be challenging to reach this...
READ MOREThe possible impact of debt on long-term financial goals
There may be many individuals who have clear goals and ideas about what they want for their futures. Setting long-term goals can be an integral component to helping you pursue important milestones in life. While you might not want to let anything stand in the way of your dreams, things...
READ MOREAddressing your options when facing extensive student loan debts
The dream of pursuing higher education is a goal that many individuals in South Carolina share, and obtaining financial aid may often be a necessary component of this equation. However, while a college education may help improve your career opportunities, getting your dream job might not happen overnight. While you...
READ MOREKnowing your rights when dealing with a debt collection agency
Going through periods of financial unrest can be a harrowing process, and similar concerns can affect your life in various ways. One of the most imposing aspects of financial struggles could involve dealing with constant phone calls and letters from various collection agencies. Although there are rules and regulations that...
READ MORENew rules give debt collectors more ways to harass you
A new rule by the Consumer Financial Protection Bureau (CFPB) - which was initially created to protect consumers - tilts the playing field in favor of debt collection agencies. Under the new rule, finalized Nov. 4, bill collectors can contact you not just by phone but also by email, text...
READ MOREWhy do credit cards remain a common cause of financial hardships?
In an age in which convenience is a priority, you may be hard-pressed to find many others who do not carry at least one credit card. Similar lines of credit may offer you additional avenues of purchasing power, and it could also seem essential to keep a card on hand...
READ MOREYou can rebuild your credit after filing for bankruptcy.
Depending on the chapter of bankruptcy, your bankruptcy filing will be on your credit report for up to a decade after filing. This leads many to believe that bankruptcy will do permanent damage to their credit score and that their credit score will cut them off from future home loans...
READ MOREAvoiding the trap of payday loans
A payday loan is a general term that refers to high-cost, short-term loans. These types of loans typically fall under the $500-range. You usually owe back the amount of that loan on your next payday. Most payday loans share similar features: They are typically small amounts, in the form of...
READ MOREShould you reconsider taking a payday loan?
When you face financial hardship, it is natural to try to fix the issue as soon as possible. No one wants to suffer from financial stress and continuous worry. You may be considering taking out a payday loan as a quick cure for this financial ailment. A payday loan is...
READ MORE