Even the pros make debt mistakes, more important is what you do when debt missteps happen Maybe you’re more familiar with the saying ‘shit happens’ but you could easily replace it with ‘debt happens’ and be just as correct. We’ve all been there. You have a financial emergency and end up maxing out your credit cards. Christmas comes around and maybe you are a little more generous with the gifts … [Read more...]
How to Pay off Debt as Fast as Possible [Four Easy Steps]
Four real life stories on debt payoff and four simple steps to pay off debt fast Is there any four-letter word as bad as debt? No other expletive even comes close to the damage that debt can do on your wallet and your psyche. Paying off debt can seem like a life-long goal sometimes, getting to where you can see light at the end of the tunnel only to get set back by a financial emergency. At … [Read more...]
Ditch Your Debt with Debt Consolidation Loans [Simple Steps]
Use this process to benefit from debt consolidation loans and ditch your debt for good I get at least two or three offers for credit cards every week. It’s so easy to build up a mountain of debt from multiple creditors and its even easier to let it get away from you. Getting back on track isn’t as easy but debt consolidation loans have come through as one of the best tools to save on interest … [Read more...]
Should you Invest in Peer Loans or Lending Club Stock
Investors can now invest in peer loans through stock in the world’s largest marketplace lender What are the risks to investing in Lending Club stock and is investing in peer loans a better investment? I first looked at the tradeoff between investing in peer loans versus Lending Club stock in December 2014, just as the company was issuing shares. At the time of the IPO, shares soared to almost … [Read more...]
The Solution to Bad Credit Car Loans and Scams
Don’t fall for bad credit car loans or buy here, pay here scams. Learn how to use a peer loan to buy a car. Eight years after bad credit home loans almost destroyed the financial system in American and I think I’m having déjà vu. Bad credit car loans and rip-offs at buy here, pay here dealers are building to lead to the next great recession and borrowers are getting scammed. Rates as high as … [Read more...]