According to one survey, Americans carried over $1,380 in holiday debt in 2020. It might not sound like much, but it’s a dollar figure that can haunt budgets for months or years if you’re not using credit responsibly. For example, $1,380 on a credit card with 17% interest can take you more than 5 years... Read More

‘Tis the season for tons of spending! While the holidays are hallmarked as a time for spreading love and joy, they are also notoriously expensive. While Black Friday sales might make you think you’re getting the best deals of the year, your spending can add up quickly if you aren’t careful. Is it possible to... Read More

Buying a house and getting a mortgage is a big investment– and not only for you. When you choose a mortgage lender and are approved for your home loan, your lender is agreeing to lend you all funds necessary to cover your home purchase. Because a house is a high-cost purchase, lenders want to guarantee... Read More

Medical bills can be daunting. Around 67% of bankruptcies in the nation in 2019 were tied to medical issues and expenses. According to US Census data, almost one in five American households is dealing with medical debt, and the rate is higher for certain ages, income levels, and other demographics. One issue is that medical... Read More

Debt is a double-edged sword. You’re scared of going into it but you’re also scared of what you might miss out on if you don’t. Is having the life you want and avoiding debt even possible? What level of debt can be manageable and even healthy? We’ve got some answers for you. Read on for... Read More

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Victoria Blake is a financial advisor and a writer at CreditFixed. Does settling a debt hurt credit? The short answer is yes, it can and probably will. However, that does not mean that you shouldn’t do... Read More