Category: Debt

Does It Matter Which Debts You Pay Off First?

Having too many debts can be overwhelming. Which do you pay first? Does it matter? Should you pay the creditor that screams the loudest first? Not necessarily. What Debt Should I Pay Off First? While Dave Ramsey’s debt snowball suggests listing your debts from smallest to largest and …

Pros and Cons of the Debt Snowball Method

When trying to pay off debt, it can help to have a plan. Instead of paying credit cards, car loans, medical bills, and other debts in random amounts each month or splitting your total payment evenly toward them, a plan such as a “debt snowball” can encourage you …

How Collection Agencies Work

You may not know it when a debt collector calls, but some have bigger incentives than others for pushing you to pay. There are two types of collection agencies: Ones that are hired by creditors to collect debts, and those that buy old debts from original creditors for …

National Debt Relief Review

Many of my readers have asked me about debt settlement companies and if there are any I would recommend. While I’ve touched on the subject in previous posts, I’ve never properly reviewed a reputable debt settlement company such as National Debt Relief. How National Debt Relief Works Debt …