The process of restoring your financial stability after facing bankruptcy is a back-breaking move. Filing for bankruptcy affects your credit score and can hinder your long-term financial...
Posted by Pat Raskob on 06/11/2022
Sometimes a debtor could be overwhelmed by debt repayments and may need to negotiate for debt cancellation. If you get one, the IRS considers it an income, and it is taxable. That's...
Posted by CORE PERFORMANCE on 05/22/2022
Borrowing money from family members can be a risky business. And while all debt is risky, family loans come with all kinds of dangers.In spite of the fact that family lenders don't...
Posted by Abundant Wealth Planning LLC on 04/26/2022
A payday loan is a short-term loan with high fees for a small amount, usually $500 or less, which must be repaid with the borrower's next salary. Payday loans only require ID,...
Posted by KLSM CPA Firm PLLC on 04/24/2022
Whether a bank or a financial institution, depending on the lender, there are various requirements for obtaining a loan. However, there are essentials that the firm always puts into...
Posted by KLSM CPA Firm PLLC on 04/09/2022
A credit builder loan is a type of loan exclusive to helping people build a positive credit history. It features an installment loan system with fixed monthly deposits; these deposits...
Posted by Tiffany Gaskin on 03/23/2022
A credit freeze, also known as a security freeze, allows you to restrict access to your credit report. It lets you take control of your financial information by preventing credit reporting...
Posted by BEST FINANCIAL GROUP LTD on 03/17/2022
If you're in debt or feel your debt is growing, you're probably not alone. As many Americans are still trying to get their debt under control largely from the effect of the...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/10/2022
You can get federal tax relief for owning a home if you itemize your deductions on the 2021 tax return and if it makes financial sense. But it's a bigger "if" than before.Although...
Posted by Income Taxes and Bookkeeping LLC on 02/28/2022
