Not all debt is the same. Knowing the difference between good and bad debt can change your financial life.
If your car is repossessed you may still end up paying the shortfall if it is auctioned off. However, there is a way out, explains an expert.
Sometimes we face curveballs on the road to achieving our dreams – little hiccups that either delay us or may even halt our dreams permanently.
In days gone by, bad debt could land you in prison, get you flogged, or even cause you to become a slave.
Debt doesn’t last forever. If a credit provider doesn’t claim payment on a debt, it will eventually fall away. This is what you need to know.
Have you ever applied for credit and wondered why you are asked for proof of employment, your marital status, and whether you own property? Rudolf Mahoney explains.
SPONSORED: Consolidation loans are an option available to consumers and at a glance appears to be a solution to the debt trap many face, says debt expert Neil Roets.