Self-Help Articles Archives - American Credit Foundation

Self-Help Articles

Debt Payment Options for Every Budget

Debt. We all have it. Debt in itself is not always bad. It can be a helpful tool in, say, covering bills during employment gaps or paying for a college education. But excess debt can be a financial burden – one that limits your ability...

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How Long Do I Keep My Credit Card Statements?

In this digital age, many of us have ditched the mailed copies of our credit card statements. Instead, we do all our mobile banking on our computers or phones. But there are still holdouts, for a variety of reasons, who prefer the piece of paper...

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Debt Consolidation: Which Type Is Right for You?

What’s more stressful than a pile of high-interest credit card debt? A pile of high-interest credit card debt that’s spread out over several cards, each with their own balances, minimum payments, interest rates, and due dates.  If you’re struggling with multiple credit cards with high balances,...

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Should You Refinance Your Student Loan?

Many people take advantage of student loans to help finance their college education. These loans are typically owned by the federal government and offer specific benefits not available through private lenders. Proof of credit, a source of income, and even co-signers are unnecessary in most...

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Considering Bankruptcy? Here’s What You Need to Know

You're drowning in high-interest credit card debt. You're way behind on your payments. Your credit score has taken a nosedive. Every time your phone rings, there's a debt collector on the line.    When debt gets out of control, it's easy to feel like your whole life...

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Bringing up Family Finances

It’s time for “the talk.” Yes, it’s time to get past your feelings of awkwardness and fears of uncomfortable silence, and sit your family down for a frank discussion… of your finances. Granted, money conversations with your family might not be fun, but they sure beat money...

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What to Ask Yourself Before Taking Out a Loan

So, you’re looking for access to extra funds. Maybe you want to consolidate multiple higher-interest debts. Or you could be looking to fund a small business. Or possibly your home is due for a remodel. There are about as many reasons for taking out a...

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