Many Kentucky residents struggle with auto, payday, medical, student and other types of debt. If you’re in this group, you’re not alone. Kentucky ranks in the bottom half of the country in terms of unemployment, with a rate of 4%. Approximately 16% of the population and 21% of children live in poverty. The average Kentuckian …
The Best Kentucky Debt Consolidation Companies of 2023 Read More »
Debt settlement and debt consolidation are two common ways to wipe out debts, such as credit cards and personal loans. However, they work in very different ways. The key difference: Debt settlement lets you clear away debt without paying back the full amount you owe, while debt consolidation requires you to pay back all of …
Debt Settlement vs. Debt Consolidation: What’s the Difference? Read More »
Debts in collection can damage your credit, create enormous stress, and lead to lawsuits and potentially wage garnishment. If you have debts in collections, you need to resolve the problem as soon as possible. Debt consolidation may be the solution. Though using debt consolidation to pay off debt in collections can sometimes be the best …
Got Debt in Collections? Debt Consolidation Can Ease the Pressure Read More »
Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. If you’re struggling to make your payments each month and don’t have enough cash to make it to payday, debt consolidation could be a …
Here are the 6 Best Personal Loans for Debt Consolidation Read More »
It’s stressful having debt in collections. The debt collector is probably calling you, and you may be threatened with a trip to court, or wage garnishment. You need a solution fast, but what are your options? Debt consolidation may be your best bet. Debt consolidation is the process of combining multiple debts into a single …
7 Strategies to Pay Off Debt That is Already in Collections Read More »
Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. Did you know that the average American family has $6000+ in credit card debt, and the total outstanding consumer debt is $4.2 trillion? Do …
Best Low-Interest Debt Consolidation Loan Options + 6 Top Lenders Read More »
Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. Millions of Americans struggle with high-interest debts like credit cards. If you’re one of them, debt consolidation could be the solution. Some forms of …
Does Debt Consolidation Close Credit Cards? What You Need to Know Read More »
Disclaimer: Some or all of the products featured in this article are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. All opinions are our own. Many people with poor or fair credit …
Here are the 14 Best Debt Consolidation Options for Fair Credit Read More »
Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. Americans have a debt problem, and service members are not immune. Many veterans and active-duty service members carry high-interest debt from credit cards and …
Credit card refinancing or debt consolidation may be good options if you have a lot of debt and need help paying it off. Both options can make it easier to manage your monthly payments and, ultimately, end up debt-free. Done right, credit card refinancing or debt consolidation may also result in you paying less money …
Credit Card Refinancing vs. Debt Consolidation — What’s the Difference? Read More »
