Payday loans are an ingrained part of the financial landscape in the United States. About 12 million people use this type of loan every year according to the St. Louis Fed. They’re particularly prevalent among those who don’t have a traditional bank account. It’s important to know one thing above all else when it comes […]
Why the Debt Snowball Method Works Amazingly Well
If you’re in debt, you might think that the best way to pay it off is to tackle the highest interest debt first. It does make logical financial sense because overall there would be less interest to pay, saving money in the long run. However… there’s a massive downside to this method of debt repayment – […]
Debt Elimination Tips #6: Earn Extra Income to Pay Your Debts Off Faster
Debt Elimination Tips #5: Are Your Creditors Playing Fair?
Welcome to another Debt Elimination Tips post – my weekly series where I share with you my best tips for getting out of debt as fast as possible. If you’ve missed any previous tips in this series, don’t worry because you can read them here. Today’s tip is about checking whether your creditors are playing […]
Debt Elimination Tips #4: Keep Your Eyes on the Prize
Welcome to Debt Elimination Tips – a regular series here on Disease Called Debt where I share my favourite debt busting tips with you to help you pay off your debt faster. This week’s tip is about how keeping your eyes on the prize will help you clear your debt faster than you’d think. Let’s […]