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FINANCIAL NEWS AND ADVICE
The 3 Universal Truths of Getting Out of Debt

For many people, debt has, perhaps unwittingly, become just another part of life. In fact, a 2015 study from Pew Charitable Trusts found 80% of Americans are carrying debt. And not all of what they owe is tied to good debt, like a mortgage. At the time of that study, 39% of Americans were reporting unpaid credit card... Read More

The post The 3 Universal Truths of Getting Out of Debt appeared first on Credit.com.

The Bill That Could Help Veterans’ Credit Scores

Veterans experiencing credit problems could be in store for some good news. Lawmakers are looking to help ensure veterans’ credit scores don’t get dinged when they have late payments on medical bills. The Protecting Veterans Credit Act (H.R. 1862), introduced last month by Reps. Randy Hultgren (R-Ill.) and John Delaney (D-Md.), would provide a 1-year grace... Read More

The post The Bill That Could Help Veterans’ Credit Scores appeared first on Credit.com.

The Guy I Sold My Car To Has $1,600 in Parking Tickets & Now Debt Collectors Are After Me

You’re walking to your car and see something that makes your heart sink. It’s a piece of paper underneath your windshield wiper, and at first you’re hoping it’s just a flyer, but nope — it’s a parking ticket. Just like that, your day is ruined. What a lot of people don’t know is that parking tickets... Read More

The post The Guy I Sold My Car To Has $1,600 in Parking Tickets & Now Debt Collectors Are After Me appeared first on Credit.com.

The States Where Debt Collectors Are the Busiest

Does being surrounded by people in debt make you more likely to land in debt? That’s one of the provocative questions posed by a new Urban Institute report that examines possible links between geography, neighborhood characteristics and unpaid bills. While one-third of Americans have a debt in collections on their credit report, that burden is not... Read More

The post The States Where Debt Collectors Are the Busiest appeared first on Credit.com.

Mortgage Rates Are Falling: Thank You, Brexit?

Prospective homeowners may be able to save a bit on a mortgage, courtesy of Brexit. According to online loan marketplace Lending Tree, mortgage rates offered by lenders in its network have fallen 14 basis points since the United Kingdom voted on June 23 to leave the European Union. Since January 2016, average offered interest rates have fallen from... Read More

The post Mortgage Rates Are Falling: Thank You, Brexit? appeared first on Credit.com.

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