What Happens When You Stop Paying Your Student Loans

Featuring Chelsee Spencer
9 July 2018

In a perfect world, you'd have no student loan debt. And, if you did, you wouldn't have taken on more debt than you could handle. Or you wouldn't be facing financial setbacks that are making repayment of those loans a daunting task. 

But the fact remains that, in 2017, the average student loan balance sat at $34,144 – a record high for the nation. And, on average, more than 3,000 people default on their federal loans every day, according to government data.

Click here to continue to U.S. News & World Report to read the entire article.

 9 things to know about your credit score and how it's calculated

Featuring Kristen Holt, CEO
5 July 2018

More and more Americans are checking their credit and understand how the scoring system works.

The percentage of consumers who have obtained at least one credit score over the past four years has risen to 57 percent in 2018, up from 49 percent four years ago, according to a survey released in June by the Consumer Federation of America (CFA) and VantageScore Solutions.

The survey also shows that people who get their score know much more about how the system works than those who do not.

Click here to continue to USA Today.

 Financial worries: Why waiting to file bankruptcy can be so damaging

Featuring Kristen Holt, CEO
21 June 2018

Filing for bankruptcy is often seen as an admission of personal and financial failure. Many people try hard to avoid it, but they end up paying the price for waiting.

The longer people wait to file bankruptcy, the more they struggle, according to a 2018 law review study. By the time they declare bankruptcy, their well-being and financial life are damaged, undermining the fresh start the legal tool offers them.

Here’s why waiting to file bankruptcy can be so damaging — and when you should consider filing.

Click here to continue to USA Today.