Debt management Archives

Part 1 -Day 10: Dealing With Debt

November 10, 2018
By: Greenpath Financial Wellness
Category: Credit, Debt, Debt management, No Spend November

If you are dealing with debt, know that you are not alone. In fact, 4 out of 5 Americans are currently in debt. Let’s work together to figure out how you can eliminate that burden. Today's article will provide some great tips on how you can pay off your debts. What are your options? Balance Transfer – A new credit...

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Day 7: Stop Swiping

November 7, 2018
By: Greenpath Financial Wellness
Category: Credit, Debt, Debt management, Financial Health Tips, No Spend November

Credit cards make it easy to swipe and go about our day. We swipe effortlessly, without realizing that we will have to pay off the charges later. Today, I want you to try to stop swiping. We save our credit card information in all of our favorite apps so we can quickly hit purchase. We use Venmo and Apple-pay and...

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How A Debt Management Plan Works

August 29, 2017
By: Greenpath Financial Wellness
Category: Debt, Debt management, GreenPath University

Wondering how debt management plans work? If you’re having trouble with credit card debt and/or other debt, you may consider a debt management plan (DMP).

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Debt Settlement

July 29, 2017
By: Greenpath Financial Wellness
Category: Debt, Debt management, GreenPath University

Debt settlement is a process of negotiating with creditors to accept a percentage of the full amount on debt that is charged off or severely delinquent.

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Liquidating Assets

May 29, 2017
By: Greenpath Financial Wellness
Category: Bankruptcy, Debt, Debt management, GreenPath University

You may want to sell some of your stuff to help pay down your debts. Liquidating assets means selling anything that can be sold or converted into cash.

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Contacting Your Creditors

May 16, 2017
By: Greenpath Financial Wellness
Category: Debt, Debt management, GreenPath University

Are you struggling to pay your bills each month? If so, you may want to contact your creditors. They may have options for you.

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Debt Consolidation Loans

April 29, 2017
By: Greenpath Financial Wellness
Category: Debt, Debt management, GreenPath University, Loans

In general, a debt consolidation loan can be defined as a loan that combines multiple debt obligations into one single and simplified loan.

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7 Ways to Get Out of Credit Card Debt

January 5, 2017
By: Greenpath Financial Wellness
Category: Debt, Debt management

According to Creditcards.com, about 40 percent of Americans carry credit card debt from month to month without paying it off. The website also says the average interest rate on those credit cards is more than 13% but did you know that there are 7 ways to get out of credit card debt?

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