Our goal is to educate the consumer on how they can maintain good credit and more importantly be debt free. Following is a list of resources that are helpful in understanding the rules around credit counseling, collections and other credit related services.
VIEW ORIGINAL ARTICLE HERE On the surface, getting debt-free sounds like a simple process. Make your minimum payments each month and get your balances to zero, then you’re across the finish line. But with interest rates steadily on the rise, this isn’t much of a strategy. It’s a surefire — and expensive — way to…
As school is about to start, it is time to start thinking about your spending habits. In recent years, the use of credit cards has declined drastically among college students. Although there is a negative stigmatism surrounding the use of credit cards, they are essential to building up your credit score. Shop for credit…
Your entire summer has been boiling down to this: College. Whether you’re dreading it or looking forward to it, one thing you need to start thinking about are your expenses. Luckily, we have prepared some suggestions for you to make your back to school shopping a little less painful on your wallet. Take advantage…
Whether for a celebration, catching up with friends, or for family bonding time, Americans love going out to eat. While this is fun every now and then, it can take a toll on your budget. In fact, the average American spends $3,000 a year on dining out! Look for coupons. This may seem obvious…
As August is quickly approaching, summer vacation is also coming to a close. However, there is still time to take a quick, affordable vacation if you haven’t been able to do so yet. Vacations are not only relaxing, they’re also great for your health. In fact, vacations lower your stress, reduce heart disease risks, improve…
Shopping for a house for the first time is challenging. There are multiple steps to take, including: finding a house within your budget, finding a proper lender and ensuring sure your mortgage rate is reasonable. You might need to switch schools, take a homeownership class and save lots of money for all the closing costs. …
80%. That’s how many Americans are in some form of debt. Now, there are several factors that contribute to this statistic, however, one major problem is that Americans don’t handle their savings well. How does your savings stack up? Are you trying these simple proven methods to build savings? Auto Deduction to Savings. Every…
It’s almost July which means fireworks, BBQ’s and hot weather. Summer weather peaks in July and August and while this sounds like perfect weather to have a pool day and work on your tan, it takes a toll on your finances. Gasoline prices are higher, utility bills can be higher and longer days lead to…
It’s not too early to start preparing yourself or your child for college! In this day and age, college is expensive due to rising costs of tuition, room & board, and even textbooks. As a result, students can struggle financially. According to a survey by Temple University and the Wisconsin HOPE Lab, 36% of…
FOR IMMEDIATE RELEASE Press Contact Sam Hohman Credit Advisors Foundation 402-514-3333 shohman@creditadvisors.org CREDIT ADVISORS FOUNDATION WILL COLLABORATE WITH COUNCIL BLUFFS AGENCIES TO OFFER FINANCIAL COUNSELING Credit Advisors Foundation received a grant totaling $5,910 from the Iowa West Foundation headquartered in Council Bluffs. “We…
Summer is almost here! Warmer weather and the end of school signals summer get aways. Vacations are always something to look forward to and makes budgeting all year worth it! But summer vacations can take a toll on your finances. Take a look at these tips to make a vacation possible without having to derail your…
They might have earned a college degree but a majority of college graduates do not feel adequately educated about personal finance topics. When you consider that the average student from the Class of 2016 graduated with $37,172 in student loan debt (up six percent from the previous year) this is a glaring hole in their…
Debt can pile out quickly and can put you in a challenging financial position. It can be hard to get your financials under control. There are two options that can help you which are a debt management plan or bankruptcy. A debt management plan sets up a payment schedule for you to repay your debts.…
It can be hard to take that first step to improve your financial situation. You might say it is impossible or it is too far away but once you start it will seem like a breeze. The first step is awareness. It starts with either recognizing there is a problem or a new financial goal…
What happens if I stop paying my credit cards? The results can be nasty. Your creditors will take action once you start to miss payments. First, will be the late payment charge. Then the phone calls begin. And of course they don’t stop there. A creditor will start with late payments and potentially increased to…
