Financial issues happen to the best of us. Even if you’ve never missed a credit card payment before, you might fall behind if you lose your job, get sick or have a big expense pop up. A few missed payments can quickly bring headaches when the late fees and higher...
Feeling trapped by a debt relief provider? Here’s what to do
Debt relief can sound incredibly positive when you’re finances are underwater and you can’t see your way to paying off your debt. Sometimes it can be so appealing, in fact, you wind up working with a company that doesn’t have your best interests in mind. If you’ve signed on for...
Should I stop paying my creditors?
While we don’t advise people to stop paying their debts, we do offer education and information about the benefits and drawbacks of your decision either way. When it comes to settling unsecured debts for less than the balance owed, such as credit card debt, the fact is, you have to...
6 ways to dig yourself out of holiday debt
The holidays are done, the gifts have been unwrapped and all you’re left with in the new year is a big fat credit card bill. From gifts to holiday parties to flights to family, it’s easy to spend more than you were anticipating in the span of a few short...
6 ways to prevent holiday debt
Because holiday gifts aren’t always a line item in a budget, it’s easy to see why last-minute purchases can end up on a credit card. And while it’s tempting, it’s best if you can avoid doing this at all costs (unless you can pay off the balance in full). Here...
Resolve reincorporates as a Public Benefit Corporation, citing “purpose, accountability and transparency”
OAKLAND — November 7, 2019 — Resolve Innovations, Inc., a company founded to help people in financial distress, today announced that it has reincorporated as a Public Benefit Corporation, becoming one of nearly 5,000 companies that have modified their obligations to shareholders, committing to higher standards of purpose in their...
What to do if you’ve got $100,000 in credit card debt
The Federal Reserve estimates that Americans have more than $4 trillion in consumer debt. That’s a lot of money. So if you’re staring down a large debt bill, remember this: You’re not alone. And not only have other people been in your shoes, they’ve also found a way out —...
Public benefit corporations: What they are and why you should care
There’s a rising tide of businesses in the U.S. that have elected to become public benefit corporations (PBCs). In fact, there are about 5,400 as of last year. But what does that designation mean, and why are so many companies choosing to differentiate themselves in this way? Here’s what you...
How do traditional debt settlement companies make money?
A debt settlement company does exactly what its name implies: It helps you negotiate with your creditors to settle your debt for less than what you owe. Sounds amazing, right? Well, not so fast. You need to understand how traditional debt settlement companies work and, more importantly, how they make...