What Is Unsecured Debt? Types And Examples
April 5, 2024
Ever wonder what the difference is between credit card debt and a mortgage? It all comes down to collateral. In the world of finance, unsecured debt refers to loans that aren’t backed by a physical asset like a car or house. Secured debt, on the other hand, uses an asset as collateral, meaning the lender…
Debt Consolidation: The Pros and Cons
August 23, 2023
It can be difficult to keep track of payments and balances on outstanding debts. Consolidating these debts into a single loan may simplify your finances, but the strategy of debt consolidation most likely won’t fix your underlying financial challenges. For that reason, it’s important to understand the pros and cons of debt consolidation before committing…
Bankruptcy In California: Consider The Alternative
March 17, 2023
Bankruptcy In California: Consider The Alternative According to the United States Bankruptcy Court, in the Central District of California there were a total of 57,714 bankruptcy filings in 2021. This includes both personal bankruptcies and business bankruptcies. As of September 2021, California’s total outstanding debt was approximately $295 billion. $10.1 billion was in Tax debt.…
Debt Relief For Residents Of Wyoming
March 14, 2023
Debt Relief For Residents Of Wyoming Wyoming has a long history of mineral extraction which has been the major contribution to its economy for over a century. Home to 35,000 active mines, mining continues to be a big deal in Wyoming.The mining industry employs a large section of the economy, but has struggled recently, causing…
Debt Relief for North Dakota Residents
March 14, 2023
Debt Relief for North Dakota Residents North Dakota’s also known as “The Peace Garden State”, has endured some harsh economic struggles t in recent years. The North Dakota Forecast Model offered up predictions that the state, as a whole, will continue to see declines in gross state product, labor force participation, total wages and salaries…