“I’ll never recover from bankruptcy!” “Everyone will think I’ve committed a crime!” “Lenders will never consider me if I choose to file!” There are hundreds of judgmental opinions floating around about how to declare bankruptcy, who is eligible, and what happens after you file. Many of these myths are simply untruths perpetuated by creditors to discourage you from … [Read more...] about 6 Common Myths About Bankruptcy & the Disproving Facts Behind Them
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Top 5 Car Finance Myths Busted
Car finance in the UK is on the rise and in 2021 around 90% of new or used cars are finance or leased. With statistics being so high, there are still a lot of misconceptions and car finance myth which may put people off apply. Alternatively, if you have finance you may only be aware of one type of traditional finance. Refused Car Finance, a bad credit car finance specialist … [Read more...] about Top 5 Car Finance Myths Busted
The Myths vs. Realities of Debt Collectors: What to Expect
If you are struggling with debt, then your creditors will use several methods to make sure that you pay your bills. In many instances, one of the final steps they take will be to enlist the services of a debt collector, who will visit you in person to reclaim what is owed. Preparing for a visit from a debt collector is difficult for many people, not least because there are … [Read more...] about The Myths vs. Realities of Debt Collectors: What to Expect
Dealing with Debt After Being Released from Jail
Nearly 5 million people are arrested and booked into jail in the U.S. every year. For many of these people, being arrested begins a downward financial spiral. During their incarceration, many inmates carry or incur debts. Commissary and supervision fees charged by most prisons can add up. Moreover, many sentences include fines and restitution. These financial penalties are … [Read more...] about Dealing with Debt After Being Released from Jail
3 Key Differences Between American and Canadian Car Loans That You Have to Know
On the surface, the process for acquiring a car loan in the United States and Canada is largely the same. You need to find the vehicle you want, find a lender who will facilitate the loan, and begin making payments until the debt is paid off. However, there are some key differences between financing a car in Canada and the US. While you likely won’t encounter any major issues … [Read more...] about 3 Key Differences Between American and Canadian Car Loans That You Have to Know