If you fail to make payments, creditors will attempt to recoup the funds owed. If approved, creditors can freeze your bank account and withdraw funds directly. With a bank account levy in place, your options are limited.
by Sha'Kreshia TerrellBankruptcy is a debt relief procedure in which a bankruptcy court is used to relieve a debtor's obligation to pay off all or part of their debts. Here's how the bankruptcy process works.
by Sha'Kreshia TerrellAtiya Brown is the Founder and CEO of The Savvy Accountant, which helps small businesses solve complex tax issues and save money on their taxes. She joins Culture Meets Money to share her best tax tips that every successful entrepreneur should know.
by Nailah HerbertWe all need a place to call home. But rent prices, like most everything, seem to be rising ever higher. Here's how to know if your rent is not just high, but too high for you.
by Pam HillAt the beginning of the COVID-19 pandemic, President Joe Biden announced a pause on student loans. However, with the pause going away, Dec. 31, 2022, the Biden Administration is setting up a loan forgiveness program to reduce outstanding student debts.
by Matin VarshochiA basic budget provides you with a plan to implement, should a financial emergency strike and you must limit your spending only to your most basic needs.
by Pam HillCryptocurrency has become increasingly popular over the years. It has experienced many technological advances and had many ups and downs. During its peak, many people were investing in Bitcoin, Ethereum, and other altcoins. Although cryptocurrency had an initial purpose, the current market does not reflect its intentions, which is why some believe its real value was never $3 trillion.
by Matin VarshochiThe idea of having children can be sweet when you think about all the special moments like the cuddles, hugs, and kisses. But the reality of having children is that they are a huge responsibility, especially regarding your finances, as a recent estimate says caring for a child costs $300,000.
by Matin VarshochiIf you own a credit card, it’s important to know how it works, and one of the perks of having a credit card is consumer protection. For example, you can dispute the charge with your credit card company if you have a billing error or fraudulent charge.
by Sha'Kreshia TerrellWhen President Joe Biden was elected into office, one of his main promises was to forgive borrowers’ student loans, and now it is beginning. Eligible borrowers can receive up to a $20,000 deduction in their outstanding student loans.
by Matin VarshochiSince the beginning of the COVID-19 pandemic, working from home became an option many companies implemented for part-time and full-time employees. However, working long hours began to affect employees’ mental health, which began the workplace trend of “quiet quitting.”
by Matin Varshochi