As the majority of the population in the US is now vaccinated and businesses have opened their doors widely in this new normal world, some adjustments are still needed to be done. One of the crucial issues right now for many businesses irrespective of their sizes is the cash flow and the debt. While the … Read more
Four Financial Warning Signs to Look For Running a successful business is a challenge on its own. To attempt the same venture in the current economy during a pandemic has made many Americans realize that their company might not be able to survive. This can be a tough pill to swallow as it essentially means … Read more
There is no doubt that kids are becoming more responsible about their own finances and it is time for the credit and debit card companies to accommodate this by allowing them to use these cards for their own needs. However, this is not always a good thing for the parents as they can end up … Read more
We had the opportunity to sit down with Dr. David L Tuyo II, DBA, MBA, who serves as the President and CEO of University Credit Union, to discuss some common questions related to managing personal financial debt. Dr. Tuyo has been recognized by industry leaders including the National Association of Federally-Insured Credit Unions’ Professional of … Read more
Chasing overdue payments from difficult customers can often seem like a daunting task. In the current uncertain economic climate, unpaid and overdue invoices are becoming increasingly common for businesses. However, did you know that a debt collection agency can help your business to conquer its cash flow worries? Reaching out to a debt collection agency … Read more
If you have debt from short term loans, credit cards, an auto loan, or any other type of personal loan, you may be wondering how you can pay it off on time and get your finances back on track. In this guide, we’ll give you a few tips that you can use to make sure … Read more
Feeling like you’re saddled with more debt than you can handle tends to be stressful. The link between how people’s perception of their financial well-being affects their overall well-being has been researched and documented. It’s tough to feel secure when debt makes it seem like your finances are controlling you, rather than the other way … Read more
Debt is one tough son of a gun. According to Northwestern Mutual’s 2018 Planning & Progress Study, the average American is saddled with $38,000 in personal debt. And that doesn’t even account for home mortgages! Perhaps more alarming, the study finds debt is rising (up $1,000 per person from 2017) and the population carrying “no … Read more
There comes a time in a lot of people’s lives when their debts get on top of them, and they feel like they are out of control. The one thing that you do not want to do is to try burying your head in the sand and hoping that they will go away, they won’t! … Read more
Peer to peer lending is where an investor loans to an individual or business through an online service that matches lenders with borrowers. Another popular term for peer to peer lending is “crowdfunding”, which uses a digital platform to unite investors with borrowers, while charging a fee to the borrower for their services. A peer … Read more