Financial hardship is a term many of us have likely heard, and unfortunately, a number of us have also experienced. It describes a situation where unexpected events or circumstances disrupt our financial stability, making it difficult to meet essential expenses and debt obligations. Whether it’s a sudden job loss, a hefty medical bill, or an…
Are you dealing with clients who turn away life insurance because of their debt? It can seem daunting, but the great news is that there are ways to help them get better coverage and protection. Don’t just take “no” for an answer – read on so that you can give your clients the best options…
Are you sick of hearing from banks and financial institutions that they’re here to help you? Tired of seeing their promises of low-interest rates that never quite turn out as they advertise? Believe it or not, banks are not your friends – but there’s a good reason behind why. To understand the relationship between banks…
Are you struggling with debt and need a solution? Mediator Debt Solutions is your answer! For years, we have been helping people all across the country get out of debt and providing financial freedom for thousands. In 2022, our numbers show that we have helped even more individuals get back on track financially. This blog…
A report by the Urban Institute found that people with high levels of credit card debt are more likely to be living paycheck to paycheck and to have difficulty saving for retirement, which makes improving your life situation, meeting financial goals and building your own business even harder than it would be otherwise. What does…
Last quarter, the Center for Microeconomic Data at New York University released its Quarterly Report on Household Debt and Credit. The Report shows that total household debt has increased by $312 billion, or 2%, to $16.15 trillion in the second quarter of 2022. Balances have grown by $2 trillion since the end of 2019, before…
Debt settlement is the quickest and least expensive method to get out of debt, according to numerous debt relief professionals. Reducing the amount you owe to your creditors entails bargaining, either via you or your assigned negotiator. It takes time and effort to reach an agreeable reduction percentage. However, if you’ve got a debt that…
If you’re in debt, you may be confused by the situation and want guidance. You’re not alone if you’re concerned! According to recent research, the typical American household’s credit card debt has increased to nearly $16,000! Personal loans, medical bills, and home purchases are some of the debts that can be relieved. Many people…
Debt is something that most of us are forced to deal with. It’s the only reason why we may go into our ideal house or start our own company. Debt, on the other hand, may be an angel in disguise; it might offer us a better way of life while also causing pain and…
When you have missed debt payments, you might be wondering if debt settlement is the best option. Depending on which technique you take, it may or may not be a viable alternative: working with a third-party debt settlement firm or negotiating with your creditors on your own. Consumers who want to get out of…
