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…
Paying your credit card at the end of the month may seem like a hassle but paying it on time can really help you out in the long run! Now, in order to pay your credit card, knowing the current credit card rate is very important! Why? First, let’s talk about interest rates. What…
Life Happens. In two words we are able to describe the importance of having an emergency fund. From a broken bone to a layoff, emergencies come and go, and sometimes, they are here to stay and change our lives forever. But, what exactly is an emergency fund and how can we make one? …
Minimum payment: $22.00 Statement Balance: $800 Due Date: TOMORROW Why is it always tempting to make the smallest payment? Sometimes, our financial situation isn’t the best and making the full payment isn’t possible at the moment. And as Brownie McGhee would say, “Something is better than nothing”. It’s best to pay at least the…
