Most people sign a lease when renting a house or an apartment. As a renter, you agree to pay rent for a certain time and to follow any other rules set forth by the lessor. However, if your life changes, you may need to break...
Having a not-so-great credit score can affect a lot of things in your financial life. A low credit score not only makes it harder to acquire new credit, but it can also bring higher interest rates on everything from mortgages to credit cards to car...
Budgeting isn’t a task that everyone loves doing. If financial planning is not your thing, it can be really difficult to sit down and make a budget every month. However, budgeting is a great way to stay in control of your finances and avoid unnecessary...
If you have had a debt forgiven in the last year, you may be required to pay income taxes on the total amount when tax season rolls around. Forgiven debts are considered taxable income in most cases, and income from forgiven debts even has its...
Dealing with calls from a debt collector is never fun. When debt collectors start calling, you need to have a plan for dealing with them. If paying in full is not an option for you, you may want to consider negotiating your debt with the...
If making regular monthly payments isn’t enough for you to pay off your debt, consolidation could be the right solution for you. Debt consolidation is a debt reduction strategy where you combine all of your debt into one single monthly payment at the lowest possible...
Want to learn more about how to set smart goals? SMART stands for Specific, Measurable, Assignable, Realistic, and Time-Related. If you want to eliminate debt quickly, the experts at Pivotal Wealth can teach you how to use SMART goals and other debt reduction strategies to...
Your debt to income ratio is the total amount of all your monthly debt payments (car loan, mortgage, credit card payments) divided by your monthly income. Debt to income ratio is one of the main ways lenders measure your creditworthiness and your ability to manage...
If you’re considering ways to become debt-free, you’ve likely looked into a debt relief method called debt validation, two of the most common debt relief methods. If you want to become debt-free, the experts at Pivotal Wealth can set you on the right path. Understanding...
Most people have some kind of debt. Whether it’s student loans, credit card debt, auto loan debts, a mortgage or something else, you likely have a source of debt that is causing you some stress each month as you work to make payments on it....