News & Press Releases

Walking Away from Debt vs. Filing Bankruptcy

September 7, 2021 – By Zina Kumok Walking away from your debt, also known as defaulting, could seem like your best option if you’re struggling to keep up with bills. However, walking away from debt won’t solve all of your problems; the lender can still try to ... Read More »

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Why and How to Build Savings

Boston, MA – August 30, 2021 The pandemic reinforced the importance of saving and building an emergency fund. An unexpected crisis, like the COVID-19 pandemic, can place an entire household’s financial health at risk. National nonprofit American Consumer Credit Counseling, Inc (ACCC) says consumers should learn ... Read More »

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How Nonprofit Debt Consolidation Works

August 11, 2021 – By Susan Ladika If you’re trying to pay off credit card debt but struggling to do it on your own, you might want to consider nonprofit debt consolidation. Nonprofit debt relief companies work with your credit card issuers to lower interest rates on ... Read More »

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Pros and Cons of Debt Consolidation

July 14, 2021 – By Jerry Brown American consumer debt — including mortgages, car loans, credit cards and student loans — reached $14.64 trillion in the first quarter of 2021, according to the New York Federal Reserve. Some Americans are unable to manage the thousands of dollars of ... Read More »

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Brace Your Finances for the ‘New’ Normalcy

Boston, MA – July 6, 2021 The excitement of moving into post-pandemic life – and resuming leisure activities like vacation travel, dining out, and live entertainment – could put consumers at risk of overspending and quickly digging a financial hole.  The national nonprofit American Consumer Credit ... Read More »

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Brace Yourself for the First Fall Tuition Bill

Boston, MA – May 13, 2021 Families of first-year college students should brace themselves for the big numbers in fall-semester tuition bills, and take action early to be prepared with all options for financial aid and student loans. American Consumer Credit Counseling (ACCC) is advising clients ... Read More »

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Best Student Loans for Bad Credit

March 5, 2021 – By Coryanne Hicks Your credit history doesn’t need to be a barrier between you and your education: Even borrowers with bad credit or no credit can find student loans. You may not even need a co-signer, although the backing of someone with good ... Read More »

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How to Stop Student Loan Wage Garnishment

February 8, 2021 – By Reyna Gobel Federal student loan wage garnishment occurs when your employer deducts a portion of your pay to repay your student loan after it defaults. Know that as part of federal Covid-19 relief programs, all federal student loan wage garnishments have stopped until at least ... Read More »

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