Americans Are Finally Paying Off Credit Card Debt — How to Join Them

Americans are finally paying off their credit card debt, and card issuers are scrambling. Here’s how to turn the tables on your credit card companies.

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What Is a Recourse Loan?

In borrowing, there are two types of debts, recourse and nonrecourse. Recourse debt holds the person borrowing money personally liable for the debt. If you default on a recourse loan, the lender will have license, or recourse, to go after … Continue reading →

The post What Is a Recourse Loan? appeared first on SmartAsset Blog.

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Repossession Credit Scores: What You Need to Know

One of the harsh truths of secured loans is that your asset can be repossessed if you fail to make the payments. In the words of the FTC, “your consumer rights may be limited” if you miss your monthly payments, and when that happens, both your financial situation and your bank balance will take a […]

Repossession Credit Scores: What You Need to Know is a post from Pocket Your Dollars.

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