Debt Management

Debt and health care: Uninsured, underinsured struggling with medical bills

The problem with not having health insurance is that you don’t miss it until you need it. PBS reports that 44 million Americans are uninsured, and another 38 million are underinsured, which means they can face thousands of dollars in medical bills if they become ill. Any one of these circumstances can contribute to ruining your credit, your budget and your qualify of life. High deductibles and co-payments cause financial problems for families who cannot afford quality health coverage;  about one third of the uninsured have problems meeting their bills, and this financial pressure causes many without adequate health coverage to put off seeing their doctors and other health care providers until they become seriously ill.

One hospital visit away from bankruptcy: Avoiding crushing medical debt

 It’s important to get the care you need when you need it. Here are

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DIY debt management: Tips for negotiating credit card debt

Long after the holidays have passed, you may find yourself paying off credit card debt. The problem with credit card debt is its high expense and making minimum payments can take years to eliminate your credit card balances. Worse, if you lose your job or become ill, it can become impossible to make any payments. It takes very little time for an unplanned event to trash your finances and ruin your credit.

Credit card debt: Finance charges, account terms hinder debt reduction

Fine print, volumes of paper and busy lifestyles contribute to not knowing credit card terms and costs.

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Types of Debt Consolidation Programs Explained

Are you seeking the assistance of a debt consolidation program to address your debt predicaments? Before you do so, take a break and discover the different types of debt consolidation programs.

Analyze which one is suited for you since these programs vary in their own unique way. From purpose, processes, to their providers, these programs are different from each other. The types of debt consolidation program are Government-based programs, private sector lenders, and credit specialists. Here is a brief introduction of each type to give you an understanding and determine which one works for you.

First in line are Government-based programs. These programs require criterion to entail people to their services.

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Cancelled Homeowners’ Insurance

Hello,
We live in the country in a home over a century year old that we have been slowly remodeling. It has been in my husband’s family for 4 generations. We purchased it knowing that there was a great deal of repairs that needed done. We felt because we had remodeled homes in the past we would be able to accomplish this task. We did not allow for health issues. Big mistake. They hit my husband first and myself about two years ago now.
We had accomplished: a new roof, new woodburner, new chimney, new electric, new plumbing, new windows and doors, insulation, new garage, barn repairs, new kitchen, new bath. The outside of the house still needs some boards replaced and painted.
The issue is that we have little income now. W

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