Credit RiotArticles about recent news.
Key Insights on America’s Debt Debt is a significant aspect of financial life for many Americans. On average, Americans owe $104,215, which encompasses mortgages, auto loans, student loans, and credit card debt. America’s debt load varies by age, credit score, and state, with the largest component being mortgage debt. Breakdown of Average American Debt By […]
In a groundbreaking development, a new ruling now allows for federal student loan forgiveness through bankruptcy, providing relief to borrowers struggling with insurmountable debt. This change is a significant shift from previous policies and could potentially impact millions of borrowers seeking financial freedom. Understanding Federal Student Loan Forgiveness Through Bankruptcy To have your federal student […]
Are you considering buying a new home but unsure whether a townhouse or a condo is right for you? Both offer unique benefits and considerations. To make an informed decision, let’s explore the differences between a townhouse and condo. What Is a Condo? A condo, short for condominium, is similar to apartment-style living. When you […]
You’ve probably seen their commercials. You know the name. Are you wondering how does NerdWallet make money? They do bring in hundreds of millions in revenue each year. Here’s a quick breakdown of what NerdWallet does and how they make money. What does NerdWallet do? NerdWallet stands as a go-to resource hub for individuals aiming […]
We get it, times are tough. Everything is more expensive than it was a few years ago but you aren’t making enough to cover all of your bills. Here we’ll go over what happens if you stop paying credit cards? When it comes to skipping credit card payments, the repercussions can be significant and vary […]
In a world where possessions and material wealth define us, it’s time to reflect on what truly matters in life. The unyielding quest for more, fueled by societal pressures, and the desire to project a certain image, has lead us down a dark road unhappiness. Our fixation on things, our insatiable wants, and our desire […]
Saving earth has become the mission of many, but did you know that saving the earth can also save you money? Here’s how to save money and save earth. How to Save Money Meal Prepping Plan your meals, buy in bulk, and reduce food waste. This not only saves money on groceries but also minimizes […]
Millions of American’s don’t know how to check their credit score. According to a recent study, as many as 1 in every 5 (or about 20%) wouldn’t know how to check their credit score. And about 1 in 10 don’t know what their credit score is. America has a credit score knowledge problem. And we’re […]