If you’re looking to deal with your debt, a good place to start is by deciding how to handle any debt collections. Ignoring collections on debts that are still within the statute of limitations could lead to lawsuits. And if you don’t respond to the court summons, you could end up with a default judgment […]
Elizabeth Ayoola is a content specialist with over 5 years of experience who has carved a niche in finance. She graduated with an MA in Environment, Politics, and Globalization from King’s College London.
Throughout the span of her career, she’s written for a myriad of platforms including 247 Money Box, POPSUGAR, and Lifehacker.
Elizabeth started working with Debt.com in 2020 and now specializes in all things debt and personal finance.
You can reduce the impact loss of income has on you finances if you take the right measures. Here are strategies for keeping your finances on track until your income improves.
In honor of Mother’s Day, Debt.com consulted 18 finance experts on the best advice their moms gave them growing up.
Credit is something most adults will use at some point in their lives. It comes in different shapes and forms—credit cards, personal loans, and mortgages are some common examples. Some people stick to a single credit type, but credit bureaus want to see a mix. In fact,10% of your score depends on how many types […]
Your credit score is one of many pillars of your finances. While you can survive without credit, you can go much further with an excellent credit score. This is why people are always looking for tips on how to improve a poor credit score or make an average one better. Experian’s 2020 Consumer Credit Review […]
Credit inquiries appear on your credit report and can even negatively affect your credit score in certain cases. Learn how hard and soft inquiries work and what you can expect when it comes to your credit.
Credit age is a key factor used to calculate your credit score. Learn how it works and how to maintain the longest credit history possible so you can maintain a high credit score.
New credit applications can have a serious impact on your credit score. Learn which credit inquiries affect your score and how to shop for rates the right way to avoid unwanted credit score damage.
Private mortgage insurance (PMI) is often required when you buy a home with a down payment of less than 20%. Learn how PMI works, when you’re required to pay it (and when you’re not), and what you can do to get rid of it.
Credit utilization is the second most important factor used to calculate your credit score. Learn how creditors calculate your utilization ratio and what you can do to keep it below 30% so you don’t negatively affect your score.