Bill Consolidation vs. Bankruptcy

Which is the better choice?

Due to the overwhelming amount of consumer debt that scores of people take on these days, many, at some point, are forced to make a decision about their financial situation. This decision can often rest on one of two choices: bill consolidation or bankruptcy. Making a choice between these two options isn’t easy and should not be taken lightly. While bill consolidation works wonders for many, some people may actually benefit more from filing bankruptcy. Bill Consolidation Bill consolidation allows you to combine multiple debts into a single loan with one monthly payment. If you have various credit cards and…

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A Discretionary Spending Account

An Overdrawn Account from Stolen Debit Card Information

A few weeks ago, I received an email and text message alert from our credit union, notifying me that someone had stolen my debit card information. They had attempted to run three charges against it, exceeding the available balance in the process. My initial reaction was to get a little upset. How could my card information have been stolen? I am so careful. In my mind, I quickly ran through a laundry list of reasons why this shouldn’t have happened. Checking my wallet; yep, I still have the card. I haven’t left it anywhere; so, it hasn’t been out of…

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