Month: August 2017

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Credit cards and the death of a holder

Michigan residents dealing with the aftermath of a loved one's death might have to deal with unpaid debts on credit cards. When someone who was the sole account holder dies, then the creditor could make a claim for the debt upon the estate. Surviving family members...

The consequences of missing different monthly payments

All your bills are flowing in and you are wondering if you are going to be able to afford them. You might be thinking of skipping a payment or two, but which ones? Skipping a monthly payment has consequences, but each one is unique. Missing a cell phone bill is much...

When debt consolidation is not a solution

Michigan consumers who are struggling with certain financial obligations might consider a debt consolidation loan. While this might appear to be a way to get control of debt and lower monthly payments, it might not be a long-term solution because if a person has a...