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consumer debt

How to prioritize debt payments in the pandemic

February 3, 2021 By Liz Weston

A singular crisis has led to extraordinary relief options for borrowers. Interest and payments have been paused on federal student loans. Homeowners can request nearly a year of mortgage forbearance. Credit card issuers and other lenders dramatically expanded hardship programs.

Still, many Americans say they took on more debt last year because of the pandemic, according to NerdWallet’s household debt survey.

If you are one of them, or if you have other household debt that’s been put on hold, you may not want to rush to pay that money back even if you can. In my latest for the Associated Press, how to be strategic when dealing with pandemic-related and other debt.

Filed Under: Liz's Blog Tagged With: consumer debt, debt, pandemic

Tuesday’s need-to-know money news

February 2, 2021 By Liz Weston

Today’s top story: 3 things to know if you’re new to gig work. Also in the news: How to craft smarter money goals in 2021, the do’s and don’ts of getting and using a paycheck protection program loan, and 5 steps you can take to pay off consumer debt.

3 Things to Know if You’re New to Gig Work
To the IRS, you’re a small business.

How to Craft Smarter Money Goals in 2021
The pandemic has changed everything.

The Do’s and Don’ts of Getting, Using a Paycheck Protection Program Loan
Best practices that can help small businesses owners get their PPP loan funded and forgiven.

5 steps you can take to pay off consumer debt
Creating the right plan.

Filed Under: Liz's Blog Tagged With: consumer debt, debt, gig work, money goals, pandemic, paycheck protection program loan, tips

Tuesday’s need-to-know money news

January 14, 2014 By Liz Weston

Today’s top story: Ten ways to fix the student loan crisis. Also in the news: Questions to ask before you retire, simple things you can do to boost your credit score, and the resolutions every indebted consumer should make. Health claim form

10 Ways to Fix Student Loans in 2014
Actions Congress can take to help solve the student loan crisis.

7 Questions to Ask if You Plan to Retire this Year
What you need to know before putting in your papers.

What’s the Simplest Thing I Can Do to Boost My Credit Score?
Boosting your score can be surprisingly easy.

The 4 Resolutions Every Indebted Consumer Should Make in 2014
You’ve got work to do.

How to Get Your Insurance Claim Paid
Steps you can take to help speed along your claim.

Filed Under: Liz's Blog Tagged With: consumer debt, Credit Scores, debt, insurance claims, resolutions, Retirement, Student Loans

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