Advice & Articles

The purpose of debt and credit counseling services is to educate consumers about debt and how to use their credit wisely. Credit counseling includes examining your present salary and living costs and crafting a budget to fit your goals and needs...

The most important thing to consider is your ability to pay off the loan, if you are short of money this pay period will you be short of money during the next pay period (don't forget that you also have to repay the loan out of your upcoming paycheck). Some borrowers notice that once they start with a payday loan they must borrow money the next pay period to meet their obligations and then repeat this (pricey) borrowing cycle again and again for a while...

The first step in constructing a budget is to create notes on how your funds are currently being used up. To keep track of your cash flow correctly, it is better to make note of all the income you have spent for a minimum of week (or two) rather than estimate from memory alone...

Start out by listing all of your monthly income and all of your monthly expenses. If you are spending a fair amount more than you are making you have a big problem that has to be addressed now. To keep yourself out of debt you have to analyze your spending habits and be truthful about it...