All posts by Mrs. Accountability

4 Straightforward Reasons You Should Think Deeply Before Filing for Bankruptcy

When people fall into serious financial problems, their minds don’t waste time before running through the  different scenarios of bankruptcy. Many people dread filing bankruptcy because it looks like an admission of failure on your inability to manage your finances efficiently. However, filing bankruptcy is not inherently bad; in fact, bankruptcy might make sense in some instances. For example, people could end in a bad spot financially even they’ve not made irresponsible financial choices. A lawsuit, divorce, or sudden unemployment… Read the rest

How to Use Your Credit Score To Get Out of Debt

Debt is a reality that everyone faces at some point or another. Getting out of debt can be difficult. Using your credit score is one way to climb out of debt without negatively impacting your credit. This guide explains why credit scores are a way to get out of debt, how to actually do it, and ways to manage it. Good Credit and What Impacts a Credit Score Having a good credit score can get you into and out of… Read the rest

5 Ways Not to Succumb to Bad Debt Problems

Few things are more punishing, draining, and soul destroying than debt. Besides for the obvious financial burdens placed upon you, debt assumes a life force of its own. It gathers momentum when it sees that it’s getting the better of you, and quickly builds to apply additional pressures on your limited financial resources. While this oversimplification of debt may aggrandize it a little too much, it is true. Anyone who has ever been in debt understands exactly what it feels… Read the rest

5 Ways to Get Money Without Credit

Trying to get money without credit can be frustrating. But you should never be worried. Lack of credit is a common experience that does not mean one is helpless. It is possible to get money without credit, and here’s how: 1. Obtain a Peer to Peer Loan You can use a peer to peer website to get a personal loan from another individual. However, you will need to prove that you are trustworthy. As a borrower, you will be required… Read the rest