Category Debt

9 SBA Loan Challenges You May Face and How to Overcome Them

SBA or Small Business Administration loans have become a widespread financial solution for small ventures. This government-backed loan system can be considered a life-saver for many due to its favorable conditions, lower down payments, longer periods, etc. Most small entrepreneurs…

What Do Collection Agencies Do That Companies Can’t?

Businesses work so hard to make money. After all the effort to envision, create, distribute, and market a product, the revenue they make afterwards is well-deserved. However, what happens when the money owed doesn’t appear? Companies sometimes devote their own…

When to Say Yes (and No) to a Line of Credit

A line of credit can give your budget a quick boost in a jam, providing you with the financial flexibility to deal with unexpected expenses. But like any financial product, a line of credit isn’t a catch-all solution every time…

9 Reasons Why So Many People Are In Debt

Getting into debt is such a common occurrence in Western nations that it could be considered an epidemic. It can tear couples apart, be a constant source of stress to an individual or even worse. If you are one of…