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5 Essential Tips for Getting Your Finances on Track in 2016


The New Year is almost here. And while many people may be getting ready for this evening’s festivities, others may be making some longer-term plans to improve their life in 2016. For those who are focused on getting out of debt and improving their finances in the New Year, here are some essential tips for getting on track: Put yourself on a monthly budget – Figure out what you have to spend each month to cover your essentials (including living expenses and bills), as well as your maximum monthly spending limit. Be as detailed as necessary in putting together your [...]

5 Essential Tips for Getting Your Finances on Track in 20162018-02-15T18:18:43+00:00

5 Tips for Keeping Your Holiday Spending in Check


As 2015 winds down, many people are getting ready for the holiday season – and for a lot of people, this will mean spending money to buy decorations, get loved ones gifts, and/or prepare for holiday parties. If you don’t want to go into debt – or into further debt – celebrating the holidays this year, below are some helpful tips for keeping your holiday spending in check. If, however, you need answers now about what you can do to get out of debt, contact a Denver Bankruptcy Lawyer at Garcia & Gonzales, P.C. How to Reign In Your Holiday [...]

5 Tips for Keeping Your Holiday Spending in Check2018-02-15T18:24:33+00:00

4 Places to Look for Errors on Your Credit Report


Your credit report details your debt obligations and repayment history, among other things. Consequently, this report usually serves as one important factor in determining your credit score, which can be central to your purchasing power and borrowing opportunities. Unfortunately, however, not all of the information on credit reports is always up to date or accurate. And, in some cases, this inaccurate information can negatively impact you and/or your credit score. Common Credit Report Mistakes Although mistakes can appear on credit reports for a number of different reasons, when they do, they often take the form of: Wrong personal information – [...]

4 Places to Look for Errors on Your Credit Report2018-02-15T18:27:32+00:00

FAQs about Colorado Payday Loan Laws


Payday loans have a bad reputation for a good reason – they target people who are already struggling with debt, enticing them with “easy” but very expensive access to a chunk of money quickly. This is why payday loans are often called predatory loans – and why Colorado legislators have put some laws in place to regulate payday lenders and better protect consumers. Delving deeper into this topic, below, we have answered some commonly asked questions about Colorado laws pertaining to payday loans. What Consumers Should Know about Colorado Payday Loan Laws Q – What are the maximum loan amounts [...]

FAQs about Colorado Payday Loan Laws2018-02-15T18:31:59+00:00

5 Steps to Prioritizing Your Debt


Debt can easily snowball with overspending and/or a lack of a budget. For those who are struggling with debt and are ready to start taking action to reduce it, however, the first step can be to prioritize all of their debt obligations. This can help people develop the best plan for starting to aggressively pay off their debt and save the most money possible in the process. How to Prioritize Your Debts List out all of your current monthly debt payments – Be sure to include debts like mortgage and car loan debt, as well as credit card debt, student [...]

5 Steps to Prioritizing Your Debt2018-02-15T18:33:40+00:00

4 Signs It’s Time to Contact a Bankruptcy Attorney


Many people struggle with debt every now and again. While some people are able to turn their financial situations around and climb out of debt, however, others may face ongoing debt issues. Knowing when to take action and consider filing for bankruptcy, however, can help people avoid complicating their debt situations. And it can help them get the financial fresh start they need as soon as possible. Strongly Consider Consulting with a Bankruptcy Attorney If… Sign 1 – You haven’t been able to pay your essential bills for a few months or more. Money can be tighter for a lot [...]

4 Signs It’s Time to Contact a Bankruptcy Attorney2018-02-15T18:38:52+00:00

5 Tips for Paying Off Your Credit Card Debt


The average household that is carrying debt owes about $15,800 in credit card debt. While credit card debt may not be more important to pay off than your other debts, focusing on getting this debt paid will be crucial to: Reducing your overall debt obligations Freeing up additional funds that could be put towards other debts Improving your overall financial situation. Below, we’ll reveal some of the most effective strategies for paying off credit card debt. When You Are Ready to Pay Off Credit Card Debt… 1 – Calculate what you can afford to pay towards this debt monthly. In [...]

5 Tips for Paying Off Your Credit Card Debt2018-02-15T18:47:38+00:00

Break these 4 Bad Habits to Start Improving Your Finances Now


When you want to get your finances back on track, trying to earn extra money can be one option. However, if you aren’t able to effectively manage your money, earning more may not be the solution you need – especially if you end up experiencing a drop in income at some point in the future. Instead, a better idea can be to change your financial habits, helping you to become more fiscally responsible so you can make more permanent improvements to your overall financial standing. Bad Financial Habits to Put a Stop to 1 – Paying your bills late. Are [...]

Break these 4 Bad Habits to Start Improving Your Finances Now2018-02-15T18:50:12+00:00

How to Pay Down Debt: 6 Tips (Pt. 3)


Ending our blog series How to Pay Down Debt: 6 Tips, below is some more helpful advice that can facilitate the process of paying down debt. How to Pay Down Debt: More Helpful Advice Tip 5 – Avoid running up new debt while you pay down your current debt. Although this tip to pay down debt may seem obvious, the journey to get out of substantial debt can be long, and new lines of credit can be enticing, especially when these credit lines offer no-interest periods or when you may need to do some extra spending (such as around the [...]

How to Pay Down Debt: 6 Tips (Pt. 3)2019-02-20T15:16:48+00:00

How to Pay Down Debt: 6 Tips (Pt. 2)


Resuming How to Pay Down Debt: 6 Tips (Pt. 1), here, we will reveal some more essential things to keep in mind as you focus on reducing and eliminating your debt obligations. How to Pay Down Debt: More Essential Tips Tip 3 – Pay more than the monthly minimum on at least one debt. This is a crucial tip to remember if you truly want to pay down your debt. The reason is that, if you only end up paying the minimum monthly payments on all of your debts: You’ll never end up making any real headway in paying down [...]

How to Pay Down Debt: 6 Tips (Pt. 2)2019-02-20T15:18:37+00:00