Can’t pay for that doctor’s or hospital visit? A new crop of lenders are springing up to help you out – medical loan companies. ClearBalance, a loan originator and servicer that works with hospitals, counts more than 160 hospitals as clients – up at least 10% since June 2010. Since hospitals cannot legally turn away [...]
Entries from March 15th, 2011
Finance Your Trip to the Doctor’s Office
March 15th, 2011 · No Comments · Your Money
Tags: Capital One·Care Credit·Clear Balance·Health Care·hospital bills·medical collections·medical loans·Smart money
How to Know if Your Canceled Mortgage Debt is Tax Exempt
March 14th, 2011 · 4 Comments · Taxes
Whether it was through a loan modification, short sale or foreclosure, the mortgage debt you have been forgiven does not count as taxable income provided it meets two main qualifications.
Tags: debt·foreclosure·loan modification·Mortgage·mortgage debt·Mortgage Forgiveness Debt Relief Act of 2007·Short Sale·tax exempt·tax exemption
Have You Gotten an STD (Sexually Transmitted Debt) From Your Partner?
March 11th, 2011 · No Comments · Consumer Debt
Heard the new term, “Sexually Transmitted Debt”? Apparently it made the Consumer Phrase of the Day in Time Magazine. This term means any kind of debt you incur unknowingly from your significant other, spouse or partner. So how and when might you pick up a sexually transmitted debt? I can’t even count the number of [...]
Tags: Credit card debt·Credit Cards·divorce·Good Credit is Sexy·identify theft·Joint Debt·partner·Sexually Transmitted Debt·significant other·spouse·STD·Time Magazine
Why (and How) You Should Talk to Your Elderly Parents About Credit Card Debt
March 10th, 2011 · No Comments · Consumer Debt
No one receives more credit cards these days than older Americans. In fact, The New York Times reports the average credit card debt of someone over 65 is $10,235!
Tags: credit·Credit card debt·Credit Cards·creditors·elderly
