I have enough in savings to completely pay off all my debt in collections (a total of 5 accounts, 3 are the same company). Is it better to pay off all debt at once or to make payment arrangements with the the collection agencies? If I make payments (...read more
Our Turbo blog recently published an article highlighting the top reasons why people are in debt along with suggested fixes and next steps. The five categories include: Not using a budget or trying to track spending Lacking an emergency fund Borrowin...read more
I'm quite upside down in my car loan. I still owe about $7.5k and the car is only worth about $3k. I am bringing home almost half what I was when I bought the car. What exactly are my options? I just can't afford this payment.