When it comes to managing your money, it’s easy to feel overwhelmed: overdue bills, mounting credit card debt, regular “emergencies” wiping out whatever you can manage to save. Even if you put together the right budget and begin digging ourselves out of a hole, a major car repair or a trip to the ER can derail your plans and make things worse. Many consumers faced with insurmountable money challenges may consider bankruptcy as a way to ease pressure and reset their financial
Time and again we hear a familiar story: Tales of hard-working Americans who are overwhelmed by debt, have little or nothing in savings, and are on the verge of disaster when the next emergency strikes. The individuals and families are often stuck in a downward economic spiral due to poor decisions and unforeseen circumstances. Recent studies support what we hear: More than 40 percent of the U.S. population lives in “liquid asset poverty” and 30 percent routinely use non-bank
The Anti-Poverty Coalition of Greater Dallas has asked for our help to show support for the new payday and auto-title lender rules proposed by the Consumer Financial Protection Bureau (CFPB). New data shows payday and similar loans lead to consumers trapped in debt and CFPB's proposed rule aims to help those consumers.
When cash is tight, some people turn to payday and similar loans to make ends meet. Though these loans offer quick access to money, they often carry an aver
One of the ways we’re improving our services at Transformance is by moving from counseling to coaching. Our clients need more than a sympathetic ear and a nod in the right direction; they need a cheerleader, an advocate, a personalized navigator who will accompany them along the journey. Think about your last trip to the gym. Did you maximize your workout by yourself, utilizing all the weight equipment, treadmills and elliptical machines available to you? Probably not. Many h