Entries by Deanna Aldayyat

How Long It Really Takes to Rebuild Bad Credit 

December 5, 2025 in /by

Rebuilding credit takes time, consistency, and a clear understanding of how credit scoring works. While there’s no overnight fix, most people see steady improvement within a few months, and significant recovery within one to two years. This guide breaks down how long it really takes to rebuild bad credit, what affects your timeline, and the exact steps that speed […]

U.S. Household Debt Reaches a Record High 

November 21, 2025 in /by

American household debt has surged to a new all-time high, raising critical questions about financial stability, consumer resilience, and the broader economic outlook. According to newly released data from the Federal Reserve Bank of New York, total household balances, including mortgages, credit cards, auto loans, and student loans, reached $18.59 trillion between July and September 2025. This marks an increase of $197 billion from the […]

Budgeting When You’re Already in Debt 

November 7, 2025 in /by

Being in debt can feel overwhelming, like a weight that keeps growing no matter how hard you try to get ahead. The good news is that even if you’re already in debt, creating a solid budget is one of the most powerful tools you have to regain control of your finances. Learning how to budget […]

Is Debt Always Bad? When Borrowing Makes Sense 

October 24, 2025 in /by

Debt often gets a bad reputation. Many people associate it with financial struggle, high interest rates, and endless payments. But is debt always bad? Not necessarily. When used strategically, borrowing can open doors to opportunity, growth, and long-term stability. The key lies in understanding the difference between debt that helps you build wealth and debt […]

Debt Settlement vs. Debt Consolidation

October 11, 2025 in , /by

Managing debt can feel overwhelming, especially when multiple creditors, high interest rates, and mounting balances are involved. For those seeking relief, two common strategies often come up: debt settlement and debt consolidation. While both can help regain control over finances, they work very differently and come with their own set of advantages and risks. Understanding […]