The Scary Truth About Paying Down Credit Card Balances

A common question that we hear at LSS is “I’ve got cash temporarily. Should I pay down my credit card debt?” People will come into a sum of money temporarily or maybe get paid more at different times during the year. Think a teacher, construction worker or a seasonal employee. A friend of mine who…
Read More

How To Avoid A House Worth Of Student Loan Debt

Several times a week I get calls from college students (and their parents), asking how they can avoid taking on too much student loan debt. They’re concerned, and no doubt they should be. With student loan debt levels surpassing credit cards for the first time in history this is a concern for anyone taking on…
Read More

The Great “Car Buying” Hoax

We have all been there…hands on the steering wheel, head hung in desperation while your faithful old car engine smokes and sputters.  Your mind is reeling with questions:  How do I get off of this street?  Will I get towed if I leave it here?  How much is this going to cost?  Can I fix…
Read More

The Most Important Step You Can Take When Rebuilding Your Credit

Bouncing Back If you’ve been in trouble with debt in the past, you may not have any intentions of obtaining another credit card ever again.  Although avoiding credit might be necessary until you are confident in your ability to live within a budget; eventually, you may want to take steps to start improving your credit…
Read More

National Protect Your Identity Week Is October 20-27: Do You Know How To Protect Yours?

According to the National Foundation for Credit Counseling (NFCC) Identity Theft has been the number one complaint at the Federal Trade Commission for the past 12 years, and it’s on the rise. Don’t be a victim! Follow the steps below to protect your identity:   Read your credit reports. You have a right to a…
Read More