Staff Writer
Bill Fay
Bill “No Pay” Fay has lived a meager financial existence his entire life. He started writing/bragging about it in 2012, helping birth Debt.org into existence as the site’s original “Frugal Man.” Prior to that, he spent more than 30 years covering the high finance world of college and professional sports for major publications, including the Associated Press, New York Times and Sports Illustrated. His interest in sports has waned some, but he is as passionate as ever about not reaching for his wallet.
Choose Your Debt Amount Advertiser Disclosure Expand Debt.org wants to help those in debt understand their finances and equip themselves with the tools to manage debt. Our information is available…
There’s a saying borrowed from an old blues song about luck. If not for bad luck, the sad reminder goes, there’d be no luck at all. It’s a proverb with…
Differences in Urgent Care vs Emergency Room Costs Services Seeking medical care outside of an office visit to a primary care physician invites a long-term side effect common to the…
If your credit card debt is out of hand, you’ve got plenty of company. After COVID-related stimulus spending helped Americans pay off more than $80 million they owed on credit…
Debt consolidation provides a solution to those dealing with the stress and financial fatigue caused by overspending with credit cards. If you’re using credit cards while struggling to make even…
COBRA stands for the Consolidated Omnibus Budget Reconciliation Act. While that may not sound like it has anything to do with health insurance, it’s actually a federal law designed to…
Have you ever considered saving money (and reducing anxiety) through do-it-yourself (DIY) debt consolidation? If so, you’re in good company. American consumers knocked $180 billion off what they owed between…
If you’re losing the fight with high interest credit card debt, this might be a good time to see if you can qualify for a low interest debt consolidation loan.…
It’s a wrenching experience to witness loved ones suffering from Alzheimer’s disease or dementia, the progressive conditions that destroy memory and other mental functions. For the caregivers, it’s often a…
There is a lot of disagreement about what percentage of marriages that will end in divorce. Fifty percent is a commonly cited number, but some studies suggest the percentage is…
Credit cards can be your best friend – unless you can’t make the monthly payment. Then they can become your worst financial enemy. It’s nice not having to pay the…
If homeownership is the American Dream, then foreclosure is the national nightmare. Foreclosures have increased in 2022, though the numbers should be kept in perspective. That’s because the federal government…
Diabetics find themselves in an increasingly uncomfortable position these days: If the disease doesn’t get them, the cost for treating it will. The average diabetic spends $16,750 a year on…
Bankruptcy could be an option if your financial picture is bleak, but you have to qualify. If you don’t meet certain criteria, you may have to consider alternative debt-relief solutions.…
Whether you’re plotting to leave an abusive relationship, or you’re already gone, know this as part of your way to a better life: Your community has resources to make your…
If you find yourself in a situation where you can’t pay child support, you definitely are not alone. According to the Office of Child Support Enforcement’s 2020 Preliminary Report, which…
The emotional toll of losing a spouse is incalculable. Unfortunately, bereavement is not the only trouble that death brings. It may not even be the most lasting. The surviving spouse…
How would you like to be deemed “judgment proof”? If nothing else, it sounds like a really good designation in life. Judgment proof is a legal term that could apply…
What Is Debt Consolidation? Debt consolidation is taking out a single loan to pay off the combined debt of multiple unsecured loans, meaning things like credit cards and personal loans.…
Bad credit has a negative impact on your day-to-day finances as well as your ability to buy a home or car, rent an apartment, or, sometimes, qualify for a job.…
With a nod to Mark Twain, inflation has replaced the weather as the thing everyone talks about it, but nobody seems to do anything about it. Until now. Not that…
America has turned into a nation of quitters, though that’s not necessarily a bad thing. Spurred by the COVID pandemic, millions of people have joined “The Great Resignation” that’s happening…
The rules governing repayment of federal student loans contain so many nooks and crannies that it shouldn’t come as a surprise that you may have missed one created during the…
The average Joe – not Biden – figures to benefit most from passage of the $1.9 trillion American Rescue Plan. Approximately 145 million Americans will receive a third round of…
Biden wants the minimum wage – currently set at $7.25 an hour – to jump to $15 an hour by 2025. The increases would be phased in at approximately $1.75…
President-elect Joe Biden unveiled the American Rescue Plan, a $1.9 trillion war on the prolonged suffering of Americans hardest hit by coronavirus. Included in his proposal: a fresh round of…
The second COVID-19 relief bill is now law – all 3,126 pages of it. The people in Congress who passed it admit they don’t know what all is in it,…
If you haven’t looked at your bank account this week, now might be a splendid time. The long wait for a second stimulus check from the U.S. government finally is…
A second stimulus check – the financial gift from the U.S. government to help consumers recover from the economic belt coronavirus gave the American economy – needs only a signature…
If the biggest employee benefit you receive is when your company bothers to fill the toilet paper rolls in the employee bathroom, you might not want to read this: Google…
If you are paying on a federal student loan, you probably already know that the government CARES Act has provided benefits that suspends payment and interest requirements through May 1,…
Americans with student loan debt have a $1.6 trillion question on their minds: What would President Trump or a President Biden do about all that money these 45 million borrowers…
The COVID-19 pandemic has created record unemployment, erased profit margins, closed businesses and wreaked havoc on almost every family’s money outlook. It has even affected America’s ultimate get-out-of-jail financial symbol…
Veterans indebted to the Department of Veterans Affairs won a partial payment reprieve this summer that will last at least through the end of 2020. The VA action extends a…
Dorothy surely wasn’t thinking of life in a COVID-19 pandemic when she clicked those heels in the “Wizard of Oz” and opined that ‘there’s no place like home.’ But her…
Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief…
When the House of Representative passed the $3-trillion HEROES Act on May 15, it all but guaranteed that a second stimulus check would arrive for Americans in need of financial help…
The storm is coming. American consumers will be filing personal bankruptcies in record numbers by the end of 2020. That is the projection from bankruptcy attorneys, bankers and other experts…
The phrase “stimulus check” is second only to “coronavirus” or “COVID-19” as something to talk about these days and people are definitely talking. About 159 million Americans have received the…
Everyone knows the old saying: Time flies when you’re procrastinating. Seems like only yesterday we were breezing past April 15 — the traditional deadline for income tax filing — and…