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. Bill can be reached at [email protected].
Borrowers who’ve gotten themselves tangled in a charge-off situation face difficult choices. Pay the debt in full? Try to settle for a lesser amount? Run away and hide? “The world…
For those seeking a fresh financial start, Chapter 7 bankruptcy has plenty of upsides. It’s the cleanest, most straightforward, least time-consuming, and least expensive of the various bankruptcy options. The…
When people get married, they often vow to take each other through thick and thin. Bankruptcy can get pretty thick for a husband and wife. Bankruptcy is when a person…
Growing older never was for the fainthearted, but it takes exceptional courage to navigate those Golden Years with dents on your credit report and a need for cash. Chins up,…
Choosing to declare personal bankruptcy can be among the most difficult decisions ever to confront an individual. Tougher still: Having to pick, under unmatched duress, which type of bankruptcy best…
There are plenty of reasons to consider making car loan payments with a credit card — everything from piling up rewards points or cash back, to scoring a bit of…
With President Biden declaring an end to pandemic emergency provisions effective May 11, and states and companies already having rescinded most of their debt collections suspensions, debt collectors are totally…
A bankruptcy discharge is the legal holy grail for anyone who files for bankruptcy. A discharge means there’s a court order in the bankrupt’s case that erases all qualifying debts.…
Debt Relief Programs in South Carolina Those who are struggling to pay off debt in South Carolina can find programs to help through banks, credit unions, online lenders, and for-profit…
Debt Relief Programs in Missouri Missouri residents struggling to pay off debt can find assistance programs at banks, credit unions, online lenders, and for-profit and nonprofit debt relief companies. These…
If you have so much debt that you’re considering filing a Chapter 7 bankruptcy, you have enough debt to qualify. The U.S. bankruptcy code doesn’t specify a minimum dollar amount…
Debt Relief Programs in Minnesota There are banks, credit unions, online lenders, and debt-relief companies (for-profit and nonprofit) in Minnesota that specializes in helping consumers pay off credit card debt. These companies…
A rare silver lining to the Covid pandemic was Americans managed to pay down billions of dollars in credit card debt. Those days have screeched to a halt. Credit card…
Debt Relief Programs in Indiana There are banks, credit unions, online lenders and debt-relief companies (for profit and nonprofit) in Indiana that specialize in helping consumers pay off credit card debt.…
Debt Relief Programs in Wisconsin Wisconsin residents struggling to pay off debt can find assistance programs at banks, credit unions, online lenders, and for profit and nonprofit debt relief companies.…
Debt Relief Programs in Washington There are a number of resources available for residents of the Evergreen State who find themselves in financial peril. Banks, credit unions, online lenders, for…
Debt Relief Programs in Tennessee Tennessee has a number of companies that specialize in helping consumers pay off credit card debt including banks, credit unions, online lenders, and both for…
Debt Relief Programs in Colorado Colorado has a number of companies that specialize in helping consumers pay off credit card debt including banks, credit unions, online lenders, and both for…
Bankruptcy is a legal proceeding that could provide relief when a person can’t repay debts. Consider bankruptcy a legal life preserver for those drowning in debt. Chapter 7 bankruptcy is…
Debt Relief Programs in Maryland Debt relief in Maryland can come from several entities, among them, banks, credit unions, credit counseling agencies (nonprofit and for-profit), and online lenders. The goal:…
While some economic indicators suggest America is inching toward steady fiscal growth, a growing number of layoffs from companies that range from mom-and-pops to large corporations suggests more problems may…
Here’s an image you no doubt remember from your TV watching childhood: Wile E. Coyote chases the Road Runner across the animated desert terrain. Legs churning frantically, the hungry carnivore…
An enormous shift toward energy independence is on the horizon for the United States, according to the latest International Energy Agency (IEA) report. The forecast, officially released November 12 in…
As the destructive flood waters slowly recede and power is gradually restored along the East Coast following Superstorm Sandy last week, thousands of victims are currently being offered a financial…
The war on drugs suffered a frontline defeat on Tuesday as two states, Colorado and Washington, became the first ones to legalize marijuana use. In as a stunning rejection of…
With Americans casting ballots on the final day of the 2012 presidential campaign, some financial analysts are leaning toward Republican candidate Mitt Romney as the candidate who will boost the…
As millions of Americans head to the polls tomorrow to exercise their democratic right to vote, a host of issues will be on the forefront. Riddled with facts and figures…
With only four days remaining before the 2012 presidential election, President Barack Obama and Republican challenger Mitt Romney, along with many economists, have been anxiously awaiting the November 2012 release of…
So much news, so little time and space. It’s Friday, and the big news is two-fold: release of the final U.S. jobs report before next week’s presidential election and the…
Private sector hiring increased in October as the total unemployment claims, including first-time unemployment benefit claims, fell slightly again, market analysts said. According to the payroll processor ADP, private employers…
Even though the presidential race is in its last full week, campaigning has come to a standstill across America as the east coast recovers from Sandy, a mammoth hurricane-turned-superstorm. Or…
Sandy the Superstorm is still winding its way through the Northeast – it’s the biggest and baddest tempest the heavens have unleashed in a generation. But scientists warn that it…
What if the federal government nationalized the mortgage industry and became the sole originator, servicer, guarantor and holder of all home loans across the country? You know, sort of a…
As Hurricane Sandy creeps toward the Eastern Seaboard at 14 mph, millions of people living in coastal states – especially New York, New Jersey, Delaware and Connecticut – are preparing…
The Consumer Financial Protection Bureau (CEPB) continues to flex its administrative muscles. Beginning in January, the year-old federal agency created in the wake of the recent financial crisis will begin…
The United States Department of Justice sued Bank of America today for more than $1 billion, accusing the company of deliberately generating substandard home loans and selling them to Fannie…
The final presidential debate was supposed to be about foreign policy, but President Barack Obama and challenger Mitt Romney preferred to talk about domestic issues, including a slow-to-recover U.S. economy.
Earlier this year, the federal government, the District of Columbia and 49 state attorneys general negotiated a financial agreement with five of the country’s largest banks: Ally (formerly GMAC), Bank…
As the countdown to Election Day continues, President Barack Obama and Republican candidate Mitt Romney diligently prepare to duel in their final televised debate tonight. Millions of Americans plan to…
The price of an education has risen once again, along with the amount of debt students take on by the time they reach graduation. According to The Institute for College…