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].
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:…
Debt Relief Programs in Arizona In Arizona, banks, credit unions, credit counseling agencies (nonprofit and for-profit), and online lenders can help consumers find solutions or relief to debt. Each offers…
Debt Relief Programs in North Carolina If you need debt relief in North Carolina, banks, credit unions, credit counseling agencies (nonprofit and for-profit), and online lenders can help consumers pay…
Debt Relief Programs in Georgia Relief for debt can be found in Georgia, with several options and/or programs addressing what can be burdensome problem. Credit counseling agencies (nonprofit and for-profit),…
Bankruptcy is a scary word. You might think the worst when you hear, “He’s bankrupt.” You might think, “She’ll be penniless.” You might think he or she will have to…
Bankruptcy World has two distinctly different “Dis-lands.” One, “Dis-charged,” is the magnificent, joyful, cherished holy grail of bankruptcy outcomes. Every bankrupt wants to get through the Discharged finish line —…
Would you be able to pay off your credit card debt, if creditors forgive 40% to 50% of your debt? And agreed to those numbers up front without negotiating? And…
Bankruptcy is meant to give consumers drowning in debt a second chance, which a lot of people who overspent heavily using credit cards, think they need. But if you look…
This is the story for anyone who thinks a bankruptcy is a bankruptcy is a bankruptcy. Not so. In fact, bankruptcies are like Nike sneakers: They come in a variety…
Imagine logging on to Facebook and finding a new message in your inbox. It’s not from a family member or an old friend. Instead, it’s a debt collector asking why…
You may know your credit score, but understanding how you are graded can be a tool to help you raise your score in the future, and avoid repeating the mistakes…
You don’t have to be a millionaire to know what achieving that financial ranking means. Being a millionaire means you have crossed a huge economic threshold. Doors open. Opportunities are…
As the temperature outside drops, your utility bill is on the rise. We get it. It’s cold outside and you want to keep warm and cozy inside, but before you…
Father’s Day is just around the corner and I think it’s time to change the way we celebrate the occasion at the Frugal Man’s house. I think I will do…
There are approximately 2.8 million college graduates this year and 75 percent of them – 2.1 million people – borrowed an average of $35,000 to pay for that diploma. That…
Advertisers have teased American consumers forever with deals too good to be true and today’s boasts are more enticing than ever: Zero-percent financing on a new car and some credit…
If money is causing stress and anxiety in your house, take it easy. You’ve got company. The same thing is happening in the house next door. And the one across…
Most people know their financial footprint in the world, but probably couldn’t tell you their carbon footprint on the planet. Earth Day celebrations, which happen every year on April 22,…
Would you pay your bank $5 a month (or more?) just so you can withdraw money you have deposited there? As absurd as that sounds, a growing number of consumers…
McClary, B. (2015, April 7) Americans Are Overly Confident When It Comes to Finances, Yet Unprepared For The Future. Retrieved from https://www.nfcc.org/press/multimedia/news-releases/americans-are-overly-confident-when-it-comes-to-finances-yet-unprepared-for-the-future/
NA, (2013, January) College Students are Put to the Test: The Attitudes, Behaviors and Knowledge Levels of Financial Education. Retrieved from file:///C:/Users/bfay/Downloads/Inceptia_FinancialAptitudeAnalysis_researchbrief.pdf
http://newsroom.transunion.com/one-third-of-americans-have-never-checked-their-credit-report-reveals-transunion-study
Want to put a smile on your face? Google images for summer vacations and take a look at what’s out there! Beaches, mountains, water parks, national parks, white-water rafting, arts…
In the summer of 1985, I was a sports writer in Tampa and an athlete I used to write about invited me to lunch to discuss a new professional summer…
If you have a college-age child in the house, this will be your reminder that now is not just “tax season”, it’s also “FAFSA season.” The two are very much…
The crisis over credit card use by college students appears to be under control, but another problem with plastic is causing concern. This time it’s debit and prepaid cards and…
There is a significant social, cultural and economic change happening so quietly in America that you may not even be aware of it: Multi-generational family living is back. Multi-what? Multi-generational…
By most accounts, the United States economy had a glowing year in 2014. Unemployment was down, spending was up, housing prices continued to bounce back and gas prices plunged to…
Help is coming for beleaguered borrowers who took out student loans from private lenders. How much help – and how many people actually will benefit from it – is still…
Billy Sexton is not a frugal man. In fact, he chuckles at the idea of cutting corners to save money. “I’m the guy who believes you get what you pay…
Forgive Steve Simon if he doesn’t get swept up in the excitement of the holiday season this year. Simon already knows what he’s getting for Christmas. “Another notice from Navient…
The day of reckoning is fast approaching for annual budgets and it may not be a good one for people who rely on credit cards. Annual bills often collide with…
Get ready America, the Holiday Shopping Circus is rolling into your town again this year and no one is immune from the excitement it generates. Least of all someone with…
What settles arguments in your house: Facts or opinion? That seems like a loaded, but relatively easy question. Facts win, right? Well, sometimes. A study by Dartmouth College suggested that…
Tamara Holleman wants a new car and at first glance, she could easily afford one. Holleman and her husband work in the medical profession, bring home comfortable incomes, live in…