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].
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Biden declaring an end to pandemic emergency provisions effective May 11, and states and companies already having rescinded most of their debt collections suspensions, debt collectors are totally…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:…
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),…
The U.S. Senate late Wednesday reached another deal to reset student loan interest rates, but it is unclear when that proposal will reach the floor for a vote. Interest rates…
U.S. Sens. Tom Harkin (D-Iowa), Barbara Boxer (D-Calif.) and 21 other senators sent a letter to the Secretary of State and officials at the Federal Trade Commission and the Consumer…
The United States Senate on Wednesday failed to reverse the recent doubling of interest rates to 6.8 percent on millions of new federally subsidized student loans. While the measure to…
As we approach July 4, the 237th anniversary of our nation’s independence, it’s also worth noting that our country is in its fourth year of a sluggish recovery from the…
The American Dream is the ideal where parents work hard so they can own a home, send their kids to college and watch them grow up into happy and fiscally…
Did you get through college on federal loans or private loans? If you are among the 67 percent of students who needed a loan to pay for a college education,…
One of the ways in which debt-relief companies serve their clients is by negotiating debt settlement agreements with creditors with the goal of reducing the amount of money owed. When done…
As troubling as some of the recent data is regarding the cost of a college education, the evidence is overwhelming that it is money well spent. Even if you had…
The bull run on Wall Street and a continued surge in home prices pushed consumer confidence to its highest level in almost six years. The Thomson Reuters/University of Michigan consumer…
A new proposal in Congress to tackle America’s $986 billion in outstanding student loan debt seeks to refinance high interest rate loans and save debtors millions in interest payments. Sen.…
Is the bank that issued your credit card dunning you for money it says you owe it? It’s possible. There’s nothing wrong with them trying to get it, as long…
Today, more and more attention is being paid to the $1.1 trillion in outstanding student loans owed by more than 38 million American borrowers. That’s because student loan debt now…
The snapshot of the U.S. economy in the first week of May looks unusually promising. Almost every arrow economists want pointing up – home sales, auto sales, stock market –…
Legislation has been proposed to help people pay back student loans, but the bill’s sponsors disagree with doomsayers who say a disastrous economic bubble is brewing over defaults and late payments. Representative…
After years of focusing on paying down debt, American consumers have started opening their wallets to spend again. Both moves helped the economy. Consumers paid down debt, especially mortgage and…
Recent studies delivered another round of warning shots that the U.S. economy is losing a spark from one of its most potent sources – college graduates – because of problems…
The registration of 125 “charitable” websites within an hour of the explosions at the Boston Marathon on April 15 brings light to the issue of charity scams. In what is…
Last week, President Obama submitted to Congress his version of a federal budget for the 2014 fiscal year. And soon, like the half-dozen other budget proposals that have been introduced by,…
American consumers are a step slow in accepting the news that the U.S. economy really is on the mend. Consumer confidence and retail spending dipped in March, while the rest…
April 15 has passed and you know what that means: Somewhere around 140 million taxpayers are hoping they don’t get audited. Not because they cheated, but because they have no…