Staff Writer

Max Fay

Max Fay is an entrepreneurial Millennial whose thoughtful writing shows he has a keen eye on both. Max has a genetic predisposition to being tight with his money and free with financial advice. At 25, he not only knows what an “emergency fund” is, he already has one. He wrote high school and college sports for every major newspaper in Florida while working his way through Florida State University. That experience was motivation to find another way to succeed financially and he has at Debt.org. Max can be reached at mfay@debt.org.

Financial help for teachers

Loan Forgiveness, Grants & Financial Help For Teachers

By Max Fay | May 9, 2019

Teaching is both a profession and a calling. What it is not is lucrative. Few occupations produce so much reward for so little gain. Happily, options are available for managing…

Doctor handing medical loan financing agreement to patient

Medical Loans & Patient Financing

By Max Fay | May 2, 2019

Health is priceless and illness can be very expensive. For a significant number of Americans, the cost of a medical emergency can put family finances in intensive care even after…

Folder with medical bills

Financial Assistance for Medical Bills

By Max Fay | May 2, 2019

Even those with health insurance aren’t immune to medical debt problems. Though the federal Affordable Care Act (Obamacare) expanded the number of people with insurance coverage, little has been done…

8 Alternatives to Debt Consolidation Loans

By Max Fay | April 24, 2019

Taking out a debt consolidation loan is a good strategy for consumers trying to eliminate high interest credit card debt, but there is a hitch to this plan if you…

Woman carrying child with special needs

Financial Assistance for Special Needs

By Max Fay | April 3, 2019

Maybe it was in the maternity ward, when the doctor said, “There’s a problem.” Or after a few years, when you couldn’t help but notice the lack of verbal progress…

Hands clasped together in support of cancer patient

Financial Help for Cancer Patients

By Max Fay | April 2, 2019

Cancer’s devastation is nearly boundless. It threatens lives, terrifies families and drains savings, undermining even the best laid financial plans. But there’s help beyond medicine for those who receive this…

Hand holding green ribbon as symbol of mental health awareness

Financial Advice for Mental Diseases & Disorders

By Max Fay | April 1, 2019

*If you’re currently experiencing a mental health crisis or if you’re considering harming yourself or others, please get help immediately. You can call the free and confidential National Suicide Prevention…

House and calculator with only a little money

Rental Assistance Programs & Organizations

By Max Fay | March 18, 2019

Considering that more than one-third of people in the U.S. are living paycheck to paycheck with no real emergency fund or savings, it’s not surprising that many of us find…

Man filling out paperwork - Home Equity Loan

Home Equity Loans

By Max Fay | January 24, 2019

Need some extra cash? Home equity loans are a convenient, low-cost way to borrow large sums at favorable rates and take care of high-interest debt like credit cards. What’s not…

student loan debt infographic

What is the Student Loan Consolidation Program?

By Max Fay | January 22, 2019

Choose Your Debt Amount Student Loan Help in Minutes By submitting a form, you will be directed to the website of one of our affiliates who specializes in student loan…

Payoff Student Loan Debt

Lower Your Student Loan Interest

By Max Fay | January 14, 2019

If this headline piqued your interest, then maybe the interest rate on your student loan has peaked too. There’s a few things you can do send your student loan interest…

30 mortgage paperwork

Online Homebuyer Education Courses: Your Options

By Max Fay | January 8, 2019

Four of the more popular online courses are HomeTrek, eHomeAmerica, Framework and Alliance Credit Counseling. Here’s a look at the costs and strengths of each program. Posted: January 8, 2019…

During a IRS tax audit - Text on top of people going through paperwork

What to Expect During an IRS Tax Audit & How to Prepare

By Max Fay | December 12, 2018

Slightly more than one million taxpayers faced an Internal Revenue Service (IRS) audit of their individual tax return in 2017, but that accounted for less than 1% of all returns.…

Credit Counseling Session

Credit Counseling

By Max Fay | December 4, 2018

Credit counseling is designed to help consumers avoid bankruptcy and escape living paycheck-to-paycheck. Credit counselors offer advice on budgeting, managing money and other basics of finance. They assist people unsure…

Student loan debt relief paperwork on desk

Student Debt Relief

By Max Fay | November 14, 2018

Consumers are $500 million deeper in debt with student loans than credit cards. So, where are all the breathless commercials and billboards for relief from academic loans like you see…

Two people sitting and discussing their medical student loan debt

How to Pay Off Medical School Loans Faster

By Max Fay | October 17, 2018

Medical school is expensive. To put it in perspective, 2017 graduates with medical school debt owed an average of $192,000, which happens to be the same cost as buying a…

Credit Report Score

Credit and Your Consumer Rights

By Max Fay | September 21, 2018

The lives of American consumers are increasingly like open books: vulnerable to sophisticated cyber-snoopers capable of discovering a great deal about how people save and spend. Yet even as the…

Busy Hospital

Medical Debt Relief

By Max Fay | September 21, 2018

Choose Your Debt Amount Medical Debt Help in Minutes AVERAGE DAILY HOSPITAL COSTS $0 AVERAGE ANNUAL NURSING HOME RATE $0 MONEY SPENT ON HEALTH CARE IN 2016 $0 Trillion Medical…

Handsome lawyer in the law library at the university

Law School Loans: How to Refinance and Consolidate

By Max Fay | August 8, 2018

Jason Thomas went to law school for the money. The student loans never bothered him because he was going to graduate, start practicing law and make a whole lot of…

Credit Reports: Scores, History & Other Credit Report Information

Understanding Credit Reports

By Max Fay | July 16, 2018

If you plan to participate meaningfully in the U.S. economy, it is vital to examine your credit report every year, and understand everything in it. A credit report is a…

Coronavirus scam fraud alert on cell phone

How to Avoid COVID-19 Scams

By Max Fay | November 9, 2020

You don’t have to catch the virus to get harmed by COVID-19. As soon as the pandemic hit, scams arose to take advantage of people’s fears. In 2020, Americans have…

Man filling out application after losing health insurance

I Lost My Health Insurance, Now What?

By Max Fay | November 3, 2020

A pink slip can be a traumatic experience but losing your employer-provided health insurance is nothing short of devastating. Since the coronavirus pandemic erupted in early 2020, tens of millions…

Blocks that spell out wealth tax next to bag of money

Will the Wealthy Be Taxed More?

By Max Fay | October 23, 2020

There has been much talk this campaign year about a “Wealth Tax” and whether it would impact the wallets of middle and lower-income America, even if its name doesn’t. Rest…

Trump and Biden looking at each other

How Biden & Trump Tax Policies Compare

By Max Fay | October 2, 2020

The gap between the presidential candidates on tax programs is Grand Canyon-esque. And that may understate it. President Donald Trump wants to continue the 2017 tax cut, which his campaign…

Paperwork to defer payroll tax

Payroll Tax Deferral: Is It Worth It?

By Max Fay | September 11, 2020

Many American businesses are disregarding President Trump’s order allowing them to temporarily stop withholding Social Security taxes from their employees’ paychecks. The plan, they say, is confusing and won’t produce…

Man deciding whether to consolidate his debt

It’s a Great Time to Consolidate Credit Card Debt

By Max Fay | August 27, 2020

If you’re considering a consolidation loan to sweep away credit card debt and lower your monthly interest payments, do it! There couldn’t be a better time. All you need is…

Document titled Unemployment Benefits

New Federal Unemployment Benefits Proposed in the HEALS Act

By Max Fay | July 27, 2020

If you’ve lost your job due to the coronavirus crisis, your unemployment benefits are likely to decrease very soon. It’s just a question of how much. That will be decided…

Teenager driving a car with his dad

Adding a Teenager to Your Car Insurance Policy

By Max Fay | July 2, 2020

Teens see a driver’s license as a ticket to adulthood and adventure while their parents likely view it as a torpedo aimed at their household budget. The cost of adding…

Hazard sign with dollar sign on it

Hazard Pay for Essential Workers

By Max Fay | June 1, 2020

“You deserve hazard pay for that job!” All of us probably have either said that or someone said it to us, and it’s almost always a tongue-in-cheek expression of sympathy…

Image of rocket boosting your credit score fast

How to Quickly Fix and Improve Your Credit Score

By Max Fay | October 31, 2019

For most, a credit score is background noise in a busy life of more pleasant pursuits. Then we want to acquire something important and expensive — a house, a car,…

Eliminating Debt Without Paying: Fact or Fiction?

By Max Fay | October 3, 2019

Paying credit card bills can feel like fighting a fire. You put out one flame and another pops up. Eventually, you just want to get away from the flames. A…

Elizabeth Warren giving a speech

Democratic Presidential Candidates Plan to End Student Debt Crisis

By Max Fay | July 1, 2019

It’s impossible not to notice that student loan debt has emerged as a big issue in the campaigns for the 2020 Democratic Party presidential nominations. Massachusetts Sen. Elizabeth Warren brought…

Woman stressed about payday loans looks into consolidation

Debt Consolidation for Payday Loans

By Max Fay | March 25, 2019

About 55 million Americans don’t have emergency savings, so it follows that when emergencies happen, they turn to payday loans. Approximately 12 million consumers use payday loans and typically pay…

TV Remote Pointing At Television

I Can’t Pay My Cable Bill: What To Do

By Max Fay | March 12, 2019

Another month, another budget-crippling cable bill. When will it ever stop? The average cable bill is now $103.15 a month and is increasing year after year, despite more competition. What…

Young male student who is looking at a car to buy with a student loan

Dangers of Using Student Loans to Buy a Car

By Max Fay | November 29, 2018

When the federal government handed out the first student loans in 1958, the message was simple: This money is to be used for education purposes, meaning tuition, books, fees, supplies…

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Dorm vs. Apartment: Which is Cheaper

By Max Fay | July 30, 2018

Where to live in college is annually one of fiercest arguments in every household, but if you think you’re going to win a debate between dorms and apartments based on…

Man trying to determine the debt consolidation myths from the truth

The 6 Biggest Debt Consolidation Myths: Know the Truth

By Max Fay | March 14, 2018

If you’re looking for a way out of debt, chances are good you’ve come across the term “debt consolidation” and chances are just as good that everyone you talk to…

Teacher in Classroom with Students

The Future of the Public Service Loan Forgiveness Program

By Max Fay | March 8, 2018

President Trump’s latest budget proposal to Congress calls, once again, for the elimination of the Public Service Loan Forgiveness (PSLF) program. This is the second time Trump has recommended eliminating…

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Millennials Using Side Jobs to Pay Off Debt

By Max Fay | August 2, 2017

In the words of rapper/philosopher Jay Z: “You can’t knock the hustle.” Millennials are having to hustle to pay their student loan debt. Over 44 million American have student loan…

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Millennial’s Car Rental Issues & Alternatives

By Max Fay | June 30, 2017

We can drive a car at 16, vote at 18, drink at 21, but until recently, we couldn’t rent a car until 25. Fortunately for the 25-and-under crowd, those rules…