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.

Client wanting to know how often they can file bankruptcy

How Often Can You File Bankruptcy?

By Max Fay | November 23, 2020

The COVID-19 pandemic has drained millions of bank accounts and destroyed thousands of businesses. But it’s expected to be good for one business: bankruptcy. When stimulus payments and forbearance measures…

Couple buying first home in Texas

Texas

By Max Fay | August 12, 2020

If you’re a Texas first-time homebuyer, the process can seem overwhelming and intimidating. The challenges include a tight supply of homes and rising prices. But there’s help available that can…

Bankruptcy form for someone with medical debt

Medical Bankruptcy: What You Need to Know

By Max Fay | July 10, 2020

Medical treatment gets people well. Medical bills make a lot of people sick. Healthcare costs in the U.S. are skyrocketing toward $4 trillion a year. Paying them is so difficult…

Closed sign on small business that declared bankruptcy

Small Business Bankruptcy

By Max Fay | May 18, 2020

While much of the way forward remains murky, this much is certain: Small businesses will be among the casualties of the 2020 coronavirus pandemic. Despite Washington spreading hundreds of billions…

Law books on the types of bankruptcies

Types of Bankruptcies

By Max Fay | May 5, 2020

Deciding to declare bankruptcy may be the most important choice of your financial life. But it’s only the first choice. Picking the chapter of bankruptcy that best suits your situation…

Roadside sign that says Payday Loans

Can Credit Counseling Help with Payday Loans?

By Max Fay | February 27, 2020

When in need of quick cash to pay a bill or an emergency expense, a payday loan is often the easiest place to turn. It is also often the most…

African american daughter hugging her mother in military uniform with balloons

Veteran & Active Duty Military Credit Counseling

By Max Fay | February 24, 2020

Financial problems, it turns out, are bigger stressors among military families than deployment, moving, and separation from family. Service members and their spouses ranked financial stress as their biggest concern…

Portrait of young couple sitting on floor dreaming of future house furnishings

Can You Buy a Home While on Credit Counseling?

By Max Fay | February 20, 2020

People normally enter credit counseling when they are struggling with burdensome debt and need help working through it. In most cases, buying a home and taking on a mortgage isn’t…

Vector of people filling tax form documents using internet services

Cheapest Software to File Taxes Online

By Max Fay | February 14, 2020

If you’re looking to find the best deal on tax filing software, you’ve come to the right place. Let me first explain how the pricing models for most tax companies…

Happy First Time Homebuyer Couple

First-Time Homebuyer Programs

By Max Fay | January 30, 2020

Traditionally, few achievements are more cherished in America than homeownership. We regard the home as castle, shrine, gathering place, and refuge, the bricks, mortar, and timber symbol of our liberty…

30 mortgage paperwork

30 Year Fixed Mortgage

By Max Fay | January 16, 2020

For generations, the 30-year fixed mortgage has reigned, like hot dogs and apple pie, as America’s gold standard. We love it for it’s predictability and affordability. A 30-year fixed mortgage…

Ripping up a timeshare contract

How to Get Out of a Timeshare

By Max Fay | January 7, 2020

Congratulations, you’ve bought a timeshare! If you are like a lot of people, your next move will be trying to get rid of it. Buyer’s remorse grips a lot of…

Law book titled "Bankruptcy vs Debt Settlement"

Debt Settlement vs. Bankruptcy

By Max Fay | December 30, 2019

When you’ve reached the end of your rope, goes the maxim, tie a knot and hang on. Good advice if you have rope left. If not, and if what little…

Serious professional female advisor consulting client at meeting talking having business conversation

Best Credit Counseling Agencies

By Max Fay | November 5, 2019

  Credit counseling agencies are a dime a dozen, but choosing the right agency can feel like a game of Russian Roulette. How do you know who to trust? What…

How to Decide Between Credit Counseling and Bankruptcy

By Max Fay | November 5, 2019

Medical emergencies, job losses and even divorces can turn a solid financial base into mush, forcing you to make gut-wrenching decisions that come with lasting consequences. Get to know your…

Scam warning stamp

Recognizing a Credit Repair or Credit Counseling Scam

By Max Fay | November 4, 2019

Just making a phone call or clicking a link online to a credit counseling or credit repair company should make you feel like you’re one step closer to putting your…

We have listed the pros and cons of consolidating your student loans to help you understand

Should You Consolidate Federal Student Loans?

By Max Fay | August 19, 2019

A college education doesn’t come cheap, as 44 million Americans can attest. Collectively, they have borrowed $1.5 trillion to score a diploma and paying it back hasn’t been easy. About…

Male senior with grey hair and glasses holding social security disability claim form in hand on table

How to Appeal a Social Security Disability Denial

By Max Fay | July 15, 2019

About Social Security Disability Denial If you’ve suffered a catastrophic accident, or endured a harrowing diagnosis, you may be eligible for Social Security Disability benefits. Tread carefully. The path to…

Credit Card Debt Consolidation

How to Consolidate Credit Card Debt

By Max Fay | May 24, 2019

What Is Credit Card Consolidation? Credit card debt consolidation merges multiple bills from multiple card companies with multiple balances and multiple payment dates … and turns them into a single…

Debt consolidation vs credit card refinance

Debt Consolidation vs. Refinancing

By Max Fay | May 10, 2019

Credit cards are amazingly handy tools – they allow you to pay for practically anything in an instant, no checks or cash required, at least not at that moment. But…

Millennial Money logo

College Guide to Buying Computers

By Max Fay | June 12, 2017

Complete reliance on a laptop is one of the most common shared experiences among college students. You stay up late in the library, pounding on your keyboard and thinking to…

Intro To Credit Cards

Credit Cards for Millennials: Terms, How to Apply & Rewards Programs

By Max Fay | April 4, 2017

Credit cards are a hot topic for Millennials. Half of the world tells us that credit cards are pure evil and the other half constantly brags about the “rewards” they…

Roommates Helps You Save

Save Money With A Roommate & How to Find One

By Max Fay | December 15, 2016

We’ve heard all about your roommate nightmares. There’s the guy who walks around in his boxers eating all your leftovers, or the girl blasting Beyoncé at two in the morning…

Millennial Home Buyer Wanted

Why Millennials Aren’t Buying Homes

By Max Fay | December 14, 2016

Data shows that homeownership among millennials is down, but that doesn’t mean they aren’t interested in buying a home. In the last two decades, homeownership in the U.S. has declined…

FAFSA Benefits Students

Changes to FAFSA Benefits Students

By Max Fay | October 25, 2016

You’re a college student, and life feels grand. You have your classes picked out for next semester, and you’ve signed a lease through next year. Everything is falling into place.…

Fan receives large check from super-star to help pay their student loans.

Taylor Swift Sends Check to Fan to Help With Student Loans

By Max Fay | January 14, 2015

It pays to be a Taylor Swift fan. The music super-star recently sent a super fan a large check to help pay off her student loans.  A woman named Rebekah Bortnicker…

Electronics wish list

The Ultimate Holiday Wish List

By Max Fay | December 3, 2012

It’s not always easy finding the right gift for family and friends during the holiday season. Too often we lose touch with the holiday spirit as we fight crowds in…