Blog Posts in August, 2017

  • How the Federal Funds Rate Affects Credit Card Debt

    || 17-Aug-2017

    The average American household has more than $16,000 in credit card debt, which could easily become a much larger cost without your noticing. That’s because the federal funds rate, otherwise known as the fed rate, could dramatically change the price you pay to have this outstanding debt. There’s a close relationship between the federal funds rate and the price of credit card debt, and ...
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  • Do I Qualify for Student Loan Forgiveness?

    || 10-Aug-2017

    If you are struggling to pay off student debt, you’ve likely asked yourself whether or not you qualify for student loan forgiveness. There are various programs, most of which are federally funded, that are designed to help qualifying students. Depending on how much you owe, what degree you obtained, and what line of work you currently practice, you may succeed in having your student debt ...
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  • Can a Short Sale Help You Recover Financially?

    || 9-Aug-2017

    Mortgage debt is a major burden, and that weight can be feel even heavier if you’re also underwater on your home (owe more on your mortgage than your home is actually worth). When you find yourself in this undesirable situation you may be wondering what options you have to try and rebuild your financial standing. What you don’t know is you might be missing a valuable one: the short ...
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  • How to Avoid Business Insolvency

    || 1-Aug-2017

    When business slows down or unexpected expenses come up, it can be difficult to stay on top of your minimum payments on loans and business cash advances. Unfortunately, the repercussions for missing payments can lead you to default on your financial obligations, potentially prompting your lender to take legal action against you. At the Law Office of Simon Goldenberg PLLC, we are dedicated to ...
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