Odds are, any Michigan resident that is purchasing a home will be signing a mortgage to go along with it. While mortgages are very common across the U.S., it’s important to fully understand the type of debt you’re taking on. What goes into getting approved for a...
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Month: August 2022
What you need to know about credit card debt
There is a good chance that you have used a credit card to buy groceries, gas or furnishings for your Michigan home. Although access to consumer credit can provide you with financial flexibility, it can also saddle you with a balance that can be difficult to repay....
Strategies for paying off your credit card debt
If you have credit card debt, it's important to immediately take steps toward paying it off. Researching your options is the first step to take. Then, you choose what strategy works for your situation. Michigan allows creditors up to six years to collect debts,...
