According to insights, 29% of business failures are due to a lack of sufficient capital. This is also the second most common reason businesses go under. If your business needs a capital injection, getting a business loan can be a good solution. Business loans hold a number of advantages over other methods of raising capital. However, business loans …
It’s happened. You are busy with a client and a debt collections agent is suddenly on the line. Embarrassing though this may be, you are not alone. According to reports, 28% of Americans have a line of credit that has gone to collections. If you are having to deal with receiving a collections notice in front of …
Research reveals that 79 million Americans have debt problems that are directly related to their medical bills. Does this include you? If so, there are steps you can take to climb out of this statistic. The first one is to create a medical bill payment plan. If you’ve never heard of such a plan, read on. Today, …
Medical debt is hitting ordinary Americans hard. Many people cannot afford their co-pays or coinsurance. Throw in a major surgical procedure and the average person is under financial duress. The fact is over 137 million Americans are struggling with medical debt. They are responding by delaying retirement or even filing for bankruptcy. Some take on credit card …
Statistics from a recent Federal Reserve survey state that 43% of small businesses applied for loans in 2019 alone. It is often said that you have got to have money to make money. Taking out a business loan can provide you with the cash injection you need to boost your business to new heights. However, if business credit starts …
Statistics show that student debt is the highest its ever been, reaching over $1.4 trillion, with the average graduate holding over $29,000 in debt. Other findings reveal that 40% of student loan holders may default on their debt by 2023, over 3 million seniors are still paying off their student loans, and student debt is a common denominator …
According to survey results, 59% of Americans live paycheck to paycheck. Other stats show that this number might be even higher, as much as 74%. What’s more, being stuck in a cycle of hand to mouth isn’t limited to lower-income brackets. Data from Nielsen shows that 25% of families making $150,000+ a year are completely dependant on their next paycheck …
Is your debt causing you to lose sleep at night? If you’re feeling overwhelmed by how much you owe, there are many different kinds of debt consolidation solutions you can consider. While each of these can help you get back on your feet, there might be one course of action you aren’t considering: simply contacting your creditors …
In 2017 alone, 70 million Americans had to deal with debt collectors. Debt collectors also estimate contacting consumers more than 1 billion times per year. If you have any debts that are with collections, then you know how stressful and invasive dealing with debt collectors can be. Debt, in general, is shown to have negative impacts on both your mental and …
According to reports, the average American has round about $38,000 in personal debt. Is this a lot? Or is it manageable? How much debt is too much? Utilizing credit and lending facilities can often add to your quality of life and your prospects. Taking out a student loan or borrowing money to start a business might be the …
*Debthunch offers some of the smartest debt consolidation solutions available through our national network of licensed consumer finance partners that provide a diverse array of specialized financial products and services. Licensed consumer finance partners we match you with may not be able to extend credit if after your application they determine you do not meet the criteria required to be approved for a debt consolidation loan. Financing approval may be subject to a variety of factors including, but not limited to, age, credit history, credit score, acceptable income, debt-to-income ratio and collateral. Interest rates, Annual Percentage Rate (APR) and payment terms may be determined based on the above factors. Debt consolidation loans may not be offered in all states. Debt consolidation loan interest rates may range from 5.25%-29.99% APR and loan terms may range from 12-84 months. Debthunch may match prospective borrowers with financial products and services offered by its network of licensed consumer finance partners. Debthunch does not charge fees to borrowers for its service and does not broker, make or service loans. Minimum loan amount from $15,000. Debt consolidation loans, interest rates and terms may vary by state. Read and understand all agreements and documentation prior to contracting with Debthunch partners for said products and services.
