Blogs

Rebuilding after a Tennessee Financial Crisis

Road to Financial Recovery

“Financial crisis” can mean many things. For an individual, a financial crisis might occur after a job loss or divorce. A serious illness or injury can trigger a financial crisis. Or, simple mistakes may snowball into a crisis, as interest and late fees mount and payments become unmanageable.

How Much Do You Need to Save?

heather-ellis-banksAre you in a financial position to save 90% of your income?

Tax Refunds are Not Showing the Love

heather-ellis-banksIf you have not filed your tax return yet for 2018, you may be in for surprise.  According to the IRS, overall all tax refunds have dropped more than 8 percent during the first week of the tax filing season.  Some of us are bad at saving and use tax refund to do things they normally cannot afford to do during the year.

Warning About Refinancing Student Loans

heather-ellis-banksInternet ads promise huge savings on student loan debt if you consider refinancing with a specific company.  The companies like SoFi, CommonBond, Credible, LendKey and Splash Financial have been under heightened scrutiny by the Federal Trade Commission.

Judgment Liens and Why You Need to Avoid Them

heather-ellis-banksIf you have had debt problems in the past and were sued by the creditor who you owed, chances are they have a judgment against you for the debts.  In some states, including Tennessee, a creditor has several means by which to enforce the judgment.

Looking for a Deal

heather-ellis-banksAmericans are still looking for deals even 10 years after the financial crisis.  The CNBC article written by Lauren Thomas and Lauren Hirsch highlights how lifestyles have changed since the 2008 recession.

Newest Student Loan Scams

heather-ellis-banksStudent loan debt far outweighs credit card and auto loan debt for most Americans.  Because student loans have become such a burden to many people, scammers have found a way to prey on these overwhelmed fears of student loan debt.