Debt Therapy

Student loans have become a huge burden on many people in the US. For the last year, forbearance has been a part of the pandemic relief, but now that is ending. So what does that look like? Do you know how much you may owe now? Have you checked when your payments will pick back up? We take a look at the impact of forbearance, options for repayment, and some things to consider as you move forward.

Tis the season...for taxes! And it is important to understand the difference between a tax return and a tax refund. Plus, what does it actually mean if you get a refund? Find out the answers on this episode. And always remember, do what works best for you and your financial journey!

Join us for part 2 of the interview with Mike Cardoza! We review the B-word (bankruptcy) and why the stigma is unnecessary. In many situations, bankruptcy can better your credit and give you a fresh start. 

We also review things to watch out for on your credit report, why your credit report doesn't define you, and more myths surrounding your credit!

This episode on Debt Therapy, we welcome Mike Cardoza with The Cardoza Law Corporation in San Francisco. He is an amazing credit report and rights attorney that has worked both sides of the coin. He specializes in those that have suffered from identity theft, incorrect credit reporting and debt collecting harassments. 

Listen to this episode to learn about disputing your credit accounts and what your rights are when debt collectors reach out! You won't want to miss this education--after all, we all have debt, but just never talk about it!

Everyone thinks it is a cut and dry decision, but it isn’t that simple. Each situation is different. Part of being financially savvy means understanding what works for you and your family.

In this episode, we dive into factors that you should consider when trying to decide to rent or buy. Because let's face it, owning isn't for everyone and neither is renting! 

Things to consider:

Do you know the location and are sure you want to stay for an extended period of time?

Do you anticipate living in the same area for at least five years?

Does your budget allow for covering rent and maintenance (you own it, you fix it)?

Are you buying for the right reasons?

Have you spent time renting to build credit, save for the down payment, and have extra funds to fix whatever may need to be fixed?

Listen to the whole episode for why you should consider these things before committing or passing on a home purchase!