Staff Writer
Bill Fay
Bill “No Pay” Fay has lived a meager financial existence his entire life. He started writing/bragging about it in 2012, helping birth Debt.org into existence as the site’s original “Frugal Man.” Prior to that, he spent more than 30 years covering the high finance world of college and professional sports for major publications, including the Associated Press, New York Times and Sports Illustrated. His interest in sports has waned some, but he is as passionate as ever about not reaching for his wallet.
If you’re sinking into deeper debt with student loans, the decision to refinance could help you erase the debt more rapidly, while saving lots of money in the process. With…
The GI Bill is arguably the best benefit for veterans and members of the armed forces. It helps service members pay for higher education for themselves as well as for their dependents,…
Fledgling entrepreneurs usually focus on the bright side of their small business plans, not contemplating what to do if revenue nosedived and business taxes couldn’t be paid. Yet tax problems…
When you file for bankruptcy, you should know that this negative mark will stay on your credit report for 7-10 years and its immediate impact will be a 100-200 point…
What Does a Bankruptcy Attorney Do? The word bankruptcy is so fraught with negative images that consumers tend to forget the real purpose behind filing: A) It provides protection from…
Think of government as an engine and taxes as fuel. If you don’t fuel an engine, it won’t run, and if you don’t pay taxes, government can’t do the important…
The United States spends twice as much on health care as the rest of world’s developed nations. In fact, 18% of our gross domestic product (GDP) each year goes to…
Retirement often starts with high hopes and good health and, for those who saved, a paid-off home and money for travel. But there’s a 900-pound gorilla hiding just beyond tomorrow…
Hiring a military veteran isn’t merely a noble gesture. It’s a sound business decision for companies looking for a tax break or tax credit. Owners just need to take advantage…
Landing an extraordinary home loan probably isn’t anyone’s top reason for enlisting in the armed forces, but since the end of World War II more than 22 million active military…
For those pursuing a life in the United States military — Army, Navy (including the Marine Corps), Air Force, Coast Guard or Space Force — gaining and keeping a security…
Poverty is the human condition of being unable to obtain or provide a standard level of food, water and/or shelter for you or your family. It exists in every country…
Death and taxes are life’s two great certainties, but every year a sizeable number of people who owe the Internal Revenue Service act as if they don’t grasp the maxim.…
Curabitur arcu erat, accumsan id imperdiet et, porttitor at sem. Curabitur aliquet quam id dui posuere blandit. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Call Now: (888) 454-2316 –…
Most people know more about the Chinese alphabet than the U.S. bankruptcy system. The most common filings are Chapter 7 or Chapter 13, though other options can add to the…
Inflation went on a rampage in 2022 as the economy staggered to fully recover from the COVID-19 pandemic, so the last thing anyone needs are crushing medical bills. Unfortunately, many…
Debt-relief programs offer consumers a pathway to financial freedom. These programs can help consumers deal with overwhelming debt in a number of ways, with each one offering a slightly different…
For peer-to-peer lenders, the Great Recession was manna from heaven. When banks clamped down on lending to all but their best-heeled customers after the 2008 global economic meltdown, fledgling peer-to-peer…
Consumer rights sound like it would be a given in America, but it wasn’t until the 1960’s that the government first acted to protect consumers. It started with the Consumer…
While the high cost of health care in America is a source of heated and enduring debate among politicians, policy wonks and cable news talking heads, most of us just…
With a nod to Mark Twain, inflation has replaced the weather as the thing everyone talks about it, but nobody seems to do anything about it. Until now. Not that…
America has turned into a nation of quitters, though that’s not necessarily a bad thing. Spurred by the COVID pandemic, millions of people have joined “The Great Resignation” that’s happening…
The rules governing repayment of federal student loans contain so many nooks and crannies that it shouldn’t come as a surprise that you may have missed one created during the…
The average Joe – not Biden – figures to benefit most from passage of the $1.9 trillion American Rescue Plan. Approximately 145 million Americans will receive a third round of…
Biden wants the minimum wage – currently set at $7.25 an hour – to jump to $15 an hour by 2025. The increases would be phased in at approximately $1.75…
President-elect Joe Biden unveiled the American Rescue Plan, a $1.9 trillion war on the prolonged suffering of Americans hardest hit by coronavirus. Included in his proposal: a fresh round of…
The second COVID-19 relief bill is now law – all 3,126 pages of it. The people in Congress who passed it admit they don’t know what all is in it,…
If you haven’t looked at your bank account this week, now might be a splendid time. The long wait for a second stimulus check from the U.S. government finally is…
A second stimulus check – the financial gift from the U.S. government to help consumers recover from the economic belt coronavirus gave the American economy – needs only a signature…
If the biggest employee benefit you receive is when your company bothers to fill the toilet paper rolls in the employee bathroom, you might not want to read this: Google…
If you are paying on a federal student loan, you probably already know that the government CARES Act has provided benefits that suspends payment and interest requirements through May 1,…
Americans with student loan debt have a $1.6 trillion question on their minds: What would President Trump or a President Biden do about all that money these 45 million borrowers…
There hasn’t been much good economic news in 2020, but if you’re buried in student loans, there was an astoundingly positive development recently. Thanks to a recent court ruling, you…
The COVID-19 pandemic has created record unemployment, erased profit margins, closed businesses and wreaked havoc on almost every family’s money outlook. It has even affected America’s ultimate get-out-of-jail financial symbol…
Veterans indebted to the Department of Veterans Affairs won a partial payment reprieve this summer that will last at least through the end of 2020. The VA action extends a…
Dorothy surely wasn’t thinking of life in a COVID-19 pandemic when she clicked those heels in the “Wizard of Oz” and opined that ‘there’s no place like home.’ But her…
Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief…
When the House of Representative passed the $3-trillion HEROES Act on May 15, it all but guaranteed that a second stimulus check would arrive for Americans in need of financial help…
The storm is coming. American consumers will be filing personal bankruptcies in record numbers by the end of 2020. That is the projection from bankruptcy attorneys, bankers and other experts…
The phrase “stimulus check” is second only to “coronavirus” or “COVID-19” as something to talk about these days and people are definitely talking. About 159 million Americans have received the…