Sooner Partners Reviews for Debt Consolidation

Sooner Partners

In a perfect world, you’d always have your debt under control. Unfortunately, this area of your finances can quickly spiral out of control. Should that happen, it’s critical that you take immediate action to rectify the situation.

Through debt consolidation, you can better manage your debt load all while saving money. And that doesn’t even take into consideration the peace of mind it’ll bring.

Sooner Partners & FAQs for Consolidating Your Debt

Who Is Sooner Partners Exactly?

You don’t have to look any further than the Sooner Partners website homepage to understand what the company offers consumers. Here’s a short snippet:

Sooner Partners knows that today’s world feels more insecure than ever before. Sooner Partners does not feel that you should be insecure about your money or bills. Financial security is easy to achieve with our low interest rate debt consolidation loan.

In other words, Sooner Partners is in the business of helping people like you improve their financial circumstances through the use of a debt consolidation loan. 

What is Debt Consolidation?

Debt consolidation is a form of refinancing that entails taking out one loan to pay off others.

For example, you may be interested in how to get a debt consolidation loan, as this allows you to use it to pay off several other loans. When you do this, you’re left with one loan that’s simple to manage. Furthermore, since you’re only paying interest on one loan, you’re able to save money. 

How Does the Debt Consolidation Process Work?

Does debt consolidation work? Does it make sense to take the time to learn more about the process?

It’s natural to have some concerns about consolidation, especially if you’ve never gone down this path in the past. However, as you learn more about the process and your role, it’ll become clear that you should at least give it a closer look.

The process will vary slightly from one individual to the next, but here are some of the basic steps you’ll take:

  • Tally all your debt, making note of both the type and balance due
  • Decide how you’ll consolidate your debt, such as with a debt consolidation loan, home equity loan, or balance transfer credit card
  • Find a reputable lender with great customer service and a competitive interest rate
  • Complete an application and wait for a final decision

Once you take these steps, you can decide if now is the best time to move forward. You don’t have to proceed on the spot, but you now have the information you need to take action when necessary. 

How Can Debt Consolidation Affect My Credit?

Any time you’re making such a big financial decision, you should consider the impact on your credit report and credit score.

For example, if you want to learn how to consolidate debt with bad credit, you’re likely hoping to boost your score through the strategy you employ.

There are both pros and cons of debt consolidation as it pertains to your credit. Some of the benefits include:

  • Improved payment history
  • Lower credit utilization ratio

Both of these things will work in your favor.

Conversely, there are some things about debt consolidation that may concern you, including:

  • Lower average age of credit
  • New credit account
  • New credit applications

Compare the good and the bad to ensure that you’re making the right decision at the right time.

Families ask if debt consolidation is a good idea

Is It a Good Idea to Consolidate My Debt?

Is debt consolidation good? Do you know what the best debt consolidation loan looks like?

If you’re on the fence about consolidating your debt, it’s critical that you learn more about the benefits. These include but are not limited to:

  • One payment per month: It’s challenging to manage multiple debt payments, especially if you’re in a tight financial spot. After consolidating your debt, you’re left with one payment per month. That’s just about as easy as it gets in regards to managing your debt. 
  • No more debt collectors: There’s nothing worse than hearing from collection agencies, day in and day out. Debt consolidation can bring this to an end, as you’ll pay off your debts in full. What you’re left with is a single loan payment. As long as it remains current, you don’t have anything to worry about in regards to debt collectors. 
  • Save money on interest: There’s a lot to like about debt consolidation, with the opportunity to save money on interest somewhere near the top of your list. With only one loan—and one interest charge—you can save money month over month. 

These aren’t the only benefits of debt consolidation, but they should help you understand why it could be the right decision. 

How Can Sooner Partners Help With Debt Consolidation?

The more reviews on Sooner Partners you read, the easier it is for you to understand that they have your best interests in mind.

Sooner Partners and debt consolidation go together hand in hand, with the company helping individuals secure a loan that saves them money, eliminates the hassle of managing multiple debts, and provides peace of mind. 

How Can I Apply With Sooner Partners?

Once you’ve read all the Sooner Partners reviews you can find, it’s time to decide what you should do next.

If you’re convinced that debt consolidation will work in your favor, contact the company for more information. 

When you apply with Sooner Partners today, you’ll immediately feel better about the strategy you have in place and the benefits it’ll bring to your life now and in the future. Debt consolidation may be just what you need to regain control of your finances. 

Reviews & FAQs on Harrison Funding

Harrison Funding can help you get free from debt

Did the pandemic cause you to accumulate more debt than you ever imagined possible? Perhaps you experienced a pay cut, lost your job, or suddenly found yourself the breadwinner. Unprepared for an emergency of this magnitude, you turned to credit cards and conserved resources by neglecting critical financial obligations. Now, months later, you’re in desperate need of a debt reduction strategy to get you back on track. 

Look to Harrison Funding for Debt Consolidation

Your credit cards are all but maxed out. When you can afford to pay the minimum, it does nothing to reduce your debt. Your credit history is ruined, and creditors are on a rampage trying to get your accounts paid in full. You realize that if you do nothing, your financial problem will only get worse. You start looking into debt consolidation practices and stumble across Harrison Funding. 

What Exactly Is Harrison Funding? 

Harrison Funding is a debt consolidation company that assists customers in restructuring their debts. Financial experts work with clients to find a feasible solution to reducing credit card debt. If approved, the agency provides loan options that lump qualified credit card accounts into one. Consumers get the advantage of making one monthly payment and having a loan with lower interest rates, which allows them to pay down their debts faster. 

Debt Consolidation

To further answer the question of, “What is Harrison Funding?” you must have an accurate understanding of debt consolidation. In a nutshell, it’s the process of combining multiple high-interest credit cards or unsecured debts into one. The goal is to save money on interest rates and restructure payments to be more affordable and easier to manage. Companies like Harrison Funding debt consolidation essentially cover your outstanding debts allowing you to repay them at a more conducive rate to your current budget. 

Debt Consolidation & Its Importance

Why should you consider debt consolidation? If you still have to make payments, how does this help your financial situation? Believe it or not, there are many advantages to considering this debt reduction strategy. Let’s say you decide to continue ignoring your credit card debt. You continue using the cards to pay for things you can’t afford. Eventually, you’re going to max out. Interest, late fees, and penalties start to accrue. Creditors begin aggressively trying to collect the debt by selling your account to collection agencies or filing lawsuits. 

As this isn’t something you want to deal with in the middle of a pandemic, working with Harrison Funding seems like the best way to consolidate debt. Lumping your credit card accounts into one payment makes it easier to manage. You have the opportunity to lower your interest rates, which will save you money. More importantly, you avoid adverse collection practices like lawsuits and wage garnishments. Though you still have a monthly payment, it’s less than you were used to paying. The additional funds can essentially be used to cover the cost of expenses during the pandemic. 

Harrison Funding helps you consolidate debt

How to Consolidate Debt

Debt consolidation doesn’t eliminate your financial obligations, but it does make them easier to manage. There are several debt reduction strategies you can use to get back on track. One option would be to earn more money. If you can find another income source, you can use the additional funds to cover your debts. While the unemployment rates continue to fluctuate, there are opportunities to start a side gig to bring in extra cash. 

Another debt reduction practice is taking out a loan. You can apply for a personal loan, borrow funds from your retirement account, or consider a home equity loan or line of credit. These options would give you a lump sum of cash, which you could use to pay your credit cards in full. However, if you have poor credit, this method may not be an option for you. 

How to Consolidate Debt With Bad Credit

If your credit sucks, using a loan, credit card, or line of credit to pay down your debts is nearly impossible. Fortunately, there are other options available. You can work harder to earn more money, contact creditors, and try to negotiate a repayment plan or find ways to cut back on spending to free up cash to make timely payments. 

If you read Harrison Funding reviews, you’ll see that one consumer had poor credit and could still receive assistance. Most debt consolidation companies are aware that applicants don’t have the best credit rating. As such, their eligibility requirements are often more flexible than traditional banks and lenders. 

Can Harrison Funding Help Me Out? 

Wondering if the best debt consolidation company can help you out of your financial situation? If you have a fair credit rating, a stable income source, and the willingness to become financially responsible, Harrison Funding can help. All it takes is a few minutes to apply for Harrison Funding to get the process started. 

Apply With Harrison Funding

If you’re interested in how to apply for Harrison Funding today, it’s simple. Start by reviewing its website to see what they have to offer. Read the reviews for Harrison Funding, the about section, and frequently asked questions to gain better insight into the agency and its services. Then, complete the online application answering basic questions like your name, address, credit card balances, monthly payments, and monthly income. From there, your information is provided to an agent that will contact you to learn more and list your options for debt consolidation. 

Though the nation has started distributing vaccines, the pandemic is far from over. Even after things are considered safe, it could take years for the economy to bounce back from all that has taken place. As such, you want to be financially prepared to handle what comes next. If your credit card debts have accumulated over the past year, now is the time to regain control of your finances. By reducing or eliminating your outstanding obligations, you can use the money to cover the cost of things you and your family need the most. Agencies like Harrison Funding understand your concerns and are available to help you find peace of mind for the new year and beyond. 

Here Are a Few Reasons You Shouldn’t Carry Your Social Security Card

Crime scene tape due to social security card theft

In 1975, American Express reminded you that there were some things without which you should not leave home, their credit card being their main focus. Still, it was a good and useful reminder for a lot of things. Indeed, some things are so important that we really shouldn’t leave home without them. I can’t honestly say that an American Express card is one of them. But certainly, if you have a credit card, bring it with you.

It is also a reminder that there are some things we most certainly should leave home without. You should leave your social security card at home unless you are going someplace where you know it will be needed. Don’t treat it like a default carry. Treat it like a special carry. There are some situations that require a social security card. You will find that many of those places will accept a picture of your social security card.

On the rare occasions you have to carry your social security card, don’t keep it in your wallet. If your wallet is lost or stolen, your social security card will be safe. Otherwise, don’t carry it at all. Here’s why:

Your Social Security Number Is Attached to Everything Important

The one piece of information about you that you don’t want to fall into the wrong hands is your social security number. The last 4 digits can unlock a credit check. All 9 digits unlock everything else there is to know about you. If you are going to lose a card, let it be your credit card. That can be easily and quickly canceled and changed. Your social security number is forever.

If you lose your card, find a good guide on how to report a lost social security card. After contacting the SSA, you should immediately do the following:

  1. Contact your bank.
  2. Reach out to the credit bureaus.
  3. Put a credit freeze on your account.
  4. Establish fraud alerts for further transactions

Lose your credit cards and you might lose some money. Lose your social security card and you lose your identity.

You Can Lose Your Good Credit

There are things debt will stop you from doing. You don’t want to be in debt if you can help it. And that is exactly where you will find yourself if you let your social security card fall into the wrong hands. If you carry your card with you everyday, the risk of losing it far outweighs the reward of having it when you need it.

There is a remarkably short period of time between losing your social security card and having new credit cards fraudulently obtained by thieves. They can even use your current credit cards because they have a key piece of information for gaining access to your account. At that point, you are done. You will spend the next several months fighting fraudulent charges and trying to get your credit rating back up above 500. Once your social security number goes up for auction on the dark web, your credit score goes down in the real world.

A Picture Is Often Enough

There are many situations when a social security card is required. But a substitute will be accepted. A picture of your card is often a good enough substitute because what they want is the information on the card and not the card, itself.

Not only is a picture good enough in many cases, it is more secure. To get to the pictures in your phone, you have to get into the phone. Even with a weak passcode, that can be rather difficult to accomplish. You can keep the picture in notes and lock the note.

There are some things you certainly don’t want to leave home without. And there are other things that you want to leave at home pretty much all the time. Leave your social security card at home because in the wrong hands, it places your identity at risk. It is tied to your credit worthiness, and more secure substitutes will often do the trick. 

Management Tips to Get The Most Out of Your Credit Cards

Couple sitting in the park with credit card

Whether you’re trying to establish or improve your credit history, a credit card is a viable solution. They’re a lot easier to qualify for than a personal loan and can be used as many times as you’d like to make purchases (as long as you continue to pay down the balance). However, all too often, people obtain credit cards and mishandle them, resulting in an accumulation of debt and poor credit history. 

Essentially, the most effective way to reap the benefits of being a cardholder is to be financially responsible. Whether this is your first or fifth credit card, the tips listed below can make credit cards more comfortable to manage. 

Select The Right Card

Not all credit cards are the same. As such, it is essential to do research to determine which is best for you. More than the credit limit, you want to apply for a card with low-interest rates, minimal fees, and perks or rewards programs that you can use to your advantage. 

Review Paperwork

It’s exciting to receive an acceptance offer from a credit card company. However, keep in mind that accepting this offer is like going into a contract with the creditor. In exchange for a line of credit, you agree to repay the balance in full, along with any interests and fees. So, before signing on the dotted line, however, you should review all the paperwork. You want to ensure that you’re aware of what you’re getting into. 

Develop a Management System

To be a responsible cardholder, you must develop a system to keep up with your accounts, due dates, and payments. When you’re unaware of what you’re spending, when payments are due, and how much is owed, you run the risk of missing payments. Missed payments then lead to late fees, penalties, accrued interests, and a negative credit rating. 

Fortunately, there are several strategies and tools to manage your credit card accounts. You can install a debt payoff app that can assist you with payment reminders, automatic payments, and late payment protections to keep your accounts in order. You can also use debt management apps, calendars, and automatic bill pay services through your local bank. 

Make Timely Payments

It can’t be stressed enough how important it is to pay your credit card bills on time. Review your card statement to identify the due date. Then set up automatic payments or put a reminder in your calendar to ensure they are paid by that date. If you’re short on funds for one month, at the very least, you should pay the minimum amount to avoid late fees and poor credit ratings. 

Keep a Reasonable Balance

Just because you have a credit card with a $1,000 limit on it doesn’t mean you should spend the entire $1,000. Most account holders fail to realize that the utilization rate is a factor used to calculate your credit score. A utilization rate is how much you owe compared to your card’s credit limit. Lenders and service providers use this information to determine your ability to handle your bills. Keeping your credit card balance at 35% or lower is advised. So, if you have a $1,000 credit limit, you try and maintain a balance of no more than $350. 

Make Informed Purchase Decisions

When you have an extra few hundred or thousand dollars, it can be tempting to spend it on things you really want. What’s important to remember, however, is that you have to repay the balance with interest. While you don’t have to pay it upfront, the interest and fees accrue over time, increasing your outstanding debt. You could spend years trying to pay off that flat-screen television or that new wardrobe you purchased. So, it’s best to make informed decisions when using a credit card. If it’s not something you can repay in a few months, chances are you should wait. 

Credit cards can be a real gem when used correctly. They can be the foundation for establishing credit, enabling you to acquire anything from loans to affordable car insurance without an issue. To reap the benefits of credit cards, you must manage them responsibly using tips like those provided above. 

How One Man Conquered a $50K Debt in 5 Years

A case full of money

For most of my adult life, money was a topic I never discussed. When I would go out and socialize with friends, I was the person who would pull out their credit card and cover the bill. When I would travel to a location and see something that caught my eye, I’d whip out that plastic card faster than you could say ‘booyah!’

But as the years mounted and I became wiser, the bills started rolling in. There were even months where I couldn’t pay the minimum on my cards and this, ultimately, crushed my credit score. 

Then, one day, I hesitantly sat down with a financial advisor to see the damage I had caused myself after decades of undisciplined spending; I was over $50,000 in debt! To say that I was embarrassed by my behavior would be an understatement. Although this may sound like a recipe for disaster, I can safely say that I am currently debt-free and living life on my terms. If you’re interested in how I did it, you’ll want to keep reading.

Initial Momentum

Although debt is one of the most black-and-white topics you could ever discuss, paying it off is a game of managing your emotions and internal monologue. Often, when we get our paycheck deposited into our bank account, our initial inclination is to hit the mall, buy some clothes or look at holiday deals for new cars. 

The area I struggled with the most when lowering debt was allocating resources to an account that I would use to target my issues. If you want to pay your debt off as I did, start by visiting your bank or credit union’s website and opening a secondary account. It helps if you can find banks with no overdraft fees.

From here, I set up my pay so that a portion of every check I received was placed into that account. Then, I used auto-pay services so that each bill was paid, in full, at the same time each month. When money was out of my sight, and it wasn’t easily accessible, my mind adjusted to living below my means. Over the years, this paid off big time!

The Avalanche Method

For me, the avalanche method was a lifesaver. Without going into the technical details behind the method, financial experts found the most effective means of paying off debt was by targeting areas with the highest interest rates first.

Once you target the high-interest debt, you set up your accounts on the other debt to make the minimum monthly payments. With the remainder, you tackle the area with the highest rate. Although the total debt amount of that area may not be the highest, it saves tons of cash that can be applied to other debt areas.

Motivation

Humans are creatures of habit and need incentives to keep moving forward through difficult times. Knowing this, I began rewarding myself when I would make a payment on my debt.

I spent my weekends and spare time researching podcasts and videos about families that had finally pulled themselves from debt. In combination with that, I hung up motivational posters and quotes around my home that dealt with wealth creation. And on special occasions, I would treat myself to a cheap reward such as a movie or a discount t-shirt from a store. These purchases were made with cash and never tapped into my financial plans.

Although you and I are different in many ways, we both need to stoke the motivational fires from time to time. Realize that a debt-free life is possible by getting creative with your motivation!

Final Words of Advice

Once you successfully pay off your debt, breathe a sigh of relief and pat yourself on the back. Many people never put in consistent effort to work towards a better life, not only for themselves but for their family and loved ones. 

It’s crucial that you remember the behavior that got you into this predicament in the first place. While you may have new lines of credit open up to you, avoiding the vicious cycle of debt is the key to financial success and wealth creation. Do what I did: start small, plan for the future, and maintain consistency. If you use the tools and tactics I implemented to get out of debt in 5 years, you can’t go wrong!

6 Ways to Make Ends Meet When You’re Living Paycheck to Paycheck

A girl who is stressed out because of finances

Chances are, you are not the only person living paycheck to paycheck. As a result, it can be challenging to account for emergencies. For instance, what happens when an unexpected expense comes up?

 If you are not careful, such expenses can send you into debt or turn your finances upside down. 

If you are not earning a lot of money, waiting for your next paycheck can be stressful. It is even more worrying, trying to figure out how you will pay your monthly bills.

Most individuals who live paycheck to paycheck are not aware they do. It is because they have a backup plan in case their money starts to get low. Below are signs that you are living paycheck to paycheck: 

  • It is challenging to pay off your credit cards every month.
  • You exhaust your paycheck before the next one arrives.
  • You have to use your savings to pay for necessities. 
  • You often max out your credit cards. 
  • You often borrow money from friends and relatives.
  • It is impossible to control your impulse spending.

Fortunately, there are several ways to ensure that you manage your money correctly, stay out of debt, and have a better financial future. Here are ways to makes ends meet when you are living paycheck to paycheck. 

Have a Side Hustle 

Having a side hustle is one way to make ends meet when you’re living paycheck to paycheck. If your nine to five job isn’t paying much, you need to consider other options. 

For example, you can work as a security guard, a copywriter, a taxi driver, etc. Remember, you will still have to go to work the next morning; therefore, ensure that you start a side hustle that isn’t exhausting or time-consuming. 

Ensure that you use the money you earn from your side hustle to pay your bills and debts and to get back on track.

Have a Budget 

Having a budget will help you control how and where you spend your money. First things first, you need to figure out how you spend your money each month. As a result, you will identify the areas where to cut back.

When budgeting, it is important to be realistic. It is almost impossible to stick to a strict budget. If you notice certain areas aren’t working for you, do not hesitate to make the necessary changes. In the long run, you will stay out of debt and have enough to cater to emergencies. 

Avoid Using Credit Cards

Debt is probably the reason why you are living paycheck to paycheck. You spend most of your money paying high-interest rates. Therefore, to make ends meet, you need to get rid of any debt that you may have. The best way to do so is to avoid using credit cards.

It is advisable only to use credit cards during an emergency. If you do, ensure that you repay as much as you can afford every month. 

Find Cheaper Alternatives

You do not have to sacrifice everything that makes you happy to make ends meet when living paycheck to paycheck. Instead, find cheaper alternatives for the same. Doing so is arguably the best way to cut back on your spending. 

Think Of Downsizing 

One of the reasons you are living paycheck to paycheck is that you live beyond your means. If you have more houses than you can afford or are driving an expensive car, you need to consider downsizing. 

You can sell your current car and buy one that fits your needs without leaving you broke. 

Apply For a Personal Loan 

If you find it challenging to make ends meet, a personal loan company like Oportun can help you sort your financial issues as you wait for your next paycheck. However, not all personal loan companies have your best interests at heart. Look for one with fair interest rates and strong involvement in the community.

There are many personal loan options. Therefore, you need to choose the one that concurs with your financial needs. When applying for a loan, ensure that you provide the necessary documents such as a valid ID, proof of address, proof of income, and references. 

The above tips will help you make ends meet even when you are living paycheck to paycheck. Once you learn how to manage your money correctly, it will be easier to pay your monthly bills and account for emergencies. 

The Basics of Buying and Selling Real Estate

A couple who has just purchased a home

In the U.S., real estate has time and again proven itself to be a terrific investment option. Over any ten year period, most real estate owners can safely count on getting appreciation of as much as 50% on their investments. In some cases, the 10-year appreciation number could be significantly higher than that.

If you are looking for ways to create additional wealth, you have to consider investing some of your money in real estate. You can start by being a homeowner. After buying a place for you and your family to live, you might even want to consider getting involved in investment properties. A second home as a rental property often provides positive cash flow in addition to the usual appreciation. 

The following information is going to focus on helping you understand the nuances of buying and selling real estate. For purposes of this discussion, we will limit the focus to residential real estate.

How to Buy a Home

When you start looking for a home to buy, you need to take a serious look at market conditions. That’s a key component to making sure you don’t overpay for the property. It’s important to remember it’s a game. The seller wants as much as they can get while the buyer is looking for a bargain. The intent of the purchase is also key. Is the purchase intended to be an investment or your place of residence?

Once you understand market conditions and your intent, you need to set a realistic budget. You might want to approach this task by getting preapproval for a mortgage at a certain level. From there, you should be ready to begin the search.

While it’s fine to search on your own, you still stand to get the best results through a real estate agent. They understand the marketplace and have access to listings they can use to match up with your home wishlist. Ultimately, they serve as a great time saver. Remember, Realtor commissions are paid by the seller.

When you find a home of interest, it’s important to give the home a thorough going over. If you don’t want to invest time and money in “projects,” you want a home that’s in great shape. If the seller states they are selling a house as is, take them for their word. 

Finally, you must be willing to negotiate. Very seldom is it a good idea to pay the selling price. Unless it’s truly a seller’s market, the asking price should be considered a starting point. Your job is to get the price as close to your target as possible. 

How to Sell a Home

When you go to sell a home, the shoe is on the other foot. You are looking to get the highest price possible. Again, it’s fine to try to sell your home without an agent. However, you would need to invest a lot of time during the process. It would be your responsibility to show the home, negotiate with potential buyers, and do the work necessary to schedule and coordinate appraisals and inspections. In most cases, a Realtor is worth the commission you might have to pay.

As you contemplate selling your house, you are now the one who has to decide if you are going to be the one to sell a house as-is. If you choose to go in this direction, your starting price needs to reflect it. The buyer is almost always going to want enough room to make repairs and upgrade some features.

If you want the highest price possible, you will likely need to make repairs and consider doing upgrades. The key to getting the most “bang for your bucks” is to focus on upgrades and repairs that will add value to the home. Of course, doing minor repairs is a given. Beyond that, every upgrade and repair you make should return some multiple in the form of the selling price. 

As an example, investing $5K to install a pool might look good, but it would only make sense if it would add $10K of value to the home. You should consult with a Realtor before making upgrades and repairs. 

This last point is important. Don’t accept an offer until you feel really good about it. You need to feel satisfied with your decisions. The only exception to this rule is if you are in a desperate financial bind, you might have to settle on less to close the deal faster.