My friend Financial Articles wrote an interesting post, here’s a quick excerpt Many people especially the single moms find themselves in a very tough situation after they go through a divorce and overwhelming credit card debts. They are living on one income and they have the responsibility to take care of their kids, monthly expenses and huge amount of debts that they have no conceivable ways of paying off. A few will be lucky enough to qualify for a loan but the majority doesn’t have a home or equity to qualify for a consolidation loan.
For a complete article please read here
Divorce and credit card debt
Tags: divorce, kids expenses, monthly expenses
