This disclaimer (“Disclaimer”) sets forth the general guidelines, disclosures, and terms of your use of the JunkCredit.com website (“Website” or “Service”) and any of its related products and services (collectively, “Services”). This Disclaimer is a legally binding agreement between you (“User”, “you” or “your”) and JunkCredit.com (“JunkCredit.com”, “we”, “us” or “our”). If you are entering into this Policy on behalf of a business or other legal entity, you represent that you have the authority to bind such entity to this Policy, in which case the terms “User”, “you” or “your” shall refer to such entity. If you do not have such authority, or if you do not agree with the terms of this Policy, you must not accept this Policy and may not access and use the Website and Services. By accessing and using the Website and Services, you acknowledge that you have read, understood, and agree to be bound by the terms of this Disclaimer. You acknowledge that this Disclaimer is a contract between you and JunkCredit.com, even though it is electronic and is not physically signed by you, and it governs your use of the Website and Services.Set small, achievable milestones (e.g., paying off one credit card), celebrate progress, and visualize debt-free goals. Use accountability partners or support groups.
If you qualify for a lower-interest consolidation loan, it can reduce your total monthly minimum payment. This frees up immediate cash flow, providing breathing room to start building an emergency fund and break the cycle of using credit for surprises.
BNPL services partition large costs into small, seemingly manageable payments, encouraging impulse purchases and allowing consumers to easily take on multiple concurrent debts that can quickly overwhelm their monthly budget.
Your Payment-to-Income Ratio (PTI) is a personal financial metric that calculates the percentage of your gross monthly income that is required to make minimum payments on all your debt obligations.
Yes. Violations of laws like the Truth in Lending Act (TILA) or state usury laws (which cap interest rates) can lead to legal penalties for lenders.