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In a wage garnishment, your employer may take money directly out of your paycheck to repay your creditors. You have rights, though, and may be able to find a way to lessen or stop the garnishment. Here's how.
Digging yourself out from debt can be overwhelming, but if you’re a military servicemember, there’s help in the form of the Servicemembers Civil Relief Act (SCRA), which provides a number of valuable protections for you and your finances. Here are some of the most important ways the SCRA can be used to help military families.
As a human resource professional, you understand that holistic employee wellness benefits result in positive outcomes — financially and emotionally — for both employers and employees. You’ve done the research and you’re ready to start a financial wellness program, but you’re not sure where to start. Here's what you need to know.
Summer is the perfect time to review your finances to make sure your bases are covered. Here’s what to look for during your mid-year financial check-in.
If your student loans are in default due to non-payment, you’re going to want to rehabilitate your loans in order to avoid some fairly dire potential consequences. Here’s what you need to know about the loan rehabilitation process.
In August 2022, President Biden announced his plan to provide targeted student loan forgiveness to offset the financial challenges caused by the Covid-19 pandemic. The goal is to offer financial relief to millions of student borrowers. Here’s an update on what’s going on and what to do.
What's the right amount of life insurance coverage for you? Let's break down how life insurance is used, how its cost is calculated, and how you can figure out how much you actually need.
One of the best ways to lower your tax bill is to take advantage of applicable tax deductions. Here are the most common deductions, including who qualifies and what they can save you.
These are especially stressful times for those with debt payments that continue to pile up even as the economy stalls. Fortunately, for the 5.2 million people paying on student loans, there is help and hope for a positive outcome. The CARES Act, one of several federal stimulus packages intended to steady the economy and support workers, offers relief for students and student loan borrowers.
MMI offers nonprofit financial education and counseling to Honolulu, HI consumers struggling with debt, budgeting, housing, and student loan concerns.
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