by Penn Credit Corporation | May 20, 2025 | Accounts Receivable Management, Blog
If you’ve ever avoided checking your credit card statement or ignored a bill hoping it might somehow disappear, you’re not alone. Many people fall into what’s known as the debt denial trap—a coping mechanism where avoiding the reality of debt feels...
by Penn Credit Corporation | May 20, 2025 | Accounts Receivable Management, Blog, Penn Credit Corporation
Paying off debt is a major financial milestone—and one that deserves to be celebrated. But once that final payment is made, many people find themselves asking, “What’s next?” The path to financial freedom doesn’t end when debt is eliminated. In fact, it’s just the...
by Penn Credit Corporation | Apr 15, 2025 | Accounts Receivable Management, Blog, Penn Credit Corporation
Credit card rewards programs promise enticing perks—cashback, travel points, and exclusive discounts—but are they truly helping you save money? While rewards can be beneficial when used strategically, they often come with hidden costs that may outweigh their benefits....
by Penn Credit Corporation | Apr 15, 2025 | Blog, Penn Credit Corporation
Managing personal finances often involves a balancing act between saving and paying off debt. One of the most common dilemmas is whether to prioritize building an emergency fund or aggressively paying down debt. While both are crucial for financial stability, the...
by Penn Credit Corporation | Mar 19, 2025 | Accounts Receivable Management, Blog, Penn Credit Corporation
One of the most common financial dilemmas people face is whether to prioritize paying off debt or investing for the future. Both options have their advantages, and the right approach depends on factors like interest rates, financial goals, and risk tolerance. By...
