Managing Credit and Debt Archive

Here in Australia our credit card debt has surpassed our general population’s total income by some unbelieveable amount. I can’t remember the exact figures, but when I heard the numbers, I remember they made me …

Secured credit cards are a viable option for those with poor credit histories to re-establish good credit and a better choice than turning ot a subprime lender. They are also often the only viable means for a young person …

Having bad credit is not the end of the world. But it can sure make you wish it was. If you’re laboring under crushing debt, and just can’t pay your bills, it may seem like …

  Debt is a damp and nasty hole that is much easier to fall into than it is to crawl out of. When dealing with debt it is always best to avoid it all together. There …

Small, medium or large? We’re not talking about a coffee cup size, we’re referring to the fact that no matter what your size of business your access to a  business line of credit is the …

Credit cards certainly have advantages to them, and there are a number of ways they can be useful, as long as they are used responsibly.  Credit cards extend credit to those who have a good …

The bottom line when it comes to negotiating credit card debt with a collection agent is to first find out if that debt is with the original lender.  For example, if you have a credit …

Let me preface my answer by pointing out two alternatives. The first is suffering with the burdens of too much consumer debt, harassing phone calls, nearly daily collection letters, and the fear that you can’t …

A lot of people who consider themselves financially sophisticated have been engaging in a rather peculiar practice which has enabled them to get in essence free money by making use of 0% APR credit cards …

The Federal Trade Commission (FTC) maintains a complaint database for consumer fraud and identity theft providing the information to federal and state law enforcement agencies. These agencies utilize the information to track consumer fraud nationally …

Being able to increase your credit score is becoming more and more important as the number of people that default on their accounts rises and the number of methods that a person can use to …

Debit cards can resemble a credit card with some differences. The use of a debit card eliminates the need for written checks as the transactions are handled by electronic means. The money is deducted from …

You filled out your first credit card application with the idea that you would only use it for emergencies. But when you first get a credit card, your emergencies change. Now on your way home …

If you have overspent on credit cards in the past, then you are not alone. This is one of the major reasons that people end up in debt, and it can be especially problematic if …

As more and more people fall victim to the seductive advertising and marketing techniques used by the credit card companies, the amount of unpaid debt owed to such companies is skyrocketing at a staggering rate. …

You worked hard and you have finally done it.  You pulled yourself out of credit card debt.  You will now want to avoid making the same mistakes that drove you into debt in the first …

There are myriad factors at play when someone dies and has outstanding credit card debt. The biggest factor to consider is whom the credit card actually belongs to, as this is a major determinant. If …

Credit cards can be a great tool when used with responsibility.  However, when you become reliant upon credit cards to pay your monthly bills, you may find yourself in a financial hole that is difficult, …

No one can afford to have bad credit these days as it impacts on too many areas of life. Bad credit comes down to having a low Fico credit score, as this is the generally …

Debt has become an increasingly ugly word for many people in recent years, particularly in the wake of the financial collapses of late 2008 and early 2009. While it is good that people are more …

In the current economy, with salary freezes and cuts and, worse so many people entirely without a job, it is necessary to rethink finances. In the boom times, many people were using credit cards as …

Because having good credit is so important these days, many individuals are wondering how to get credit for the first time. Getting credit for the first time can be difficult, depending on the actions that …

Lost or stolen credit card is the worst fear of any credit card holder, and the surge of identity theft in recent years makes all of us even more aware of this danger. According to …

Before applying for a credit card, its important to know a few things. Credit cards can, of course, be dangerous. But they don’t need to be. To better prepare yourselves for the world of credit, …

In these difficult, and uncertain, economic times, it is sensible to avoid debt. Avoiding debt is easier than people may think. You can use some common sense strategies that you can use to avoid getting …

Bad credit is worse than having no credit at all. At least with no credit you start with a clean slate. Repairing a damaged credit rating may be difficult but it is not impossible to …

Do you have damaged credit?  Well you are not alone!  Whether you fell behind paying your bills because of a loss of income due to a lay-off or illness, or any other reason, you can …

Credit card theft is extremely prevalent and recently an extensive credit card cloning operation was uncovered.  As a credit card holder you need to be vigilant.  If your credit card is stolen, it is likely …

Credit Bureaus Playing God at Our Expense Time To Quell Excessive Power Of Credit Bureaus Many people are having credit report problems with Equifax, a.k.a., CSC, Experian and Trans Union.  During the past decade American …

If your bank is customer service orientated, has a favorable credit card policy and a good relationship with you, you may have a reasonable chance of getting a credit card fee waived depending on the …