Managing Credit and Debt Archive

Prior to the mass use of credit cards people’s financial habits were largely restricted by the amount of disposable income they had. If an item was needed or wanted it had to be saved up …

The Fair Isaac Corporation is the company the created the FICO score for credit. A credit score can range between 300-850. All three of the credit reporting bureaus (TransUnion, Equifax, and Experian) use a FICO …

A study conducted by Swift Exchange and Colloquy into rewards card programs, reveals that an outstanding $18 billion worth of rewards points go unredeemed in the U.S. each year. The results of the 2011 Forecast …

There are many consumers who are able to use their credit cards wisely, paying off any balance each month, reaping rewards benefits, and keeping their credit score in excellent health. However there is also a …

Debit cards work through essentially the same computer network as the credit card system. The one huge notable exception is that unlike credit cards a debit card is not added to your credit balance of …

I personally know two people who went bankrupt almost exclusively because of their credit cards. Both of them had multiple cards, both of them accepted the constant offers to increase their limits and both of …

The recent financial crisis has forced me to live on less, while also trying to find a way to make ends meet and saving for retirement. Don’t get me wrong, it wasn’t like I had …

http://www.creditcardsearchengine.com/credit_cards/boa-visa-platinum-credit-card.php Today, more and more people are recognizing the tremendous benefits of no annual fee credit cards. Some important information you will need to keep in mind when evaluating no annual fee cards includes: – …

Overcoming bad credit in a five-stage journey ‘The mass of men lead lives of quiet desperation’. While it is unlikely that Henry David Thoreau’s famous words penned in 1854 were a testimony to the scourge …

The most commonly known tool in measuring a person’s creditworthiness is the FICO score – the rating calculated based on entries in their credit report at one of the major credit bureaus (Experian, Equifax, or …

HOW TO USE EQUIFAX TO GET A FREE CREDIT REPORT Whether you want a copy of your credit report to check for identity theft or to try to find errors to improve your credit score, …

We use credit cards almost everyday to make purchases and to pay bills. There are many benefits to owning them. First, they are convenient to use. Second, unlike cash, they offer some protection against loss …

Many people think of credit card debt as non-negotiable.  The credit card company holds sets the interest rate and other conditions, you use the card if you agree to those conditions, and what you end …

When it comes to 401(k)s, the general advice that most financial advisers give is that you should put in as much as you can afford and at the very least, if you employer matches a …

Credit cards have revolutionize the credit system. These are small plastic cards which is a system of payment. The user borrows money for payment to a merchant or for cash advances. The card needs a …

Many of us have been there. You receive a dreaded phone call from your credit card company letting you know that there are some questionable charges on your account. By the time you realize that …

Credit cards are a very convenient, but also a very expensive, way of obtaining a loan to make purchases. In effect, the credit card company approves a loan limit within which you can spend money …

The Christmas  holiday is a time for spending time with family and friends – and spending money on all the things that the advertisers tell us are essential to a happy Christmas. By the time …

Credit Repair and How To Improve Your Credit Score Before you start attempting credit repair or boosting your credit score, you need to know the basics. You need to know what a credit score is, …

It may seem remiss of those with poor credit to want to increase their credit limit, as it could be perceived as an invitation to run up more debt. It is actually an excellent way …

A good credit rating is not just about getting a credit card or a mortgage loan anymore, although both of these are great reasons for managing your finances well. Credit cards have become a way …

How to improve your credit report. First.. Make sure you make your payments on time. This is crucial, you can’t have good credit if you don’t make your payments on time. Second.. Get a copy …

When most people think of identity theft, they picture shady computer hackers stealing information online, or robbers using cards and information from stolen wallets and purses. While such instances certainly do take place, an easier …

Debt has a way of taking over your life if you don’t learn to manage it. By the time most people decide that they want to get involved in debt management their debt is out …

Credit cards have become a popular method of payment for consumers.  Companies have decorated the cards with various scenes, logos, and even with the consumer’s picture.  This “plastic money” is popular throughout the world and …

At the mall one afternoon a young girl and her mother were discussing the possibility of buying a new collection of DVDs. “I really want to get these. These are my favorite,” the girl insisted. …

If you’re one of the hundreds of thousands of people who find themselves having lost control of their finances and allowed your credit rating to slip, you needn’t worry unnecessarily. Although this will restrict your …

Reward cards are great – you basically do what you do all the time, and you get money back or some other reward, based on your spending. The Discover Card is the most famous reward …

Student loan debt is one debt you cannot get away from. It is non-dischargeable and if not managed properly will wreak havoc on your credit score. Taking on student loans is all too easy, whether applying …

In the last three decades credit cards have moved from a rarely used status symbol for the rich to a ubiquitous part of society. Every major bank will issue one if you have good enough …