Managing Credit and Debt Archive

Post Holiday Debt Reduction Strategies

Along with oodles of good cheer the holiday season always brings with it a feverish pull to spend. Everywhere there are advertisements showcasing the newest gadgets and the trendiest in home décor. It can take …

About the Vantagescore Credit Score

VantageScore is a new method of calculating a credit rating from an individual’s credit report, which was announced by the three major credit bureaus – Experian, Equifax, and Transunion – in 2006. It uses a …

Bad Credit now what

The reason for having bad credit in the first place is important to address. If you have bad credit because one breadwinner has lost a job or you have large medical bills or other unexpected …

How does a Debit Card Work

When you open a current account, with either a bank or another financial institution, you will be offered a range of ways in which to withdraw you cash or purchase items while shopping.  The very name …

Coping with the Economic Crisis

The economic crisis in America has touched virtually everone’s life. In 2004 my wife and I decided to start a business that was a dealership for a company that helped manufacturers and other users of …

How to Live without Credit Cards

Credit cards have managed to become a natural part of living in the twenty-first century. It seems that the average person can’t survive without holding on to at least one credit card. What would become …

Bankruptcy Alternatives

Bankruptcy refers to a legal declaration of inability to meet existing debt obligations. Indeed, bankruptcy has several implications, depending on the type of bankruptcy selected (six types under US law). Bankruptcy might seem to be …

Student Credit Cards Taking the Plunge

The typical college student these days has begun to think of a credit card as an “essential accessory,” along the lines of food, water and air to breathe. As a student, your main responsibility is …

Get out of Debt Quickly

Whenever consumers tend to have difficulties or struggles to make loan installments, debt elimination companies have the capability to help you get out of debt quickly. In the United States, numerous consumers doubled their owed …

Ways to Eliminate Debt with a Personal Loan

Personal loans are one of the options available for debt reduction. They can be obtained to consolidate existing debt into one monthly payment and thus make payments to a variety of creditors more manageable. When …

Bad Credit now what

Bad credit can make ordinary life difficult. It seems everyone from the landlord to the cell phone company wants to check your credit these days. And if it doesn’t look good, they don’t want to …

Bad Credit now what

What do you do when you have bad credit? You can do what I did, run and hide, take part in the general fear and loathing amongst creditors Americans are known for and if you’re …

Correcting Financial Crisis

Just imagine wanting to just rip your hair out, yell for hours and just hate the world all together. If your wondering what I’m talking about, then let me just tell you. The hair ripping, …

Student Credit Cards Taking the Plunge

Einstein was quoted that, “The most powerful force in the universe is compound interest”. I had no idea how right he really was until I maxed out my first credit card. And the chances are, …

Medical Bankruptcy what happens after you File

For many, ‘bankruptcy’ is a familiar term heard from time to time through the mass media in relation to institutions and individuals who fall down from their great financial heights. However, the term ‘medical bankruptcy’ …

Credit Card Safety why you should Sign your Card

“Sign your cards as soon as you receive them,” credit card providers urge consumers. Technically, most brick-and-mortar retailers are not allowed to accept unsigned credit cards. They may actually insist customers sign their unsigned cards …

The Major cause of Personal Bankruptcy

Life’s challenges are at the heart of a lot of bankruptcies. People don’t mean to not pay their bills, but sometimes a very real problem arises, where the normally responsible person finds themselves no longer …

Post Holiday Debt

Debt is often accumulated throughout the holiday season.  Many people do not prepare for expenses that will be incurred around the holiday time, so they deal with the debt issue.  However, this does not have …