Managing Credit and Debt Archive

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 …

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 …

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 …

Credit repair and consumer credit counseling are different forms of financial assistance that help those who face large debt or out of control credit. In the case of credit repair, the goal is to rebuild …

A balance transfer is a great way to save on interest costs if you’re trying to pay down your credit cards. It gives you more time to pay off the credit card as well as …

Having your credit card, stolen can be one of the most annoying experiences of your life. It creates a lot of additional stress and work that you don’t need in your life anyway. Phoning up …

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 …

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 …

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 …

This article will provide a few tips that you can use to raise your credit score. First, if you have no idea what your credit score is or what information is in your credit report, …

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 …

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 …

For many people, this question is about whether to satisfy your longing for instant gratification or to delay it to pay cash. There are compelling reasons to use credit at certain times. However, if you’re …

In today’s uncertain economy your credit report and the credit score have become, more than ever, important in acquiring a loan or a mortgage. If you are looking for a mortgage or a loan the …

The credit card was the way to go when it came to paying bills in the 90’s and at the turn of the 21st century. As the economy has come back down to Earth, the …

In recent months, we have all heard about the sub prime mess. Foreclosures are increasing at an alarming rate, because of liberal lender guidelines. During the years of 2001 to 2005, anyone could get a …

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 …

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 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 …

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 …

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, …

Before i got myself my first credit card, I should admit, I was very reluctant to apply for one.I had heard that as international students do not have a credit history, it is nearly impossible …

With the advent of on-line shopping and ordering goods over the phone, it is more important than ever to ensure the security of your credit and debit cards.  Once a criminal has your number, they …

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, …

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’ …

Your credit score is essential to your spending power, and it should be improved if it is low. There are many easy steps that can help you improve your credit score, so it is imperative …

“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 …

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 …

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 …

Everyone goes through different trials and tribulations in a lifetime. There are some people who have to file bankruptcy because they have no other choice. If you are going to file bankruptcy, here are some …