Managing Credit and Debt Archive

Credit and debit cards have become very important to today’s society. Besides being a fast and easy way to pay for purchases at stores, they provide an convenient way of withdrawing money from a bank …

As everyone knows, it’s harder to get out of debt than to get into it in the first place, however there are personal debt reduction strategies individuals who find themselves with financial worries can implement. …

Credit card junk mail is probably one of the most biggest annoyances which arrive in the mailbox. While spam is annoying in the e-box, at least those solicitations can be easily deleted.  This is not …

In these tight times, when big corporations seem to be at a loss as to handle their finances long enough to keep from going bankrupt, the rest of us are realizing that handling our own …

January 2009 ~ There I was again, in the midst of a financial “reawakening.” As if my last divorce wasn’t enough to cause me to rethink some of my financial decisions, the upheaval in the …

The role of credit scores in assessing credit worthiness A few years ago I would have approached this topic much differently. I would have talked about how credit scores would have had a limited role …

Credit has become an integral part of society in America. Just about everyone uses credit in one way or another. But how much do we know about credit? Are we all aware of the dangers …

Getting into debt is probably one of the easiest things. Many people end up spending more than they can afford, without even realizing it. In fact, most of the times, they even think that their …

There are many reasons which cause individuals to file for personal bankruptcy as a way out of debt the major cause is medical bill but the reality is that the main cause of personal bankruptcy in …

Capital One has introduced the Click credit card that has been designed for online shoppers in search of exclusive discounts. Use of the Click card is not limited to the internet but it offers no …

During a recession you tend to become increasingly mindful of your expenses because you don’t know what is around the corner. If there is a possibility you could lose your job or that inflation could …

After the holidays, many find themselves in debt from over-spending.  Reducing post-holiday debt takes motivation, planning and perseverance.  What are some strategies to manage the post-holiday debt mess to consistently reduce or even pay off …

Debt can cause much stress in your life.  Not being able to control your debt or not having a plan to get out of debt can play havoc with your overall financial management picture.  As …

Prepaid cards are one of the most expensive con tricks which banks have managed to pull off in recent times, yet millions are signing up to use them. Granted they provide an alternative option to …

Everyone knows the importance of a good credit rating. A good credit rating allows consumers to have credit cards, purchase large items over a period of time, diminishes security deposits, and can even reduce the …

A lot of families really don’t consider the true cost of all the things that they are financing. They buy new cars and don’t consider the total amount of debt, but merely the payment they …

Common sense says not to buy something you can’t afford to pay cash for. And as a college student, it is often difficult to earn money. But that doesn’t mean you cannot use the credit …

In today’s debt ridden society, many individuals have experienced the call of a debt collector telling them that they must pay a debt that they owe. Many debt collectors are trustworthy and respectful of the …

Negative Affects of the Financial Crisis Last year, when gas hit $4 per gallon, my husband and I finally panicked. We knew that life was going to cost us a lot of money before the …

When your lovely new credit card arrives in the post, or via the courier, it is so easy to slip it into a drawer and forget about it. This may be because it is a …

Credit card debt has become a major problem ever since credit cards started to gain popularity. They are usually easy to get hold off and limited credit checks take place to ensure that customers are …

Credit cards are fairly easy to get these days, but getting a good one…not so much. With high interest rates, annual fees, and finance charges added to all those purchases, the debt can rack up …

Credit reports are notorious for errors. These errors may be impacting your overall FICO score and need to be removed as soon as possible. Here are steps you can take to have damaging entries removed …

“Can I see some ID, please?”  You’ve likely heard this question many times when making a purchase with a credit card.  If you are a person who wants to keep your private information private, you …

There are two kinds of people: the ones who are aware of their credit rating and the ones who are not interested enough to find it out therefore lose money. It is your life that …

Bankruptcy, both for persons and corporations, is a special type of legal protection that is granted when people end up so high in debt that they cannot realistically continue to make payments on what they …

Taking steps to reduce debt can subsequently positively impact other important factors such as fighting individual stress and family troubles that stem from money issues. The holidays can be especially stressful in the financial department …

One job that has benefited from tough economic times is debt collection. It has been so good that Steven Katz of Debtorboard.com has been a very busy man. Katz is not in the debt collection …

The major cause of bankruptcy in America is medical expenses which are becoming increasingly more expensive. Those who succumb to a serious illness not only have the stress of the treatment to deal with and …

A security agreement is a written document by which a borrower or guarantor pledges some type of personal property in order to induce a lender to enter into a financial transaction. Personal property includes things …