Managing Credit and Debt Archive

Merrick Bank Secured Mastercard

Secured credit cards are one way for people with bad credit histories to rebuild their credit score and learn how to manage credit better than they did the first time around. They have a built …

Abolishing the Credit Report – No

Credit Reporting is the most unfair system in existence and here are the reasons: It is a stereotyping system which denies a person any reason for going through a hard time such as catastrophic illness …

How to Build Good Credit

Good credit is important in a variety of ways. Creditors use your credit report to make their decisions on whether to extend credit to you and the interest rates you will qualify for. Insurance companies, …

What’s Good about Debit Cards

In many countries debit cards are the preferred method of payment alongside cash, but it is only in the last few years that debit card use has overtaken credit card use in North America. Consumers …

Get out of Debt

Most people will experience being in debt at some point in their lives whether from making an investment such as acquiring a mortgage or from an accumulation of credit used for day to day expenses. …

How Credit Cards Work

There are a great many people who will have very little idea of how credit cards work. They may frequently use a credit card or credit cards and know that they are presented with a …

Six Ways to Quickly Repair your Credit

Repairing credit may seem difficult at first but following a few simple steps can help. Know your credit score: How do you find out what your credit score is? The 3 main companies holding credit …

Tips for Consolidating Debt

Debt consolidation helps you to find relief from your outstanding loans and credit card debts. Knowing how to best go about debt consolidation is done with a bit of research, and some self-advocacy on your …

Get out of Debt a Step by Step Guide

Becoming debt free may not be the easiest thing you’ve ever done. In fact, depending on the amount of debt you have, it could be a long road of self sacrifice. But if you follow …

How to Eliminate Credit Card Debt

There is no magic potion that will eliminate credit card debt, only discipline, and organization will do the trick. Several methods may be utilized to ease the pain, but the experience of credit card debt …

How to get out of Debt Quick

The first step Before attempting the magnanimous task of trying to free yourself from debt you need to consider the underlying reasons that you are in debt to begin with. If you do not take …

Household Bank Cash Back Mastercards

A new player in the market of bad credit cards is the Household Bank, part of HSBC. MasterCards issued by the Household Bank are designed for applicants with bad, poor and fair credit, offering interest …

Why Paying off Debt is a Good Idea

Paying off debt is a popular financial goal because so many find themselves swamped by loans of all different types. Most young adults have a combination of student loans from college, credit card balances outstanding, …

Good Debt vs Bad Debt

Nearly all credit card debt is an example of “bad debt.” Bad debt is mostly unsecured debt that includes among it personal loans and credit card balances. But not all debt is bad debt. Quite …

How to Deal with Debt Collectors

Most people only ever have to deal with debt collectors if they fall behind on their credit card payments. Granted, there are other instances where debt collectors get involved, but the majority of cases are …