Managing Credit and Debt Archive

Governments worry about debt crises in these uncertain times. Ordinary people worry about personal debt too. Debt can overtake you and give you sleepless nights. The more slowly that you pay debts, the more interest …

During the recent economic downturn, people found it difficult to meet up with their mortgage or loan commitments due to many different reasons. In response, banks and other financial institutions took steps to sell the …

The broad definition of insolvency is the inability to pay debts as they fall due. While almost everyone is short of funds at various times in their life, true insolvency is a circumstance where you find …

If you are in a relationship that is serious, there may come a time where you start sharing things as a couple. You might share a house, share a car and you might even start …

Protection for Your Credit In an age of paperless spending, online shopping, and a suffering economy, good credit is hard to come across. But once you’ve got it, you have to keep it. The benefits …

Do you have debt payments that you have to make each month? If so, you are like millions of Americans out there who have bills to pay every single month. Some bills are important, and …

Let’s get one thing clear: nobody teaches their children about personal finances. No one. I’m willing to bet that if you say you do, you really do not. “Teaching personal finances” implies that parents sit …

Within the last decade, debit cards have been introduced into society and have been very popular. For some people, they have even replaced credit cards. A debit card is an electronic check – minus the paper, …

The best way to manage your debts is to not have debts that you cannot easily pay within a reasonable time. However, in times of severe price inflation that could be an impossible task. The …

“I-yam what I-yam,” says Popeye. And in a cartoon world, where the biggest threat is Brutus, that is probably true. But the question, here in the real world, is this: who else is you? Already …

Your credit score is one of those numbers that follows you around, that everyone talks about, that makes a massive difference in your life, and most people don’t know how it affects them. Your credit …

Although the unsecured credit cards from First Premier bank regularly rank as the worst of America’s credit cards, the current batch of secured credit cards the bank offers are a noticeable improvement. With the stricture …

Debit and credit cards can be extremely convenient. When you are short on cash, swiping one of these cards is an efficient way to do business, buy groceries, or shop online. However, these cards should …

Extra money, double or five times current income you are getting now, is just about how much most banks are willing to give as debt. Besides that, there are still credit lines from mega retail …

Consolidating debt is an excellent way to take back control of your finances. Any money which you owe on credit cards or loans is actually considered a debt, even if you are making repayments. Problems …

Citibank have a new credit card in their stable, the Citi Simplicity MasterCard. The card does not offer any rewards but it has the advantage of offering a long 21 months zero percent APR on …

Credit cards are something that most people have these days. Sadly, some of them do not know how to properly handle their credit cards. This means that these people tend to end up having more …

Credit cards are arguably a necessity. They are certainly more convenient than cash, at times, and offer other benefits, such as protection plans, perks, and delaying paying for the goods or services obtained until the …

Taking out a new loan will affect your credit score but it will automatically reduce it.. Indeed, the American idea of prosperity is that a person should be in debt. If he is in debt, …

Late payments are best avoided if at all possible. They play havoc with your budgeting, and could also incur financial penalties. If you’re likely to forget to make payments on time, it may be best …

Your credit score is very important, and can impact your life in ways you may not suspect. The topic has been in the news lately with various lawsuits against creditors and mortgage companies for unlawful …

Ask ten people what financial independence means and you will get ten different answers. The responses are as different as the financial situations and desires of the people you ask. But ask ten people who …

Look at the television, listen to the radio, or read countless print ads and you will see many promotions that advertise the various companies promising help with mortgages and foreclosures. Sadly for consumers, not all …

It is often thought that the best form of money management is to save as much as possible and spend as little as possible. However, this is not always a recipe for happy living. Basic …

Advertisements for companies promising to eliminate your credit card debt are everywhere these days, just waiting to take advantage of people in desperate situations. While some of these companies do provide legitimate debt reduction or …

Credit card debt can cripple ones finances, leaving a person stuck in the credit card trap. Credit card balances continue to attract interest each month, which can push debt higher. Making the decision to eliminate the …

If you’ve recently been laid off and are temporarily out of a job, you’re still going to need money to eat and pay the bills. Sometimes it takes a month or two to find your …

The number one way to begin reducing credit card debt is to establish a budget that limits new charging and stick to it. Without a budget of some type, your personal finances just roll along …

Provident Finance is a UK based financial corporation which offers credit with a difference, and has legal APR’s ranging from 272% to 545%. Whilst arguments fly over high interest rates on payday loans Provident provides …

People who find themselves heading into debt problems did not get there overnight. There are many signs that can warn a person if they are heading down a path of debt problems. Knowing the signs …