Managing Credit and Debt Archive

There has been an increase in the number of people going into debt since unemployment rates have soared. There are many signs of debt problems that can be noticed before you hit rock bottom. Noticing …

Having a credit card is a privilege.  To find a credit card that is best for you requires a bit of research. Each person has different reasons and needs for a credit card, take your …

A car repossession can definitely affect your credit. Here is how the process works. Let’s say you can no longer afford to make your monthly payments. By the time your discover that you are probably …

For many people, going on vacation without taking their credit cards is unthinkable. They are used to paying for everything with their credit cards, and breaking such a habit seems too difficult to them. While it  …

Financial skills are something that everyone should learn. They are necessary key skills in the modern day and age which can define the difference between success or failure in your career and a vast number …

When one resides in Glendale, California, a city designated by the F.B.I. as one of the twenty safest cities in the United States, one might get complacent as to believe becoming a crime victim is …

The offer looks innocent enough. It seems to be an offer too good to refuse. Your credit card has offered you a credit line increase to allow you to transfer balances from a high interest …

Debt consolidation is the simple act of taking a single loan to pay off multiple debts.Debt consolidation becomes an option when one is faced with multiple debts with “unfavorable” interest rates. Financial experts would then …

Many people love to carry credit cards. There are many advantages to carrying this payment tool, but it is important to use it responsibly. You will enjoy the following benefits from credit cards: Credit cards …

If you see something that you don’t have the money to pay for now, but can pay for over time, what are you going to do? The general way you would go about acquiring this …

To become richer you need to spend less money, get more money or combine both options. However knowing how to cut expenses and rake in more cash may be difficult. Once you’ve stopped buying expensive …

There are many easy ways to avoid credit card debt and there are several articles that prove that, but if you are like me, and started the credit card debt cycle in college when you …

If at all possible, pay off your credit cards every month.  If that isn’t feasible, then make sure to only use those cards with lower APR.  Having to pay 20% or more interest on purchases …

Getting the offer in the mail for a zero percent interest credit card with a no-fee balance transfer can be quite appealing. However, regardless of the upfront appeal of an offer that typically seems too …

Is credit leading to the downfall of society? That is a good question, and the answer is not a simple one. There are many good things that come with having credit, yet there are also …

Credit cards are part of our fiscal landscape and are a wallet necessity for many people. Today, credit cards come in two flavors: secured and unsecured. It’s important for anyone applying for a credit card …

Credit is not leading to the downfall of America, debt is. With so many living paycheck to paycheck and often 20%, 30% or more of each paycheck going to Visa, it is no wonder that …

The bottom line is that you cannot pay back a loan if you are overspending.  Get your overspending under control and you are halfway there to defeating your personal debt once and for all.  You …

Credit Card Companies operate a lot like Feudal Lords in the Middle Ages. Once you miss a payment or two, they jack up your interest rate and hit you with fees. It seems counter intuitive. …

In this economy, many people are stuck with bad credit. If you are someone with large debt, it can be next to impossible to get a credit card. There are a few different ways you …

Credit card companies and their targeting of college students. Should credit card companies really be targeting anybody? The fact of the matter regarding credit cards is that there was once a time where people paid …

Frequently, debt settlement companies make fraudulent claims to potential clients. They might say: “You will only pay 25% of your debts,” or “This will not affect your credit score,” or “Calls and letters from creditors …

Managing your credit cards can be a difficult task at any time of the year.  However, when the holidays descend upon you, the task of managing your credit cards may seem overwhelming.  With so many …

Debit cards give consumers the convenience of shopping just about everywhere, thanks to affixed Visa or MasterCard logos; but are these tiny pieces of plastic truly the best way to pay? For today’s credit wary …

Getting the best mortgage rate can be a challenge for anyone in this economy. Banks seem to be especially picky about who they will lend money to, and even after getting a bank to agree …

Consumers should be aware of the debt aftermarket and how it can affect your credit report. I call the sale and resale of debt from the original creditor to a third party “the debt aftermarket.” …

You’ve probably been there: you go to your mail box and open up that pre-approved credit card offer that makes you feel like a million bucks. A credit card company has chosen you for this …

Citibank credit cards are a great choice for consumers to consider and are some of the leading credit cards in the business. Citi credit cards are available in many different types, from business cards to …

Where there is a credit card agreement there is always a host of fees which are generally there to be applied if the card agreement is violated. Whilst it is inevitable that each credit card …

Do you want to pay your debts all by yourself but wondering how to prioritize and pay back your credit cards? If yes, then you can follow two popular DIY credit card debt repayment strategies …