Managing Credit and Debt Archive

Anyone who has ever been harassed by a collection agency knows that this is a very uncomfortable position to be in.  It can also be quite embarrassing to be receiving these phone calls just about …

More and more consumers are finding themselves in debt than ever before. With the economy on shaky ground and people tightening budgets, it doesn’t take long for debt to become a reality and spin out …

Your money is one of your most valuable assets. There are plenty of common sense techniques and strategies that you can use in order to keep it safe. One way to keep your money safe …

If you are faced with multiple debts to pay, prioritizing them is no longer optional. Anybody can be debt-free in just a few years if they can plan wisely. Some people remain in debts for …

Money management has become an issue that not everyone knows how to deal with. Some people are good at it, while others are completely hopeless. The good things is that money management, just like most …

Do you have a credit card? Chances are that you are like most Americans and do have at least one credit card. Most people have more than one credit card. This isn’t a bad thing …

Debit cards are being used more often than ever before.   Credit cards have been the fad years ago, but since debit is easy to use and help prevent debt, almost any retailer will allow debit …

Teenagers learn many different subjects in school.  Some of the subjects that teens learn will be ones that they will use throughout their entire lives.  Other subjects that teens are forced to learn if they …

One of the most distressing moments in anyone’s life is to open the mail and find that there are charges on your credit bill representing things you never purchased. With the widespread use of credit …

The collection industry has changed a great deal in the last ten years. Where companies used to assign a debt to their collection department or to a collection agency and paid them after they has …

Medical bills are sometimes high and difficult to pay, especially because few people make budgetary plans for it, and also due to the “not always favorable” medical insurances available. For those without a “strong” medical …

You can get help from a debt relief company when you are not able to manage your debts on your own. However, it is very much important to locate a responsible and established organization in …

For people stuck in credit card debt, it is undeniably both a challenging and trying situation. Credit cards tend to charge extremely high rates of interest, sometimes close to twenty percent, an interest burden which …

How often have we found ourselves to be in the receiving end of a credit card bill gone awry? The problem with credit card is that if it’s easy to buy things that you’ve always …

Your credit report can have a serious impact on most aspects of personal finance: renting (or buying) a home, and arranging credit and loan agreements of virtually any kind. Your credit file contains summary information …

If you don’t like to use credit and feel pressurised to do so in order to build up your Fico score, using the services of PRBC could be the solution to establishing a credit history …

Analysts report that credit card processing and their customers will increase nearly 600 % between now and 2014, netting nearly 490 million customers. For businesses not accepting credit and debit a card payment; that’s a …

Identity theft is a significant threat across the globe; crime rates have risen to epidemic proportions over the last several years. Despite consumers diligence in protecting the sanctity of their identity and credit report while …

As much as you may not like it, debt is becoming a way of modern life and a way that many individuals are being forced to live. However, once out of debt it can leave …

While foreclosures aren’t traditionally a subject most people like to discuss openly, skyrocketing numbers of foreclosures on a national scale are eclipsing rates not seen in several decades, forcing a conversation no one wants to …

In the initial aftermath of being declared bankrupt, the chances are that existing lines of credit will be cut off and you will find it very difficult to get new credit as lenders will see …

When you file for bankruptcy, this gives you a fresh start regarding your debt and credit. It is a way of starting over in itself. However, it is also extremely important that you set a …

Knowing how to decide which credit card is right for you need not be an endless search over inexplicably complex data that draws no patently tangible results nor meaningful conclusions. Picking which credit card company …

Being declared a bankrupt may be a difficult process for everyone involved, not just the bankrupt but also the people closest to him. As such it is necessary for a person in that situation to …

Where have all the…free balance transfer credit cards gone?  Such was the tune being sung by indebted consumers following the Credit CARD Act taking effect in February 2010.  While this piece of personal finance reform …

It can be difficult for those mired in credit card debt to see a way out. Making monthly minimum payments hardly makes a dent in the debt balance, and this is often compounded by additional …

Debt can accumulate on a variety of financial instruments, including credit cards, overdrafts, personal loans, and mortgages. Not all debt is bad, provided that you can comfortably stay on top of it and have a …

Having your home foreclosed on is one of the worst things that can happen to your credit rating. The blemish on your credit score will remain there for seven years or more. Only bankruptcy, which …

Credit ratings fall under four specific categories: poor, fair, good and excellent. While the scores and histories for each are somewhat debatable as to who qualifies for what, many consumers find themselves placed firmly in …

Having a good credit score affects more than the interest rate you are eligible for when applying for a mortgage or other type of loan. Your credit score may be checked when you are applying …