Managing Credit and Debt Archive

Credit cards have become a way of life and a necessity in today’s fast moving world. Many people use several different credit cards issued by different agencies and retailers to manage their various financial needs …

When you find yourself overwhelmed by debt and are unable to meet your monthly financial obligations, the first step in resolving the issues and preventing further problems is to arrange a meeting with your creditors. …

Now, here is a subject that needs better coverage at home and in schools. Too many people, as young as high school and college age, have credit cards before they are ready to handle the …

Since credit cards were first offered as a payment method, they have become one of the most convenient ways to purchase products and services, but one of the fastest ways to get into debt.  There …

Identity theft occurs when someone uses your personal information such as your name, social security number, or credit card number without your knowledge or consent. Identity theft is a serious crime, but that does not …

Becoming debt free doesn’t have to be the nightmare everyone thinks it is. The issue most of us have when it comes to managing our debts when they’re spiraling out of control is a lack …

Who doesn’t want to raise thier credit score? A1 credit can be yours through active and responsible credit management and it’s easier than you may think.Following these golden rules will rocket you above and beyond …

When people have their credit go bad, they often turn to a credit repair specialist.  A credit repair specialist is a person that you pay to send letters to your creditors, and attempt to give …

Credit cards offer convenience and that is why many people prefer them to cash. Unfortunately, most people do not use their credit cards wisely, and that leads to credit card debt. Credit card debt is …

The key to credit card recovery is pretty much the same as what is required of someone who has no credit history. It’s a Catch-22 situation where you are expected to have a credit history …

Make no mistake about it, banks do not issue credit cards as an act of philanthropy, they issue credit cards to make money. How banks make money using secret tactics, however, may just surprise you. …

The majority of banking and credit card fees are an unnecessary expense that can be avoided. Many people are unaware that the financial choices they make incur fees. By simply taking the time to understand …

While bankruptcy may sound like a good option in terms of short-term financial planning, it is certainly not good for your long-term financial goals. After surviving bankruptcy, you will need to create a new life. …

A New Year’s resolution is a goal that many people have in order to start the new year off right. When you are in debt, you may need a few tips in order to get …

Green Dot Corporation is the major producer and sponsor of Walmart Money Card, which is a prepaid Visa card or a MasterCard. It is created for them who would like to use different services and …

Most people who are deeply in debt dream of the day when they are completely debt free. Ironically, people who live debt free lives often wish they could whip out a credit card to make …

Electronic check conversion is something which has been happening for many years. In a report published by the Federal Trade Commission  called ‘Facts For Consumers’, there were almost 739 million paper checks being converted into …

Credit card debt consolidation can be a suitable option for you if you are struggling to manage and pay off your multiple credit cards. You can consolidate your unsecured debts on your own with the …

With the pressure of the current economy, the worse since the Great Depression, many people are struggling with credit card debt or concerned that the uncertainty about the wellbeing of their jobs will make debt …

Identity theft is one of the fastest growing crimes in North America. Many people can be or already are victims of identity theft and may not even know it. Identity thieves will steal personal information …

The measure of your credit is determined by your credit score.  Therefore, the higher your credit score, the “better” you credit is.  Conversely, the lower you credit score, the “worse” your credit is.  While the …

Of all the necessary evils that threaten our financial well-being, credit-card issues easily take the top of the list. Not only do you have to worry about other people fraudulently using your credit details, you …

The easy access to compiled financial information, such as the information in credit bureau reports, brings benefits and dangers.  Although credit information bureaus make it easier for lenders to make decisions, they also make it …

If you have bad credit, you may find apartment hunting quite frustrating. Why? Many apartment communities require a credit check before approving your rental application. Having a credit score below 650 may not guarantee a …

Credit card selection has never been a simple task, but with the flood of advertisements currently attempting to entice consumers with a variety of perks and rewards, finding the right deal will take some work. …

Debt consolidation is to a person with financial difficulty like liposuction is to a fat person. Dangerous without planning about what comes next. Don’t get me wrong, I think there are situations where debt consolidation …

Debt to income ratio (DTI) is one of the important factors that can determine whether or not a lender will approve you for a loan. They use this ratio to determine your creditworthiness and whether …

Lenders are always looking to expand into new markets and there is a huge number of Americans who are simply ‘credit underserved’, meaning they haven’t typically used credit and thus have no credit score. The …

A short sale happens when a property owner owes more on the property than what the property can actually sell for. This happens when the property owner chooses to sell the property when the value …

Debt is a problem that should be tackled and these days it is unfortunately affecting more and more Americans. Since the credit crunch started, the number of families who had to face financial difficulties have …