Managing Credit and Debt Archive

Falling into debt is becoming increasingly common, with rising bills and prices, relying on credit cards and borrowing is affecting more and more of us. There are many causes of personal debt whether it creeps …

If you are recovering from some credit bumps and bruises, there is no shortage of people and groups who offer to help repair your credit for you.  It may be tempting to put yourself into …

Credit cards are the best tool for establishing a good credit history, vital in so many areas. Used responsibly credit cards can reap dividends in cash backs, offer extended guarantees and warranties, and various insurance …

It is always good to have a choice in life and right now if you are looking for a payment gateway for your e-commerce business you will have plenty of options. With so many payment …

Unfortunately, thousands of consumers every year get conned into paying money for their credit reports when the fact is, they are entitled to receive a free copy from each of the major reporting agencies annually. …

Debt is a stressful reality for a lot of people. Getting out of debt can seem insurmountable, however there is hope. Instead of looking at your pile of debt and trying to fix everything at …

Companies and banks like loyal customers, but smart consumers shop around and move their money and custom around to take advantage of the best deals. By failing to be on the ball and being apathetic …

Having a family or household budget in place, trying hard to stick to it and then monitoring your achievements are the cornerstones of financial freedom. Attempting to run your personal finances without a budget is like trying to steer a …

Unlike in more profligate times it is no longer easy to obtain a credit card without an established credit history, resulting in a catch 22 situation. One of the best ways to establish a good credit …

Finding a reliable debt solution is not easy for people who are dealing with debts. Although, debt solutions such as IVA, debt consolidation, debt management plans, bankruptcy forms, etc are effective debt solutions, but how …

Checking your credit report regularly is vital to your goal of financial stability. You want to make certain that all accounts listed on your credit report belong to you. The Fair Credit Reporting Act was …

Losing a home through foreclosure is a bitter experience which will have a significant negative impact on ones credit reports and score. A foreclosure is considered second only to a bankruptcy and it will remain …

Are you really eager to pay off your debts? Are you already considering bankruptcy? Bankruptcy is always the last option in any financial situation. Bankruptcy only becomes a choice when all other means have failed; …

For those of you who are suffering with debt you will know what I mean, today so many people over spend and get themselves in debt. I was frightened to answer the telephone, or answer …

It is advised to have money put away into an “emergency fund.”  However, there may be circumstances that occur where this is not possible.  If you don’t have the money saved and an emergency comes …

One of the many things Congress attempted to do when it enacted the Card Accountability Responsibility and Disclosure Act of 2009 was protect college students from their own mistakes.  Credit card companies historically marketed cards …

If you have less than perfect credit or even bad credit, don’t worry, you can fix your credit by yourself, but it does take some time. First you will want to get a copy of …

Assessing risk is the heart of making smart lending decisions.  Faced with an application for a loan, that creditor assesses the amount asked for, the collateral that will be pledged to secure the loan, and …

Are you into severe debt and getting collection calls? Are you very much stressed thinking how to pay back the debt since you’re facing a financial hardship and don’t have enough money? If you’ve answered …

The majority of students embarking on a college degree course are young and lack financial experience. Many are taking on huge student loans with little realization of the long term consequences. One vital financial lesson …

There are a number of factors that cause personal debt. Each factor contributes greatly to the misery that personal debt brings. Taking each cause in turn, one has to look at society as a whole. …

When checking your credit score, you might be alarmed if you see that it is lower than you would hope. A credit score is one of the most important financial numbers, as it can often …

Sometimes people ask questions, “Will I ever be debt-free again?” or “when will I be able to pay off all these debts?” Anybody can become debt-free again, even in just a few years. Everything has …

The future of the credit card is the cell phone! It probably won’t be Google Wallet exactly, but Google Wallet is a step along the way to the all-purpose cell phone. It’s because so many …

Credit card debt is one of the biggest problems today for people in terms of financial stability. While paying the debt off is important, there are some mistakes that people make that could seriously damage …

Losing your home may also mean losing your good credit status. After losing a home to foreclosure, the previous owner is left with a multitude of problems: No where to live, a lack of credit, …

Attending College is the great time and achievement in life. However, by over using or poorly using the luxury of credit, it could be the most damaging. As a freshman, I remember buying my books …

MANAGING THE DEBT TRAP: A SIX STEP STRATEGY Managing the debt trap can be tricky and there are some things to watch out for in debt management. It seems that we will always want for …

Credit seems to run the country, and credit scores run your ability to receive good interest rates on loans and credit cards. They may also determine employment and the home or apartment you are allowed …

There are many reasons why you should not make big purchases on your credit card. In today’s world and uncertain economy, minimizing credit card debt is important. When you make big purchases on your credit …