Managing Credit and Debt Archive

Credit scoring models are subject to continual developments to keep pace with advances in analytical predictions of consumer credit behaviour. Changes are introduced which promise more accurate assessments of risk for lenders to base their …

My first credit card was a Capital One Visa Platinum card. I obtained this card via one of the nineteen credit card applications they sent me through the mail before I was even 18. Do …

Cash rebate credit cards are credit cards that offer cash back as part of its rewards program.  Other kinds of rewards programs include points, gas credits, and airline miles.  However, only with cash rebate or …

To achieve good credit does not require a financial guru or some debt consolidation program or anything, for that matter, outside of your own control. I will give you one simple piece of advice that …

One tool available to protect against identify theft is to lock your credit report. It is regarded as more effective than simply placing a fraud alert and can work out less expensive than paying for …

Managing your credit score and your credit report is one of the most important financial tasks that needs to be performed. Many services exist that will continually monitor your credit report and your credit score. …

CREDIT CARDS: GOOD CENTS OR BAD CENTS? The pressure on American’s to consume bombards from us from every media venue out there. From television, the Internet, newspapers, magazines and radio – they are all supported …

Student use of credit cards can lead to graduation with painfully high debts, increasing the already significant debt load many students carry with student loans. Credit card reforms introduced in 2010 make it more difficult …

Annual credit card fees are on the increase and a condition of some cards as they are issued. They can also appear as an unwelcome intrusion on your existing cards which you have been using …

There are a number of financial activities that a person should do on a regular basis. One of these is to check the individual’s credit rating. A credit rating is a number that is used …

I think that the answer for getting out of debt is fairly simple. It involves both your self control, creative financing, and a shredder. First off, you can’t accomplish anything you don’t have the self …

Keeping debts on multiple cards can cause huge problems and a large financial burden on family life, trying to juggle minimum repayments against a family budget, however there are cheap ways to release this pressure …

The best way to use credit cards is to pay off the entire balance each month when or before the balance is due. The most clever credit card users employ this method of payment, in …

Credit card companies targeting immature, innocent and vulnerable college students is like a liquor company setting up a bar with nickel drinks across the street from an Alcoholics Anonymous meeting. It is cruel. It is …

Stealing mail for information is one of the fastest and easiest ways for criminals to pilfer money and it is currently on the rise in metropolises like Vancouver Canada where drug addition and an expensive …

As a smart consumer, you check your credit card statements every month for errors and unexpected charges. But did you know that the most lucrative fee the credit card companies collect doesn’t show up on …

The greed that has been driving the Credit Industry has started to create the downfall of society in the United States. The lenders have been feeding on the borrowers main human weakness, greed. It has …

Credit card is a rectangular thin sheet of 31/8 x 21/8 inches, issued by a credit card issuer. It carries such information on you as your name, issue and expiry dates, and card number. At …

Identity theft is an ever-growing problem in our financially troubled society. If you believe that your identity has been stolen, here are a few things that you can do. Keep a log of your activity, …

Your credit score is only as important as you need it to be. When we are younger and trying to establish a life and some sort of financial foundation, we rely on our credit score …

Calculating your debt-to-income ratio (DTI) gives an idea of how much debt you have or how much your outgoings are compared to how much income you have coming in. It gives you an idea of …

The first step to repairing your credit is to get a copy of your credit report. A consumer is given three free credit reports a year from the three major credit bureaus, TransUnion, Equifax, and …

Investing your money when you have debt to pay off can be challenging. You want your money to work for you and grow as you get closer to retirement. Holding onto debt for years, however, …

The simple definition of credit is borrowed money and all forms of credit which one takes are debt until paid back in full. The cost of obtaining credit to purchase appreciating assets such as property …

The number of people who find themselves in financial distress is increasing throughout the world. Fortunately, for the residents of Scotland, the government has created Scottish Trust Deeds, which are saving about 7,500 people each …

Universal Default is a provision provided in the terms and conditions by several credit card companies that allows the creditors to review your credit report on a regular basis. If your credit score has been …

Credit cards can be a powerful tool, or a deadly one. Wielded correctly, they can boost your credit score. Used poorly, they can severely damage it. Why not avoid it altogether? For the average American, …

Well-heeled dogs who shop at the trendy Barks Fifth Avenue Dog Store love nothing more than to squeak their toy canine credit cards. Over the pond dog lovers in the UK have the option of …

Why a balance transfer card is not necessarily right for everyday spending Balance transfer cards are a great way to manage your credit card debt. Put simply, they offer low rates on money transferred to …

Your credit score is a widely accepted indicator of your creditworthiness. Not only can a low credit score cost you more in interest charges, but it can also deprive you of financing, cause you to …