Managing Credit and Debt Archive

How to Manage your Debt better

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 …

Bad Credit now what

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. …

Reasons not to use your Debit Card

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 …

Coping with Higher Mortgage Rates

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 …

Debt and Credit Score

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.” …

Understanding Pre Approved Credit Cards

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 …

What does the Citibank Credit Card Offer

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 …

The cause of Income Inequality

Income inequality is real and the inequalities are creating real problems in the world. The U.S. and China are suffering the consequences of allowing the lowest paid workers to live in poverty, while the highest …

Credit Card Wisdom for College Students

College students are often too inexperienced in finances to deal with credit cards in a wise and responsible manner. If credit cards are viewed as a necessity to cope with everyday living expenses then they …

How to Fix your Credit

If it ever happens that you are declined when you apply for a credit card or loan the alarm bells should alert you to the fact that your credit score has most likely plummeted. This …

5 Tips for Traveling with Credit Cards

Taking credit cards along on ones travels can be a convenient alternative to travelers checks. Along with the convenience there are certain benefits to using credit cards overseas, including purchase protection and the ability to …

How to Manage your Debts

Dealing with financial debts seems to be one of the most challenging issues many people are experiencing. This could be real if you are confused about how to deal with your bills and other financial …

Starting over after Bankruptcy

Starting over after a bankruptcy can be challenging. For one, you may not get approved for credit right away. And it also takes effort and skill to avoid falling into debt again. Therefore, you must …

Card 20 from Dynamcis inc

In 2007 Jeff Mullen founded Dynamics Inc. which works to create innovative dynamic products for the next generation. Focusing on intelligent powered cards the company has launched the new 2:0 credit card that has walked …

Raise your Credit Score

Your credit score helps lenders evaluate risk. Borrowers with low credit scores are high-risk, and borrowers with high credit scores are low-risk. A FICO score of 750 and above will help you get the best …

Major Reasons to File for Bankruptcy

Bankruptcy is usually the option of last resort for a person facing financial distress. Under some circumstances, however, a bankruptcy filing may prove to be a consumer’s best option for dealing with a financial problem. …

Credit Card Tips

Considering the occasionally seemingly unquestionably necessity of maintaining good credit in an era of pliable economic strength and global commerce, knowing some credit card tricks that keep money in your pocket may become an important …

Why Debt Consolidation Doesn’t Work

Why Debt Consolidation Doesn’t Always Work What is debt consolidation? It is when you add up all your personal debt including credit card debt, unpaid medical bills and outstanding loans. You can chose to pay …

Best Locations for Prepaid Card Purchases

The new wave of financial responsibility for the future is the prepaid credit card. It allows you to have an itemized, on-line statement of your spending without incurring finance charges. It can help you teach …

Disadvantages of Credit Cards

As good as a debit card can be, with it comes responsibilities. Some people can be very irresponsible when they have a credit card, or even a debit card. Here are some reasons to avoid using a …

How to Avoid Credit Card Late Fees

Paying your credit card bill late will cost you dearly.  A fee will be added to your outstanding balance which will then accrue interest. One or more late payments can also result in the penalty …

Recovering from Financial Ruin

An exposition on this topic will no doubt find widespread resonance, given that this is the reality that currently confronts a large of persons. And even for those whose current circumstances cannot be classified as …

Best Ways to Consolidate Debt

Most people carry some level of debt load throughout various points in their lives.  Large, long term debts such as mortgages, school loans or car payments can be a necessary evil that provides the opportunity …

Online Credit Report

Your credit report is something that is used by those who are trying to make credit decisions on your credit worthiness. Basically, anyone who asks for a loan is generally going to have their credit …

How to Break your Bad Money Habits

Do you have some bad money habits? From experience, we all tend to make money mistakes from time to time. It simply happens in our society where we see lots of shiny things and think …

Finance Tips Personal Finance

Managing your finances can be tricky, especially in an environment where the economy seems to be constantly changing. Fortunately, there are a few things you can do to manage your money that will help keep …

How to handle unfair debt collectors

The use of illegal harassment techniques to collect debt from consumers is a common practice within the debt collection industry. These techniques are used to scare the uninformed in to making payments in ignorance of …

Employment

Every Person who is alive on Earth is somehow different from every other person who is alive on Earth. That is the main reason why some people are poor and some people are wealthy, and …

Christmas Spending Money

Every year people spend more on Christmas than any other holiday.  It is a time to show our love and generosity to family and friends by buying gifts.  This often leaves many people with credit …

Disadvantages of using Credit Cards

Using a credit card to purchase goods and services is impractical for consumers in today’s market because of risks to cardholders who own one or more credit cards. Purchases made with a credit card are …

Get out of Debt

It was once said that it is easier to get into debt than get out of it.  And, it is always much easier to spend money that is not yours . Indeed, sometimes people do …

Understanding the Costs of Credit Cards

The nature of credit cards mean they cost all consumers, even those who do not opt to use them. Due to merchant fees applied by the credit card provider, the cost of all consumer goods are …