Managing Credit and Debt Archive

When it comes to stable finances and a debt free life any preconceived ideas about how things should be, as supposed to how they are, will be stumbling blocks. Having a happy and fulfilling life …

The Fair Debt Collection Practices Act protects consumers from the scurrilous practices of some debt collection agencies who may well stoop to deceptive tactics to recover debt. Thus collections activity must be conducted in compliance with the law. …

In mainstream society, debt collectors are about as popular as IRS auditors. When a debt collector calls, few consumers opt to answer the phone, feeling much more inclined to let the call go to voicemail. …

The financial crisis is making a crisis in my life in extreme way. I personally never thought my life would be as tumultuous as it’s become. My husband, a carpenter, was doing well a few …

There is no one decisive factor to determine how unpaid medical bills affect credit, as reporting of these debts varies according to individual state laws. Depending on a number of factors an unpaid medical bill …

Many people are ruled by their debts, working to service mortgages, second mortgages, car loans, vacation loans, debt consolidation loans, and student loans. Then of course there is the credit card debt which was acquired …

Raising your credit score can take some time, since some blemishes can last for up to seven years. However, there are a few things within your realm of possibility that you can do to quickly …

Consumers faced with an array of credit cards to choose from may not automatically opt for Wal-Mart credit cards issued by GE money bank. With the soaring price of gas though, the advantage of carrying …

If a few years ago you made some mistakes and didn’t pay a couple of your bills, eventually they’re going to come back to haunt you. Your debt will be sold to a collection agency …

Stretching money is rather difficult. The purse strings are cinched as tight as a chastity belt, yet it never seems to be tight enough. Making your money last until payday can be an exercise in …

If your credit card debt is making you feel hopeless, consider trying to negotiate some relief to make your burden something you can realistically handle.  Credit card companies know that if they stick to their …

When Bankruptcy Is the Right Option Filing bankruptcy should always be the last resort. It has a profound impact on your credit rating, which affects many aspects of your finances. Bankruptcy is a public record, …

 When the stock market crashed in October,I looked at my entire net worth. It had dropped nearly in half. I double checked my glasses. Perhaps I wasn’t seeing the statement correctly. Maybe I needed a …

Secured credit cards are the bankers response to the risk involved in lending to those with no established credit history or a poor credit history. Both groups pose a risk of potential default which leaves …

The current financial crisis has affected me more psychologically than it has in any practical sense. When gasoline prices approached $4 per gallon, that got my attention. That affected me directly. Of course, that crisis …

When making a purchase, customers can choose to pay for it with cash or use debt financing to cover the price. Debt can come in many different forms: consumers can take out a bank loan, …

Many people get into serious debt without even realising it. Their spending habits lead them to spend more than they earn and pretty soon that seems to be natural to them. Having got used to …

Although earnings from online freelancing positions is not always the same amount from month to month, there are some great reasons to use online pay to pay your bills.  Freelancers may be paid on a …

Consumers requiring a secured credit card in order to re-establish credit have a number of available choices. The Open Sky Secured Visa credit card available from the Public Savings Bank is worth considering for those …

Issued by the Vanquis Bank, the Granite Visa credit card is aimed at people with poor to bad credit, who have few other options if they wish to obtain a credit card in the UK. …

No one in their right mind actually wants to be in debt.  Unfortunately, far too many of us find ourselves in this position at least once in our lives.  It may be due to the …

Christianity spans over 2000 years, making credit cards a relatively new issue for Christians to deal with. Obviously there is no biblical advice geared directly to credit cards but nevertheless a whole industry has been …

The best tip is to take the bare minimum of the field you want to get into,a really short one that will introduce you to what you will be doing,for example if you want to …

Applied Bank currently only deals in secured credit cards, intended to help establish or rebuild credit. Before consumers consider applying for one of the two available secured cards it is important to review the terms …

Consolidating debt, should I? You will get all kinds of different advice from all of your friends, family and neighbors about this subject. So whose advice do you take? The esiest way to consolidate debt …

There is a huge market of potential borrowers in America who have no credit score, estimated to be around 25% of the population. Without a credit score it is difficult to obtain credit unless it …

I have been unfortunate in my life to accumulate a number of credit card and loan debts. I have been struggling to pay these for the last four years, although I have now reached a …

If you have ever been turned down for credit there is a reason for that. Unfortunately many lenders still do not give you enough information or clear guidelines to work it out yourself. Credit companies …

Credit cards can make your life easier. They offer you the chance to proceed with purchases that you wouldn’t be able to make otherwise. As you are not required to pay the full amount you …

Debit cards are the plastic option that allows consumers to make purchases or withdraw cash directly from their bank accounts. Accepted internationally they are a convenient way of accessing ones own funds without borrowing, thus …