Managing Credit and Debt Archive

If you have several credit cards and only limited money for consolidating them, you should make an informed decision on which credit card you should be paying off first. There are several ways to determine …

Someone stole my purse, and it was a pain! They got about $100, but the biggest loss was my time. Reconstructing the contents of my wallet was a mind-boggling hassle. Now I’m ready! You can …

When you need to buy a new car, or television, or even something as major as getting a mortgage to buy a house, the amount you can borrow (if at all) will be determined by …

Your credit score is personal look at who you are and how responsible you are with your finances. To the world, it is a reflection of your behaviors and your character over an extended period …

A credit card chargeback is a reversal of a purchase made by credit card. The bank which issued the credit card can choose to perform a chargeback on the request of the consumer, and may …

Having a good credit score is important when looking for a job or shopping for a new loan. People who have never had to obtain credit before, however, are often surprised to find how hard …

There is a danger in becoming too reliant upon credit cards for everyday spending, as using credit cards makes it much easier to spend more than you should. When you use credit cards to shop …

“Debt consolidation calculators” are able to demonstrate how many months it would take for a person to be able to pay off all their debt. They are also able to tell them how much cash …

Your credit score is a very important part of your financial future, affecting a number of different areas of your life. A bad credit score from excessive balance transfers or otherwise can affect your ability …

Have you ever experienced of not being able to submit a school project because you are out of cash to buy materials and you can’t even ask for money from your classmates because you haven’t …

Credit card is a recent invention that reached its wide and almost universal use in the past decades not only in the United States but also in other parts of the globe. The use of …

We all have see the free annual credit report commercials on television.  They all seem to have some catchy tune or have big celebrities endorsing their product. Many of us are wondering why there have …

Payment history letters are issued by companies or organizations with which you have a credit history. When you have a consistent financial obligation, credibility may be established and credit rating may improve. For example, if …

When you file for personal bankruptcy, it can affect your life in many ways, both positive and negative.  It can give you a chance for a fresh start with your credit and an opportunity to …

According to Visa Incorporated in December of 2006, consumers with credit cards faced new security threats. In an attempt to educate consumers, scenarios were offered to forewarn consumers in the event that they find themselves …

How many times have you written a check just to discover it was made out incorrectly and had to be re-written wasting both time and printed checks which aren’t cheap. That’s the beauty of debit …

Debt is a common problem in the modern world. With more and more people out of work, people are frequently turning to alternative means to paying for things, namely luxuries, and in turn, they subsequently …

Checks are gradually being phased out by debit cards – and for good reason.  Checks do allow people to pay bills and make purchases without cash on hand, which is convenient.  Checks also allow us …

A credit card can become a real painstaking worry if lost or stolen. Having experienced both lost and stolen credit cards the worry sets in when I realise something is missing from my pocket or …

A debit card works the same as a credit card when shopping and making purchases. The only main difference between a debit card and a credit card is that a debit card’s spending limit is …

It’s the American conundrum: House is purchased with Hard Work; Hard Work fills House with Love; Love and Hard Work go on shopping spree; Bye Bye House. We’ve all been there. Few of us are …

When a person has been a victim of credit card theft, often their first indication of the violation is charges that cannot be explained appearing on their credit card statement. Without knowing the proper way …

Life After Bad Credit As the old cliche goes: “Bad things happen to good people”. Problems beyond their control arise all the time that prohibit people from making good on their debts. Sudden lay-offs, unexpected …

The best overall tip is to find out what your score is according to the credit bureaus. That’s the first step to knowing how to improve it. If it is low then these tips will …

If you are drowning in a sea of debt it can seem very difficult to survive.  It is easy to grasp at any life preserver that is thrown in your direction.  Along comes credit card …

People once thought fondly of credit cards as their flexible friends. Credit cards were seen to represent an opportunity to buy today and pay tomorrow. The security provided by credit cards was comforting in that …

A child will eventually have to learn how to use money and be responsible with it.  Therefore, the best time to start is while they are young.  Parents obviously need to be the ones to …

A debit card is a card that allows you to make a transaction, in which the money is instantly deducted from your checking account. If you don’t have the funds, the card will not process …

With all the negative news surrounding credit card debt, you may get the impression that using a credit card is always taboo. However, it is not the credit card that gets one into trouble; it …

Whilst credit cards are sometimes seen as a means of collecting unmanageable debt, when they are used sensibly there can be a number of benefits for the consumer. Consumer laws in a number of countries …