Managing Credit and Debt Archive

The economic downturn has left many Americans close to financial ruin. Working your way out of debt is not easy when it is hard to distinguish between needs and wants. If you want to become …

Debt is a nasty four letter word. It creeps into your life like a virus that is out of control and the only cure is cutting back or cutting off depending on your circumstances. The …

Marks and Spencer’s is one of the great British shopping institutions and regular shoppers may choose to use a Marks and Spencer’s card. There are three variations of plastic available issued by HSBC. There is …

Many have fallen into the temptation to spend beyond their means by using easily available credit. Credit cards are one of the culprits that allow you to enter into major debt with barely a thought. …

People might think that getting into serious debt trouble is a one-way ticket to bankruptcy but it doesn’t always have to be the case. Seeking help through a legitimate organisation such as the CCCS (the …

Lowering your debt is not as difficult as it often seems.  There are people who like to complicate this simple task, and as a result, many people believe they are stuck in a spiral of …

Dealing with debt is always hard, and more so when you are unemployed. As if it isn’t though enough to lose your job, you’re faced with a serious strain on your personal finances. With no …

For the people that are interested in completing a debt relief program to get rid of credit card debt, finding the right company for credit card debt relief can be a difficult task. By learning …

The Credit Card Accountability and Discloser Act of 2009 brought new amendments during 2010. The Federal Reserve have now proposed another new change known as Regulation Z which will bring more consumer protection to credit …

Tips for solving financial problems The topic does not state whether these are personal or business financial problems, but by implication, personal. However, I am going to make some comments on business, to then apply …

For those of us in debt there are a few options that are available to us. None of them particuarly attractive, but then, debt is never attractive! The first option available to you is a …

Due to bad economy, most people struggle to make ends meet. Many of those people have gotten themselves into serious debt without even realising it, and even worse, without having the slightest clue as to …

Millions of individuals have found themselves deeply in debt because they have been charging items to their credit cards and allowing the balances on those credit cards to reach levels that they cannot easily pay …

Getting out of debt can be a difficult task when there is no plan of action or if you lack discipline. There are many ways to get out of debt. Here are some ways you …

Raising your credit score is not always an easy task. It is much, much easier to lower your credit score. Of course, if you know how to lower your credit score, you are also armed with …

Creating a debt reduction plan can be rather simple, provided you take an introspective look into your spending habits, analyze where corrections can be made, and are willing to set yourself a stern deadline. Many …

In the current economic situation, personal debt is commonplace. It is not unusual for someone to be thousands and even tens of thousands of dollars or more in debt. Those in this situation should use …

In September of 2005 the United States Public Interest Research Group reported that over 80% of Americans have inaccurate, negative items reported on their credit reports. This costs consumers millions of extra dollars in increased …

The absolutely ideal way to handle your credit card is to never carry a balance from month to month and thus avoid all interest charges. There are exceptions to this advice though and an excellent …

Knowing how to avoid credit card debt is the first step to ensuring that you make your credit card work for you, rather than you working to pay off your credit card debt. Some debt …

Over the last several years, millions of individuals across the nation have found themselves accumulating significant amounts of debt. Debt elimination has become more difficult over the years because many creditors have found that more …

Getting out of debt can prove to be a big overwhelming task, but it can be done. Now, it won’t happen over night, as you didn’t get yourself into debt over night. The first step …

Has it happened to you? You buy a few things on your credit card, and don’t get around to paying them off. Before you know it, the bills are so big you dread opening the …

While homeowners and other players in the housing and mortgage industry have been covered in detail in the news during the recent financial crisis, one group of society that has been neglected is renters. Many …

Foreclosure is always a difficult process to go through and the trouble doesn’t stop at losing the house, but it also affects the rest of your credit rating as well. It is more difficult to …

Are those pas due bill collectors calling? Is your current Job not paying enough money, therefore you are unable to stop the calls by making payments towards you debts? Weary about trusting a company to …

Ten Advantages for Using Debit Cards Debit card use has come a long way in a short amount of time.  More and more businesses are rejecting checks because of kiting problems.  Debit cards are great …

How to get a credit card with no credit history For people just starting out or who are new to a country, having no credit history is a real and big problem. Your credit history …

Debt may seem unavoidable especially in a world where it seems the only way to make major purchases in life is through credit. We have rent, mortgages, credit cards and then we have expenses associated …

A home equity line of credit is a form of revolving credit that uses your home as collateral for the loan.  With a home equity line of credit (also known as a HELOC) you typically …