Managing Credit and Debt Archive

Credit cards offer convenience. With credit cards, you are not required to pay the full amount right away, and that can easily lead to overspending, which in turn can lead to credit card debt. Luckily, …

American consumers who visit the website www.annualcreditreport.com will see the following message: “This central site allows you to request a free credit file disclosure, commonly called a credit report, once every twelve months, from each …

When you spend more than you earn or when you make impulsive financial choices (such as buying that expensive leather jacket that matches your  leather boots even if you have to work overtime for a year …

Every person that has ever been in debt or ever will be will want to eventually be out of debt.  Having collection agencies call and receiving threatening letters, not to mention low credit scores and …

We rely on credit for many of our purchases, most often our vehicles and our homes, since these are high dollar items that we do not pay for in cash and typically require a loan. …

Many credit cards have different types of reward programs and many of them should immediately be disregarded. However, there are some that are worth looking into if you are the type of person that has …

The number of people across the nation that find themselves holding thousands of dollars of debt increases each year and the numbers will continue to grow as the economy continues to slow. Many people that …

In this economy debt can seem like a never ending stream. Fortunately, there are many ways to reduce debt. Reducing takes plan of action and discipline. Lower utilities One of the easiest ways to lower …

There’s an invisible industry that’s collecting information about your financial history, and it will keep popping up to surprise you again and again. Many people aren’t even aware of their credit history, until they discover …

“FREE CREDIT REPORT!” the faceless voice blared in tandem with the bold type on my TV screen, “For YOURS, go to freecreditreportforunow.com”Okay, I was in. “Free” is a wonderful word, and I DID wonder what …

Experts estimate that nearly 40% of adults across the country are carrying significant amounts of debt and the total amount of consumer debt across the nation has climbed to record high levels. Many people are …

Marketed as a credit card to help rebuild bad credit, the Anacott financial credit card has proved to be nothing more than a scam, fleecing $99 from applicants who were drawn to the rather generous …

Reducing debt is something everyone knows how accomplish, but only a very few ever can actually succeed in doing it. What strategies will it take to remove that heavy burden from your mind and wallet? …

One way or another, you built your debt slowly. Whether it was going out to eat on a credit card and then paying the balance over time, or having an emergency hospital bill that you …

Many people are in receipt of state disbursed payments. Typical payments include unemployment benefits and child support payments. Currently twenty three states nationwide offer the option of receiving these payments, and other state payments, as …

Credit score, also known as FICO score, is a widely accepted standard to assess the financial eligibility of each individual to acquire new line of credit or to negotiate lower interest rates on a loan. …

Identity theft ranks highest on the Federal Trade Commission’s list of Consumer Fraud Complaints. Even the most diligent among us cannot completely safeguard our personal information at all times. Identity thieves are becoming more adept …

It is crucial to have a good credit score today as the original intent of credit scoring has been manipulated by the businesses which create them to such an extent that credit scores have become …

Your credit score is calculated through secret formulas used by the credit reporting bureaus. Although the exact formulas used by the credit reporting bureaus are unknown, the factors that are used to calculate your credit …

Credit scores are big business these days and whether consumers choose to use credit or not, a good credit score is a vital thing to have. Without the use of credit it is difficult for …

After any holiday, whether it be in the Bahamas or taken at home during seasonal celebrations, post holiday debt reduction strategies can provide individuals with plans to overcome unwise spending and save money. Holidays give people a …

What you should know about credit counseling Buyers beware! Not all credit counseling agencies are in business to help you get out of debt. Understanding credit, credit card companies and how to talk to them …

TIPS FOR LOWERING COST OF LIVING You can cut down food bills by no longer buying sweets, biscuits and chocolate, things which do not contain vital vitamins and minerals, and only buy nutritious food which …

Credit card credit issues fall into two categories. One is the problem with too many open cards with too much of a balance. The other is a poor payment history. These can be together, but …

A person’s credit score might be one of the most important financial aspects that they have in their lives since the credit score is used to determine a person’s credit worthiness. It will determine the …

The energy assistance program in Ohio that helps pay heating bills is called Heat and Energy Assistance Program (H.E.A.P.) . H.E.A.P. pays a one-time payment a year for families or peoplewho qualify.  Those payments go to the family’s utility company …

When you’re in a lot of debt, every time there is a knock at the door or a letter through the post or a phone call, you experience a sense of dread, wondering whether it …

Any credit card holder who routinely carries a balance should ensure that a low interest rate is their priority when selecting a credit card. Although credit card interest rates are on the rise again there is …

It’s a simple fact that if you are not accustomed to using credit, and thus have no credit history, no lender has a way of assessing if you are a good or bad risk. Establishing …

Millions of people are suffering from adverse credit and although many companies are currently offering consolidation services, it is actually hard to find the most suitable products for consolidation on your own. Many companies that …