All debt is not created equal. In the most simplest of breakdowns, there are essentially two forms of debt – good debt and bad debt. Most all individuals carry some form of debt during their …
There are times in everyone’s life when you need money for various reasons, such as to buy a car or a home, to take a holiday, to pay off outstanding debts or to make improvements …
Used sensibly credit can be beneficial. When used irresponsibly it can certainly lead to the downfall of individuals, and eventually society if enough members proceed to use credit unwisely. The current downturn in the economic …
A debt-free holiday is like a gift to yourself. There are many different steps that you can take to accomplish such a feat. Make a budget A lot of people go into debt unknowingly. They …
I think the first thing to do is to be honest with yourself. How much in debt are you, how much money do you have and how much can you spend? And this means being …
When credit cards are used irresponsibly they can lead to misery, debt and a blemished credit reputation. Many adults have fallen into the credit card trap and college students can be in a particularly vulnerable …
Debt collection agencies aren’t exactly thrilled to reveal what they’re not allowed to do under The Fair Debt Collection Practices Act. Instead debt collection agencies may be more likely to avoid mentioning, explaining, or acknowledging …
So, you finally dug out of that bottomless pit of credit card debt through hard work, personal sacrifice, and perseverance. Now that it’s over, how can you avoid doing the exact same thing all over …
The widespread use of credit cards and different kinds of loan made many people today to be burrowed in many piles of debts. The ease of using credit cards instead of hard earned cash became …
Credit cards at one time – not so long ago – represented fairly simple and straightforward financial tools. One simply used one’s credit card to purchase goods, received a statement each month and either paid …
www.debitcardadvantages.com Thank goodness the era of debit cards has not just taken off, it has skyrocketed. Debit cards have meaningfully made us take cognisance of our day to day handling of our monetary affairs. With …
Using debit cards is often very simple and convenient. They can be used where ever there is a machine set up to process your card. Simply produce your card, enter your security PIN number and …
Numbers always sway people and the interest rate on a card is usually the first thing they would want to check. There are three main types of interest to look for. The initial interest rate …
Debt and despair often go together, because when you’re in debt you have lots of bills to pay and not enough money to pay them. You need money to buy the essentials in life; to …
The first step in reducing credit card debt is to review your situation. Then assemble the statements for each credit card that you hold and make a list of the companies. Have the telephone number, …
To avoid going into credit card debt during the holidays, do not spend more than you can pay. This may sound simple in words, but it just is not that easy in real life. The …
Get out of debt – Getting out of debt is not an easy task and requires a lot of work and a change in your lifestyle. It can take several years to pay off debts …
There are five steps that need to be taken before you can become debt free. First get organized, assess your situation, search for ways to cut costs, implement your plan, and stick to it. Anyone …
You may think that by ignoring your debt problem you are making life easier for yourself. What about the unconscious anxiety on a deeper level which this will cause? Can you live with the sense …
As we all know the feeling: The bills are piling up, and you are so far behind that you do not want to even open them. If the bills are credit payments and you realize …
Don’t wait to pursue financial freedom when you are in the midst of financial catastrophe. At this point, financial freedom will be equated to a debt-free, collection-free existence. But financial freedom is a series of …
Credit card debt, once amassed, can take forever to pay down if high interest payments are added to the principal debt each month. The surest and fastest way to reduce credit card debt down to …
Finding a lender when you have ‘bad credit’ in today’s financial climate, can be nigh on impossible. This is a situation that many people find themselves in. However, if one looks carefully, such loans exist. …
You’ve probably seen the commercials, whether it be on TV or the Radio. A man in a nice suit tells you how he can “pay off” all of your debts. He will tell you about …
The specific aspects of what to look for when choosing a credit card will vary hugely from person to person. This is simply due to the fact that, just as every person is an individual …
For the confidently savvy consumer, knowing what to look for when comparing credit cards can seem like a confusing endeavor. After all, aren’t all credit cards basically the same? The basics are understood by many: …
Start with your credit cards. Credit cards are the form of debt that usually carry the highest interest rates. They are also the easiest to consolidate. Take all of your credit cards and lay them …
Money. Even the youngest children soon realise that money is important in life; they witness their parents paying for goods in shops. As a toddler one of their earliest toys will be shop related and …
After bankruptcy most of the finance doors get closed and it is very complicated to obtain funds for those applicants that have a past bankruptcy on their credit report. However, overdraft agreements may constitute an …
The Credit Card Accountability and Disclosure Act (CARD) was signed into law on May 22, 2009, in response to concerns that predatory credit card companies had been profiting excessively by taking advantage of people who …