Managing Credit and Debt Archive

Five Steps to Becoming Debt Free You can become debt free if you follow the following steps diligently and earnestly: Start out with an honest budget. Do some calculating on your income and your expenses. …

Credit can be a useful tool or it can spell financial ruin. Used wisely, it can provide convenience and even monetary savings to individuals, however traps can be disastrous. It is important to learn about …

Swipe it When in 1970 American Express, American Airlines and IBM rolled out the first magnetic stripe credit cards, a technology that was to revolutionize the banking and credit industry was born. Although credit and …

There are many problems in this world that ignored. Your toddler’s tantrums, the common cold, and the hiccups. Debt certainly does not fall into this category. Ignore your debts and they will grow and multiply. …

Credit mistakes can take a heavy toll on credit scores and personal financial reputations, as well as leading to debt. Unfortunately many myths abound regarding the use of credit, which can lead to credit mistakes …

So you want to become a wealthy person? Most of us at some point have at least considered becoming wealthy and doing what we please. Acquiring wealth is something that we all wish to do …

The easiest way to apply for a new credit card is online, though you also can apply in writing by mail or through an automated process by phone.  Online is convenient for most people though, …

People across the country are finding that they are deeply in debt with no way to return to secure financial footing. As they search for a solution to their financial problems, many people contact debt …

You may not realize it, but not all debts are the same. Broadly speaking, debt can be classified into three different types; ‘bad debt’, ‘good debt’ and ‘neutral debt’. Being able to differentiate between these …

We we happily signed up for our first credit card when we were first married. It was so easy. We went into the store and saw the advertising and the professionally dressed employee flashing a …

If you are straining under a mountain of debt it can be hard to dig your way out.  At times it can seem hopeless.  More and more people these days are facing these issues.  Easy …

Credit cards have influenced the lives of people in many different ways, and in certain instances people fall victim to undisclosed policies that are made to maximize the profits to its lending bank. These policies …

Getting out of bad credit debt looks hard the first time, however there are some very simple steps people with debt can follow to eliminate debt and solve their credit problems. You can look for …

We’ve all seen that piece of mail 0% APR! Transfer your balance today! Well, that offer may not necessarily save you money. There are other factors besides the low APR that you should take into …

When should someone seek credit counseling? This question seems easy to answer. People should seek credit counseling when they are falling behind or can no longer pay their bills. Is this the only point when …

If you’re out shopping and your credit cards are within reach, you may be tempted to purchase items that you can’t actually afford. Credit cards make it all too easy for you to ignore any …

Shopping online is a risk no matter what time of the year it is.  Christmas is no different.  It is extremely important when dealing with credit cards on keeping the information safe.  It’s like the …

Living free of unsecured debt, even free of all debt, may seem impossible. Small wonder, every day we’re bombarded with the idea that using credit cards is the way to a good life and the …

Graduating college with a mountain of debt has become a social norm for our society. The common expectation is that you’ll attend college right out of high school, finance your education with public and private …

Handling personal finances well is not everyone’s forte. Using credit can be a risky business for those that lack financial discipline. Ironically purchasing goods on credit has numerous benefits for those people who have no …

At its most basic all debt is bad, but we all know that sometimes the cost of not going into debt can be higher than the cost of the debt itself so we must on …

If you are looking for a secured credit card to help to improve your credit standing then the visa secured card issued by the Fifth Third bank is worth considering. It actually comes with a …

We have all been there. We’re walking around the department store. We notice something pleasant as a gift for our loved ones (maybe ourselves?) and we decide to pick it up. When we get to …

The law of attraction sounds simple. Think positive thoughts and good things will happen. This particular wealth secret almost sounds too simple, doesn’t it? But in the real world, rainbow dreams and sunny quotations just …

How many options are there to settle your credit card debt?  If you answered many, you’d be wrong.  There is only one, and that one must come from you!  Why?  Because you are in the …

The best way to pay off your credit cards is to pay either early, or pay on that date. By paying off our credit card bill on or before the due date, you are …

Each year more people become aware of the importance of a good credit score, and those with bad credit attempt to re-establish it. Repairing impaired credit takes time, and there is no such thing as …

Personal debt is on the rise and many individuals are worried about the high level of debt they are carrying. If a person has accumulated a lot of debt, this can significantly affect their financial …

Credit Scores are fair. What is unfair is that people rarely understand the factors that determine a Credit Score. As a result, ignorance fuels frustration. Many people refer to their credit score as their FICO …

Identity theft is an all too common occurrence in today’s computerized world. There are steps that you can take in order to minimize the chances of this happening, including the following. There are different companies …