Managing Credit and Debt Archive

For all credit card owners there is a minimum amount the credit card company requires the card holder to pay every month and this is what is called the minimum payment. The minimum payment due …

People tend to think of credit cards as an extra source of money. However, this is simply not true and credit card debt can become a major hassle. Credit cards not only are loans that …

Everyone wants to go on that special vacation, even though they can’t afford it. Or, buy that new television with HD Blu-Ray player and PS3They can’t afford it out of pocket, but hey, that’s what credit …

In short, it could be described as depending upon how much income you have.  In fact that is how debt is measured. When a loan officer at the bank or the underwriter of a mortgage …

Many Americans find themselves caught in a failing economy with mass layoffs and disappearing markets. Reduced incomes have wiped out personal equity balances in savings, real estate holdings, and portfolios. Individuals have been left with …

It is possible to get a loan with a relatively low interest rate in the UK if an amount over £7,000 is required. Typically, available loans have conditions in place which borrowers may not qualify …

If you need a determination of the number of credit cards you need, then you should have your answer already as to how many credit cards is, well too many. There are three types of …

Merrick bank is a specialist in offering sub prime credit to those with blemished credit histories, with products which can help to build or rebuild credit scores, and does report to all three main credit …

The big question, which is better debit or credit? Well, it comes down the individual. Having a debit card and having a credit card both require discipline. Here are some advantages and disadvantages of each. …

The issue of when to pay cash and when to use a credit card is one which on occasion will be determined by circumstances outwith our control but more often than not we will have …

Consolidating all of your debt, or even some of it, is a great way to reduce your number of payments every month, potentially lower your interest expenses, and lower your total monthly debt payments. Debt …

When debt becomes overwhelming, it takes a toll on every aspect of life. It affects how you mentally, physically, and emotionally. Accumulating too much debt not only keeps your from fulfilling your wants, but it …

You get into debt by spending. You get out of debt by not spending. Well that plus a bit of planning on how to maximize what money you have available to pay off your debts. …

May the Best Credit Card Win There are hundreds and hundreds of searches for credit cards. Finding the perfect card may be hard for some to do. Researching a card and finding the best rate …

Credit scoring is big business today. Those hoping to improve their credit score and thus reap the financial benefits it brings are bombarded with advertisements promising a quick fix. “Let us help you get the …

If you are like millions of Americans, you are financially strained because of excessive amounts of debt.  Debt will eat away at you financially and emotionally if you are not careful.  So, instead of allowing …

Are you glad because you finally got your first credit card? Were you eager to use it right away at your favorite shopping mall? Pause for a while and read these tips for the new …

While many would prefer to believe otherwise, it is nearly impossible to function in today’s society without some form of credit. The lower your credit score, the more difficult it is to obtain personal loans, …

If you have no debt, you are either lucky or do live in a jungle. Debt is something that is unavoidable these days and because we are living in a world where material goods are …

Large sums of debt have become all too common among college students. Many take out student loans amounting in the tens of thousands and then rack up credit card debt to cover basic expenses. It …

Do you feel like you are drowning in debt? The global financial crisis has placed greater financial pressure on so many people feel overwhelmed by their level of debt and financial commitments. It is also …

Are you looking for some good ways to avoid debt? Most people have some sort of debt, and it can’t always be avoided, but there are ways to limit your debt levels. If you are …

After filing bankruptcy, most people are in a hurry to rebuild their credit as fast as possible.  While it is necessary to rebuild your credit, you also need to exercise caution so that you do …

Most of us are painfully familiar with many fees that credit card companies impose on consumers. Interest rates, late fees, past due fees, and over limit fees are constant topics of conversation. But the fee …

You might wondering when a good time to declare bankruptcy would be and if you have not talked to any one about it, it might be a confusing time for you. Little do you know …

Like with many things in life, developing a plan is the first step towards becoming debt free. If you’ve accumulated credit card debt, you’re not alone and there is a light at the end of …

The credit bureaus and financial institutions must comply with over 200 legal provisions when reporting information on your credit reports. They commonly fail to follow Fair Debt Collection Practices Act. When this happens, you can …

Credit mistakes can be costly and influence how much interest is paid out on loans.  Therefore, it is the burden of the citizen to make sure that they stay up on their credit status and …

If your credit card is ever lost or stolen, the most important thing to remember is that time is of the essence. Even though most credit card companies will protect you against fraudulent charges of …

Credit card companies and department stores are relentless in their efforts to get you in debt.  Once you graduate from high school, you will begin receiving credit card offers, all stating that you have been …