Managing Credit and Debt Archive

You knew it when you were going into it, but it was seemingly unavoidable: filing for bankruptcy. Now you have to deal with the effects of that decision: specifically, how to rebuild your credit. Hopefully …

Should Teens Have Credit Cards? As your children get older it may become tempting to protect them from the ravages of the world that they don’t quite know they’re going to face.  After all, that …

In order to improve your credit score you’ll need to start by getting your credit report. You’ll need to read your credit report over carefully making note of anything in the report that’s inaccurate. Once …

The credit scoring industry has expanded into a huge business, affecting almost all areas of life. Those with no credit history will find life is more expensive and can be much harder. Typical groups that …

Getting out of debt fast may be easier to achieve than you think. You just need to identify how your goal will be reached and then commit to the plan you have made. Size up …

To eliminate credit card debt, you will need to come up with a tough plan for yourself. You will have to exercise self discipline! First of all, you will have to find out what your …

The importance of having good credit is more pertinent today than at any other time, as lenders tighten their criteria. Many people have worked hard to re-establish good credit and many of those new to …

How does a credit card work is a question to which even those who use credit cards on an all but daily basis may essentially have little idea as to the answer. The overall process …

There are some bill collectors who break the rules and make a bad name for the good ones out there. If you’ve gotten a collection notice these are some helpful tips in dealing with a …

As awareness grows about the importance of maintaining a high credit score, there are still plenty of myths and uncertainties about how long negatives remain on your credit reports, and how these in turn affect …

You don’t need to be rich to have a perfect credit history. Establishing a blemish free record simply involves knowing what financial behaviors the credit bureaus smile down on, and which credit mistakes can result in stern disapproval. …

There are several steps you need to take in order to get out of debt. The first step to take before you can even consider becoming debt free, is to discipline yourself to not buy …

Are you looking for ways to get rid of your debt? If you are looking to get out of debt fast, and many people are, there are some strategies that you can employ in order …

Credit card rewards programs possess a charm altogether their own. The appeal of these programs comes from the fact that the bank pays you a percent of every dollar you spend when you swipe your …

Almost all of us use credit cards, and almost as many of us carry balances over from month to month on at least some of those cards. All of us know this is not a …

Teaching children about wealth can be a very difficult thing. Many times, children do not understand financial terms, let alone certain financial products and investments that are available. Therefore, teaching a child about debt and …

Holding on to items that you no longer use clutters up your home and your life. Most people don’t realize that what they consider to be junk might just be someone else’s treasure. You may …

Having a good credits score will save an individual lots of hurdles when it comes to, their financial history with credit companies. A bad credit score will put some limitations on the individuals financial transactions …

One of the popular terms in today’s climate of debt and financial stress is debt consolidation. Before we take any action when it comes to our finances, we need to make sure we understand precisely …

Paying off debts is difficult for everyone nowadays, as the economy is worse than ever before, and making ends meet has become a  constant struggle. Unfortunately, this does not concern much  bill collectors who expect …

Rent-to-own purchases are very popular. Especially in today’s economy, with so many families cutting back and in the throws of an economic recession. Rent to own stores generally set up shop in poor, low income …

Whether debt dies with the debtor depends on circumstances. Credit card debt often dies with the debtor, but not always. In general, all debts in an estate must be paid before the heirs can be …

One quarter of all Americans have never used credit, but are about to become the next targets of the banks and credit card issuers who see an untapped source of business. There has never been …

Store credit cards can be a risky adventure, but if you use them intelligently, then they can be worthwhile in a few different manners. The biggest thing to be concerned about with store credit cards …

Many Americans find these days that their poor credit score does prevent them from taking on a loan, mortgage, car finance or just a credit card. Unfortunately these people only realize that their credit score …

There are a great many benefits to be had from credit cards, both direct and indirect. Unfortunately, like so many aspects of life, having a credit card is a two-sided coin and there are equally …

The present economic climate in the United States has everyone looking at alternative options for managing money and debt. The system used by most legitimate credit companies in the United States keeps up with individual …

Guess work is not the answer when  determining if you have bad credit as your credit score can be assessed by potential employers, insurance companies, mortgage companies, and credit and loan providers. Play it safe and keep …

Around 5000 years ago, in Syria, a slave known as Dabasir was serving for his master’s wife Sara and looked after her camels. Sara noticed that Dabasir was different from other slaves and he had …

Eliminating credit card debt. Like most things in life, accomplishing this task all depends on you, and what sacrifices you are willing to make. And talking from experience (about five thousand dollars worth), I can …