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The Truth about Credit Cards and Debt pt 2

This is part two to a series on credit cards and where our country is heading when it comes to credit card debt. In the previous post in this series we talked about some of the statistics in the credit industry and how to interpret them to get an idea of where we stand financially.
Let’s [...]

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  • creditHow to Pay Off Your Card Credit cards create for their users a cycle which is vicious: charging for items when you do not have the money, and then finding it very hard to make the payments due to high interest. The average, in the middle, debt that is held by an American is over eight......
  • holiday1Debt and the Holidays A lot of people make use of their credit cards when shopping for the holiday season on the premise that they are going to pay all of the newly formed debt off within only two or three months time. Unfortunately, most people are still trying to tackle these credit card......
  • 40 credit cardsSmart Credit Card Debt Credit card debt is a global problem that has led many to the poorhouse. However, with smart management, credit card debt can actually be a good thing. Let’s look at how to have smart credit card debt that will help your finances instead of hurt it. The premise may be......
  • debtHow to Handle Debt Collectors If you’re phone is ringing off the hook, or your debt collectors are literally breaking down your door, it’s time to learn your rights and how to handle them. No matter why you ended up delinquent on your accounts, dealing with debt collectors is humiliating and infuriating. However, there are......
  • truthThe Truth about Credit Cards and Debt pt 1 This is part one in a two part series about credit card debt and where we actually stand as a nation when you consider the pure numbers. You have probably heard figures like "The average American carries more than $8,000 in credit card debt on average." But what does this......

Continue reading → The Truth about Credit Cards and Debt pt 2

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