Credit Card Debt Archive

Credit Cards Are The Worst Way To Borrow Money

Written by DebtFree on July 8th, 2008
Credit cards are a nice convenience. However they are the worst way to borrow money. Credit cards are the most common form of "open ended" or revolving credit. Most people have at least one credit card, and often many more than one. Credit cards are easy to use, they are ... Continue reading Credit Cards Are The Worst Way To Borrow Money »

Tags: , , ,

What Is Consolidating Your Credit Card Debt

Written by DebtFree on July 8th, 2008
Consolidating your credit card debt simply means turning multiple balances into one by transferring all your credit card debts onto one card. Besides giving you the convenience of only having to make one monthly payment instead of several, consolidating credit card debt is really about saving money by finding the ... Continue reading What Is Consolidating Your Credit Card Debt »

Tags: , , ,

Consumer debt can be associated with Predatory lending

Written by DebtFree on July 8th, 2008
Consumer debt can be associated with Predatory lending , although there is much debate as to what exactly constitutes predatory lending. Consumer credit counseling program and Christian credit counseling are parts of credit counseling. In a Consumer credit counseling plan a credit counselor will discuss your financial situation with you. ... Continue reading Consumer debt can be associated with Predatory lending »

Tags:

Credit card debt is a significant factor in many bankruptcy cases

Written by DebtFree on July 8th, 2008
Credit card debt is a significant factor in many bankruptcy cases, and nearly $20 billion is discharged in chapter 7 cases per year. Cases where the debtor has at least $50,000 in credit card debt account for nearly one-third of this amount. Credit card debt is an unbearably heavy burden ... Continue reading Credit card debt is a significant factor in many bankruptcy cases »

Tags: ,

No Credit May Be The Best Line of Credit

Written by DebtFree on June 25th, 2008
Many people don't like to talk about their credit openly. I can really understand that. It's somewhat personal and private information. The world really revolves around your credit. Very important things in life are granted and given to you if you have good standing credit. Things like cars, houses and ... Continue reading No Credit May Be The Best Line of Credit »

Tags: , , , ,

College Credit Card Spending Adds Up

Written by DebtFree on June 8th, 2008
Did you know that 21% of all college students graduate having over $7000 dollars in credit card debt? Amazingly 83% of all college students have at least one or more credit cards and actively use them in daily spendings such as paying for gas, clothes, books, food and board. College ... Continue reading College Credit Card Spending Adds Up »

Tags: , , , , ,

Credit Card Companies Target College Students

Written by DebtFree on June 1st, 2008
Students in college already have enough stress just being in college. For many, college is a very expensive venture and a financial risk that is being pursued for a chance to have a better life financially with the goal in mind of earning a degree to land a better job ... Continue reading Credit Card Companies Target College Students »

Tags: , , , , , , ,

How a family can get out of credit card debt

Written by A Guest Speaker on May 26th, 2008
How a family can get out of credit card debt Written by Shane Higginbottom This may sound a bit corney but it is true in our lives and worked for us. You have to have a purpose a raison d'etre and a goal in mind. Our goal was to buy a house in the ... Continue reading How a family can get out of credit card debt »

Tags: , , , , , ,

Living with Debt and Its Solution

Written by A Guest Speaker on May 21st, 2008
Living with Debt & Its Solution By Erik Wyche Having been down the road of debt, which ended up in me filing for bankruptcy, I can provide some insights into preventing you from reaching such circumstances. The first hurdle to overcome is being able to acknowledge the problem. If you ... Continue reading Living with Debt and Its Solution »

Tags: , , , , , , , ,

Seven Steps to Exploding Your Credit Card Debt into Tiny Pieces of Nothing

Written by A Guest Speaker on May 21st, 2008
Seven Steps to Exploding Your Credit Card Debt into Tiny Pieces of Nothing Written by James Hobbs With all the clamor and noise over debt reduction and credit card debt from the credit counselors, debt consolidation companies, the lawyers who will help you (for a fee, no doubt) and bankruptcy court (for ... Continue reading Seven Steps to Exploding Your Credit Card Debt into Tiny Pieces of Nothing »

Tags: , , , , ,

« Older Entries