Credit Card Interest Rates 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 »

How Is Credit Card Interest Calculated?

Written by DebtFree on July 8th, 2008
Credit card Interest is calculated based on the average daily balance of your account for the entire month. By making a payment every couple weeks you are reducing that average balance and therefore reducing the finance charges assessed, as opposed to waiting until the end of the month to make ... Continue reading How Is Credit Card Interest Calculated? »

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 »

Are You Aware of The Hidden Fees Credit Card Companies Charge You?

Written by DebtFree on May 27th, 2008
A very interesting story surfaced today on CNN.com. In fact it made the top news on CNN today. The story is about Don Cressman, an average individual, 53 years old, who fell into a huge trap of credit card debt, while also discovering the many tricks that credit card ... Continue reading Are You Aware of The Hidden Fees Credit Card Companies Charge You? »

Appreciating Enough

Written by A Guest Speaker on May 21st, 2008
Appreciating Enough written by Lightening When my husband and I were first married, we were forced to live on quite a small wage. At the time he was working on the family farm and being paid a pittance for his time. During this period of time I felt we were somewhat hard ... Continue reading Appreciating Enough »

Use Better Credit Cards

Written by A Guest Speaker on May 21st, 2008
Use Better Credit Cards Written by Keith James Lock The debt starts early. They have people hanging out at your college campus giving you guaranteed approved credit cards. They tell you that it is only a $500 limit but it will help you establish a credit history. And although those things can ... Continue reading Use Better Credit Cards »

What is Your Credit Scar?

Written by A Guest Speaker on May 21st, 2008
What is Your Credit Scar? Written by Rich Hill In 1987 one of the most popular movies was "Wall Street." The main character, Gordon Gekko, played by Michael Douglas, proclaimed the famous passionate announcement, "GREED IS GOOD !" Well, as popular as that movie was, and even though it would be easy ... Continue reading What is Your Credit Scar? »

Paying off Credit Card Debt - A GREAT return on investment

Written by A Guest Speaker on May 21st, 2008
Paying off Credit Card Debt - A GREAT return on investment Written by Chris Old Credit Card Debt is a nasty subject to many people. I often see people who are loaded with Credit Card Debt, yet spending money on "investments" or 401k plans that there employers do not contribute to. ... Continue reading Paying off Credit Card Debt - A GREAT return on investment »

How To Beat Credit Card Debt

Written by A Guest Speaker on May 19th, 2008
How Go Beat Credit Card Debt Written by Tim Kwiatkowski The simplest way to beat credit card debt is to avoid it. OK, easier said than done! But seriously, credit card debt is evil. If you cannot avoid it (like most Americans), at least keep it manageable. Following ... Continue reading How To Beat Credit Card Debt »

Credit Card Debt - One of Life’s Booby-traps.

Written by A Guest Speaker on May 19th, 2008
Credit Card Debt - One of Life's Booby-Traps Written by Tony Currie Credit card debt is one of modern life’s booby-traps. It is seductively available and so easy to obtain that you are encouraged to overlook all the painful parts and only concentrate on the immediate gain. On its own, credit card ... Continue reading Credit Card Debt - One of Life’s Booby-traps. »