Credit Card Debt

Credit cards offer undeniable convenience, especially in an era where almost nobody carries cash – but credit card companies are masters at finding ways to subtly encourage excess spending. Study after study has found that people chronically spend more when they use...

Credit card debt is a common financial burden that can quickly spiral out of control if not managed effectively. Ignoring this debt can have severe consequences, impacting your credit score, financial stability and overall well-being. Below are some of the hidden...

Credit card debt is a major concern for many American households. Especially after the holiday season or major unexpected expenses, even the minimum monthly payment due on a credit card balance may strain a household's budget. People may see few options for paying...

When taking out some form of loan or line of credit, it will generally either be considered unsecured or secured debt. The difference between the two comes down to a simple thing: security. When signing up to a secured lending agreement you’re usually required to have...

It’s no secret that many Americans are struggling to get by from paycheck to paycheck. It can be disheartening to see all of your wages dispersed before you’ve barely had a chance to look at them.  Credit cards can help in numerous ways, but they can also be...

When you have bills stacking up and a lot of overdue bills, it’s easy to start feeling pretty anxious. The constant collection calls, increasingly insistent letters and other contacts from your creditors can make you desperate for a solution. That’s exactly what some...

The holidays come with a lot of social pressure. People want to give gifts to their friends and families. They feel like they need nice outfits for religious ceremonies or office parties. There may also be pressure to travel or to host family members at their homes....

A successful bankruptcy filing can benefit an individual in numerous ways. The automatic stay will stop pending lawsuits, repossession efforts and other collection activity. The eventual discharge of your unsecured debts will prevent future collection efforts on those...

Credit cards are a handy financial tool as long as they’re used properly. You should ensure that you’re able to make the monthly payment when you charge things. Unfortunately, you can’t see into the future, so you never know what’s going to happen. For some people, an...

Just about everybody has experienced that sinking feeling of dread when their credit card bill comes in the mail and you finally have to confront it. Your balance is like a noxious weed growing in the backyard. One day. it’s manageable, and before you know it, it’s...