If you have difficulties curbing your spending and getting out of debt with your credit cards, you are not alone. Hundreds of thousands of Americans still struggle with credit card debt. Credit card debt is a never ending cycle. Credit card companies know this, and by keeping you in debt, they profit by millions of [...]
Despite all the new regulations imposed by the government, credit card companies still somehow manage to squeeze consumers for every penny. If you have credit card debt, you know what we mean. There are still pitfalls, traps, and tricks credit card companies use, especially now, to make up for lost revenue. Consumer Reports recently published [...]
For new college freshman, it’s an exciting time to become independent as they enter a world full of possibilities. For some, this is the first real chance to ‘detach’ from their parents and find their way as adults. Unfortunately, credit card companies are also looking to help students become ‘independent’. College universities used to be [...]
Don’t worry, all the new legislation and laws that are coming about credit card restrictions will protect you from traps right? Think again. There are still lots of loopholes credit card companies can exploit to trick you into debt. Aside from the legal loopholes, incentives are being ramped up as well. If you want [...]
If you’ve got credit cards, you’ve almost certainly got debt. The two go hand in hand like peanut butter and jelly. If you eventually default on repaying the debt, the original creditor will most likely sell this debt to a 3rd party collection agency. Once the debt collector or agency gets it, they own [...]
Sometimes we get caught up in life’s little routines; so much so that we may miss signs of approaching danger. If you’re unaware you may be headed towards debtville, with your pedal to the metal, consider the warning signs below. If you can’t curb spending and you’ve racked up credit card debt, we have written [...]
Did you know that your unsecured student loan is eligible for debt settlement or debt resolution, just like credit card debt? If you are burdened with what seems like enormous student loan debt, you’re not alone. Many college graduates are realizing they are already behind the eight ball when starting out in their new jobs; that [...]
So many people in credit card debt have been lured to so called ‘Christian’ debt consolidation or debt counseling companies for help. Even these companies have to be thoroughly examined before your jump into an agreement with them. Keep this in mind when shopping around for a debt management solution; just because the company [...]
We’ve been posting a lot on debt settlement companies, their fees, pros and cons, etc. We thought it would be beneficial to list the top 5 questions you should ask before selecting the best debt management solution, especially when it comes to debt settlement. Now, we are not slamming ALL debt settlement or debt [...]
Well, lawmakers are at it again (thank goodness) drafting new legislation to help burdened consumers get out of credit card debt. The draft proposes more protection from fraud and promises consumers a way forward, a shimmer of light at the end of the dark debt tunnel. Small pieces of the proposal will change the rules [...]
