Credit card companies make it very easy for borrowers to replace the cash in their wallet for the plastic card. Credit card companies spend billions of dollars on marketing cards to borrowers and making them appealing with cashback or airline miles. If you choose to use a credit card to build your credit score, be cautious of these common credit card mistakes.
In 2018, the average household owed $9,333 in credit card debt (for more see this post). Almost 50% of Americans have revolving credit debt. So, what can you do about it? The easier answer: pay it off! However, not everyone has thousands of dollars at a time to hand over
When you file for bankruptcy, you have to list out all the debts you have, and give all of your lenders notice that you have filed a case. Once your lenders are made aware of the filing, they are entitled to ask what you intend to do regarding their particular
When you file for bankruptcy you have to decide what things you want to keep, and which things you will return to the lender. It is a common misconception that people are allowed to keep things and not pay for them, just by filing for bankruptcy. The truth is that
Most people who file for bankruptcy do so as a result of overwhelming credit card debt. It is an unfortunate outcome of a sluggish economy that many Americans have to resort to use of credit cards to pay every day expenses. And when you are not able to pay the
Sometimes life throws you a curveball, and events can leave you wondering which way is out. This is especially true in the world of personal finances, where the job market is such that it is hard to make enough to cover monthly obligations. You have several options if you are
Chances are, if you have filed bankruptcy or are considering doing so, you have a substantial amount of credit card debt. The interest charged by most card companies is high, making it nearly impossible to pay off credit card debt if all you are able to do is make the