In our previous post, we began a list of tips for consumer to try to stick to so they can hopefully avoid stresses of credit card bills. There are enough unavoidable troubles in life such as illness and loss that it is important for consumers to take control of their...
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Month: July 2013
How to avoid the bad about credit cards, part 1
Credit cards are powerful weapons. A weapon can be used for a positive end as well as for a negative end. Basically, consumers can end up with a glowing credit score, or they can end up with credit card debt, a low credit rating and the stress that goes along with...
Mortgage may be possible after personal bankruptcy
It is a commonly held belief that after someone experiences personal bankruptcy, he or she will never have credit again. This is simply not true. While the process of building up one's credit after bankruptcy takes time, it is definitely possible.In fact, as the...
CFPB tries to ease stress for consumers with credit card debt
No one likes to be in debt. Waking up in the morning, knowing that one owes debts that they can't afford at the time is a stressful situation for anyone. Getting incessant letters and phone calls from creditors doesn't help levels of stress.Not only is such pestering...
Bankruptcy can provide relief of court debt
The economy hasn't only been tough on individuals. Many state treasuries have been struggling to shore up their coffers as well. That's why New Jersey and other states are now working with collection agencies to collect unpaid court debts.In New Jersey, a court can...
Credit card debt down among those under 30
Credit cards are double-edged swords. They can help you make ends meet as well as get things you want but don't quite have the money to pay for outright. When their balances are kept low and paid off quickly, they pose no problem for most users. But they also come...
