How many people do you think would readily admit that they are struggling under a mountain of credit card debt? You might think that your friends and relatives would be perfectly honest about their financial situations, trials and tribulations but, in reality, a new...
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Credit Card Debt
Do you have a 0 percent credit card? Always know your benefits
It seems that New Jersey residents are being offered all kinds of enticing benefits from credit card companies. Many of those benefits include tempting 0 percent introductory interest rates. However, it is important to realize that these cards are not for everybody,...
Medical debt on credit cards: Here is how to minimize it
When faced with the decision of being sick versus being healthy, most Americans will not bat an eye at putting the cost of their medical care on a credit card. But this can be a very problematic situation, as most credit cards have high interest rates and it can take...
Figuring out how to pay off credit card debt
One of the biggest reasons why Americans file for bankruptcy is due to credit card debt. This kind of debt can build up quickly and can be difficult to pay off, as the average balance for credit card debt is around $16,000. Those with credit card debt could consider...
Study compares cities with worst credit card debt
A recent study by CreditCards.com looked at the average credit card debt burdens of 25 major metropolitan areas. The study compared each city’s average credit card debt with the area’s median income in order to calculate how long it would take a person...
What a creditor can and cannot say to you
Getting in over your head in credit card debt is easy to do. After all, what’s $20 when it’s not coming straight from your wallet? But being delinquent on payments can mean having debt collectors calling you to make your payments. There are rules these...
Debt settlement companies: can you trust them?
Finding yourself under a figurative mountain of credit card debt is one of the easiest things you can do financially as an American. If this describes you, then you can take some solace that you are in popular company: the average American household that carries a...
Getting in over your head with credit cards is easy to do
There is an old saying among actors: "Dying is easy, comedy's the hard part." In a similar vein, for many people - whether it's here in New Jersey or anyplace else - obtaining a credit card and running up a balance can be easy to do, and finding yourself with a...
What can I do to stop a creditor from harassing me?
If you have not personally had an unpleasant experience dealing with a debt collector, you may know someone who has. In either event you may wonder if the collector has gone too far in its efforts to collect.What can be done to stop a creditor from engaging in...
Younger Americans increasingly tending to avoid credit cards
The use of credit cards by people in the 18-to-29 age group -- the so-called "millennials" -- appears to be significantly less than generations of Americans who have preceded them. Why that is, and its effects both positive and negative, is having an impact on the...
