I think I can safely speak for just about everyone on the planet when I say that being deep in credit card debt sucks. Whether you went on some crazy spending spree with your favorite Visa card, or had to resort to paying bills with your MasterCard to help make ends meet, ending up with [...]
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Continue ReadingThe warning signs have been there for some time now, but for one reason or another, you’ve been ignoring them. Maybe you like using them so much, you just can’t bear the thought of having to part with them. Whatever reason you may have for holding onto your old credit cards, you may not realize [...]
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Continue ReadingThis Week in Credit News US Consumer Credit Rises In May For 8th Straight Month “Consumer credit rose by $5.08 billion, the eighth consecutive increase, according to the Federal Reserve in a report Friday used as a harbinger of consumer spending. Economists surveyed by Dow Jones Newswires had forecast a $3 billion climb in credit.” [...]
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Continue ReadingI was reading my RSS feeds the other night, and saw a rather interesting survey on consumer knowledge of credit and debt. The survey’s findings were a little discouraging to say the least. They found that, despite the hard lessons you’d think most people had learned during the economic downturn, many are continuing to carry [...]
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Continue ReadingSummer time, and the livin’s easy… Hope everyone here had a great 4th of July weekend! Now that summer is officially here, I’m finding it hard to concentrate on anything not related to beaches and barbeques for more than a few minutes at a time (You don’t even wanna know how long it took me [...]
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Continue ReadingThis Week in Credit News Hot Deals for Travel-Reward Credit Cards Study: Credit Card Issuers Can Do More on Safety Some merchants stop taking credit cards because of high fees This Week’s Credit Blog Credit Repair News: Late Payments Lowest Since Before Recession Credit Repair Tips: Dealing With Medical Bills Have a happy 4th of [...]
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Continue ReadingBefore we get into the topic at hand, I have a story to tell that actually ties into said topic; so if the four or five people who may read this will indulge me for a moment… A couple of weeks ago, I drove over to my parents’ house for dinner. My mom had sent [...]
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Continue ReadingWell here’s some good news in the world of credit repair: According to an article posted by the Associated Press, consumers have started paying their credit card bills on time again. Late payments on credit card accounts are at the lowest they’ve been since before the recession kicked into high gear, according to data collected [...]
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Continue ReadingSo you say you’re in debt. Not just in debt, but so far deep in debt that you barely know which way is up anymore, and it’s getting harder and harder to tread water. So why don’t you start taking steps to find debt relief and clean up your credit? With a mountain of debt [...]
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Continue ReadingThis Week in Credit News Ex-Credit Suisse Broker Should Go to Prison Now, U.S. Says “Former Credit Suisse Group AG broker Eric Butler, whose conspiracy conviction for fraudulently selling securities was upheld yesterday, should go immediately to prison, the U.S. said.” Late credit card payments hit pre-recession level “Late payments on credit cards have dropped [...]
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