Flat is the new up!

rich, just like it didn’t stop Donald Trump. Instead, it should make you adjust how you control your finances ... : Pay off your debt – list out every penny you owe and the interest rate next to it. Chances ... from the bank. So instead of making the minimum payment on your credit cards each month, pay them off. Spend [more...]

Date: 2008-12-09 04:01:41

Blog posts (122) | Videos (125)
 

Declare Bankruptcy, or Tough It Out?

One of our readers, Jill, had this question for us: Mr. Credit Card, We have kept up all our payments and haven’t been 30 days late in 5 years ... us any? We currently owe 38,000 in unsecured debt, 116,000 on two mortgages on our home which is valued ... go about taking that path first, then we’ll look at the reverse situation. Right now, you are [more...]

Date: 2008-11-11 09:45:44

More Tips on Eliminating Debts

This can be considered a follow up on the previous post on eliminating debts ... of financial obligations to settle is debt consolidation. It takes away the risk of getting penalized ... they know it. If you are one of the typical credit card clients who make late payments, you should [more...]

Date: 2008-11-30 03:49:19

Short Term Debt Problems - Take Control

Short term debt problems are manageable problems associated with temporary job loss, sickness, ... your credit card balance onto another card, with a 0% interest period is also a recommended action ... into consideration when evaluating your credit situation. Prioritise your Payments Prioritizing [more...]

Date: 2009-01-10 10:47:14

THE FINTAG NEWSLETTER @ 25 August 2009

FINTAG COMMENT Plastic Ono Bank. Bank of America is having trouble packaging up its credit card receivables and flogging them on. You see, to get a decent FICO score you need debts that are likely to be paid back but BoA seems unable to throw any into the mix. I made the error yesterday of stating Mastercard and Visa were in trouble and rightly so I was shot down for they are payment processors not debt holders. I was using a metaphorical term but it didn't work. [more...]

Date: 2009-08-25 23:35:00

On debt

Sometime ago I met a guy that tried to sell me a debt reduction program ... to allocate payments to serve any debt that I could have. Furthermore, he claimed this program ... a camera today, but you will have all the cash available in a few days. Fine, use the credit card [more...]

Date: 2008-12-13 19:07:00

Does The Economy Make You Want To Pay Off Debt Or Build Up Savings?

Editor’s note:  I set this post to publish yesterday and made the classic “New Year” mistake of setting the date to 2008! ... , and then systematically started debt-killing.  First the credit card, then one student loan, then the car loan.  Now, we’re left with a $10000+ student loan, and a minimum payment of $145 versus [more...]

Date: 2009-01-09 15:08:06

Collection Agency Demands “Lump Sum”

A reader asked for advice in response to a collection agency demanding a lump sum and refusing to accept a payment plan.. Hi Barry, I have a question for you regarding a collection agency. I have a credit card account ... . I’ve been working with Bank of America through a payment program, but they recently sold the debt [more...]

Date: 2008-11-12 01:48:47

Can A Credit Card Company Garnish My Wages?

Some debt collectors, and even credit card companies, will threaten you with a wage garnishment action for non payment. [more...]

Date: 2009-01-14 01:50:34

Debt Consolidation.

It is quite alarming to know that families find it hard to get by from day to day on average combined salary of two working parents ... . Most resort to having multiple credit cards and multiple loans to have basic needs met - mortgages, insurance, car payments, tuition fees of children. This is because their monthly ... [more...]

Date: 2008-12-22 18:06:45

Getting Out Of Credit Card Debt

Now that the nation is fully aware of how much debt we are facing as a country and individuals the time has come for each person to address their own personal finance demons.  The one thing that commonly holds consumers back from achieving their financial goals is high interest credit card debt.  Statistics vary on how much debt each household is currently carrying but the sad truth is many people are living paycheck to paycheck just trying to make ends meet.  When credit card payments [more...]

Date: 2009-09-07 06:00:00

Debt Consolidation: Will It Help Me?

We are in uncertain economic times.Many are falling behind in mortgages, student loans, car payments and credit card payments ... clearly explains what bankruptcy, debt consolidation, third party credit counseling and debt settlement ... will negatively affect your credit score and cause an increase in credit card interest rates.One of the best [more...]

Date: 2008-11-30 20:48:00

Financial hopes for 2009

I don’t think I recorded any goals to accomplish in 2008. Sure, I had some, but I never wrote them down. So, I can’t look back and say, “Aha! ... , we started the year without any credit card debt and kept out of credit card debt since. We built ... away! - Eliminate our car payment. We owe about $8k on our car and we expect to own it outright [more...]

Date: 2009-01-08 17:54:14

Debt Management Solutions - Avoid Debt Elimination Scams?

Acquiring a large amount of debt is burdensome. Because of high monthly payments, many people are unable to make minimum payments ... claiming that they can eliminate your debt legally. According to these organizations, credit card ... skipping credit card payments may be tempting, this does not eliminate the problem. In fact, this makes [more...]

Date: 2009-01-10 07:09:34

Three Easy Steps For Climbing Out Of Debt

Yesterday I read a weeks worth of all the blogs I follow and one spoke about debt, specifically credit card debt. Some people rack up tens of thousands of dollars worth of credit card debt which to me seems ... dodged the credit card trap may still have mortgages, student loans car payments, etc. While debt [more...]

Date: 2008-12-29 02:54:00

How To Pay Off $14,330 In 20 Months

Written by Ben Popken Stuck in a $14,300 debt hole, reader Trixare4kids was able to dig herself out using tips she learned about on Consumerist.com ... it all in 20 months. She writes: “This morning I made my very last payment on $14,300 in credit card debt ... credit card company and tried to negotiate for a lower rate. I was successful with a lot of [more...]

Date: 2008-10-07 18:29:39

Debt Consolidation

  Are you concerned about your personal finances, and especially your debt, in this current economy? ... Consolidation: taking multiple debt or credit lines and consolidating them into one new payoff plan ... with one payment, typically shifting credit card debts to secured debt by refinancing a mortgage. It could also [more...]

Date: 2008-11-20 21:04:14

Debt Relief

Are in debt over your head? Unfortunately, most Americans are and the bad economy right now isn’t helping them get out of debt any quicker! ... for you, they also have other solutions, such as credit counseling, debt consolidation, bankruptcy and credit card monthly payments. You will pay significantly less, though, if you’re able to take advantage [more...]

Date: 2008-11-14 19:53:21

The Last 30 Years Weren’t Good For America’s Financial Picture

by William Blake The answer to that lies in remembering just what we were like in the late seventies, and where we are now ... mainstream consciousness with the advent of electronic payment processing. Credit card debt ... a credit card became a little tougher. Consumers in the late seventies were by and large cash [more...]

Date: 2008-10-29 15:56:05

Eliminate Debt

We can't deny the fact that our world suffered economic crises nowadays ... own more than one credit card, car payment, mortgage, bills, student loans, personal loans, home ... , lower credit card payments, budgeting debt, stay debt free and many more. It's guaranteed safe [more...]

Date: 2008-11-23 16:25:14

Debt

It is not a pretty time in our economy, folks: job losses, mortgage crisis, serious debt issues ... , Debt Counseling, Bankruptcy, and Credit Card Monthly Payment. An additional option is Freedom Debt ... , and the great convo we had yesterday evening already on my mind, I came across a debt relief program [more...]

Date: 2008-11-15 06:46:40

Dealing With Credit Repair

Mistakes are inevitable. Instead of blaming yourself or others for getting in a huge debt trouble, ... . They will understand. Just be patient. •    Stop credit card usage. Just to pave way to debt payments, refraining ... much you can save to add up to debt payments. •    Review credit reports or statements. Understand [more...]

Date: 2008-11-17 13:18:37

Two Options For Debt Control Considered

There are so many people who simply want to know how they can escape from the heavy burden of debt they are saddled with ... all of them together into one payment. Sometimes a credit card company or debt consolidation agency ... . There are some disadvantages to debt consolidation plans. You will have to cancel all your credit cards, which [more...]

Date: 2008-07-25 10:57:50

Reader Pays Off $14,330 In 20 Months With Our Tips [Debt]

Stuck in a $14,300 debt hole, reader Trixare4kids was able to dig herself out using tips she learned about on Consumerist.com ... it all in 20 months. She writes: "This morning I made my very last payment on $14,300 in credit card debt ... credit card company and tried to negotiate for a lower rate. I was successful with a lot of them. In once [more...]

Date: 2008-10-06 20:35:27

I don’t like debt

Piling of debts can lead to dangerous and often shameful situation. It’s very hard for me to handle more than one debt ... that are searching nor looking a reliable and excellent provider of debt consolidation? No Debt Today group all your credit card payments into a much reduced, onetime payment or they arrange [more...]

Date: 2008-11-24 11:04:56

Debt Settlement

These are difficult times and it is absolutely common to also find to much people loaded with enough of debt without guarantee and of debts of the credit card. You must know that these debts attract very heavy types of interest and the stiff fines are imposed before delayed payments. It is obvious that one cannot go ignition to pay these debts especially when there are losses of work and many do not have a regular monthly rent. [more...]

Date: 2009-09-22 17:14:17

Debtors must go in for credit card counseling

by William Blake Credit card misuse is extremely widespread ... is rejected by banks or financial institutions. They must realize that credit card debt is an unsecured ... on you credit card more frequently than on a monthly basis. It is possible to make a payment whenever [more...]

Date: 2008-11-05 08:40:28

Money Match #5: Erin, Nashville Female Seeking Friends

It's been a while since we had any Money Match posts-- mainly because I totally flaked out and let a couple entries languish in the depths of my ... . This of course is my only form of debt, 54k in student loans. I have no credit card debt, no car payment, etc ... have me showing up on her front porch if I lived in Nashville! Email me at openwallet1 at [more...]

Date: 2008-10-28 13:17:00

Two Financial Goals - Less Debt, More Income

This article is part of an M-Network group writing project, the 12 Days of Christmas - Personal Finance Style ... beast which can be incredibly difficult to slay - especially credit card debt, which can have interest ... up your credit cards and stop spending more than you earn. Accelerate your debt payments. After [more...]

Date: 2008-12-02 11:10:55

Debt consolidation Loan/Credit Card?

I have a bunch of credit card debt and am looking to consolidate it ... ( over 21% for one of them). The problem is being in a lot of debt i dont get enough credit ... with a perfect payment history but hight debt to available credit ratio can consolidate? It is nice [more...]

Date: 2009-01-07 12:21:12

How To Handle A Credit Card Debt in Collections

A Money Crasher’s reader recently sent me a message about a credit card balance in collections ... : I have a credit card debt of a little of 8,000. It went to collection, and I just don’ ... through. Do you think it would be possible for me to set up a payment plan with the collection [more...]

Date: 2008-10-30 17:44:25

Telemarketer calling from 714-679-2140 (Santa Ana, CA)

Annoyed reported a Telemarketer (7146792140 from Santa Ana area, CA) . The following comments were posted: Got an unsolicited text message from them "Do you have 10k or more in credit card debt? Our debt relief program CUTS your payments and total debt by over HALF. No upfront fees. May we contact you?" Permalink: http://www.numberinvestigator.com/phone/714-679-2140.html [more...]

Date: 2009-09-29 18:08:38

How to Get Credit Card Debt Collectors to Focus Their Energy Elsewhere

Most of those people who cannot afford to pay their monthly minimum credit card payment become potential victims of the consumer debt collection industry. However, a growing number of consumers have found a law to protect themselves against credit card debt collectors. [more...]

Date: 2009-09-26 12:39:41

Is Debt Consolidation The Right Choice For You?

by William Blake Debt consolidation means to combine several small debts into one single payment per month in order to lower monthly payments or high interest rates. Typically, consumers will consolidate credit card debt, medical bills ... rate and create payments that are more manageable. Keep in mind that for debt consolidation [more...]

Date: 2008-10-27 12:23:33

debt debt debt

A debt consolidation company will allow you to make minimum monthly payments. But your principal amount will not be reduced ... have expected, but not stellar by any means. Oh, yeah — any credit card debt forgiveness counts as income ... payment options. Check out this debt settlement company who has helped me with the unsecured debt [more...]

Date: 2008-09-29 12:40:58

Debt Consolidation for You

Adult people in United Sates are able to have more than two credit cards in their wallet. And you know, its mean double debts. Any people complain about credit card payment in recent months. As you know global crisis ... . The other offering that available here is debt counseling. You can read the comprehensive information [more...]

Date: 2009-01-14 03:37:03

Telemarketer calling from 949-981-0364 (Irvine, CA)

Alphanumericone reported a Telemarketer (9499810364 from Irvine area, CA) . The following comments were posted: Spam text message stating "Do you have 10k or more in credit card debt? Our debt relief program CUTS your payments and total debt by over HALF. No upfront fees. May we contact you? Permalink: http://www.numberinvestigator.com/phone/949-981-0364.html [more...]

Date: 2009-09-29 16:12:12

Credit card roulette

Sometimes the credit card industry amazes me. No correct that --- the industry disgusts me ... that will have its own bailout/bad debt issues if the recession worsens, sends preapproved credit cards ... . A payment could not be deemed late unless the borrower is given a reasonable period of time [more...]

Date: 2008-12-18 15:13:37

Can Debt Consolidation Help To Overcome Credit Card Debts?

Are you looking for some inside information on being sued for debt? Here’s an up-to-date report from debt consolidation experts who should know. A debt consolidation loan enables you to reduce these high payments and avoid expensive loan penalties. Creditors will give customers with a good credit history a better rate to keep their business. Once you have rates as low, target the cards with the highest rates first, then work your way down the list. [more...]

Date: 2009-09-19 12:42:52

Can Debt Consolidation Help To Overcome Credit Card Debts?

Are you looking for some inside information on being sued for debt? Here’s an up-to-date report from debt consolidation experts who should know. A debt consolidation loan enables you to reduce these high payments and avoid expensive loan penalties. Creditors will give customers with a good credit history a better rate to keep their business. Once you have rates as low, target the cards with the highest rates first, then work your way down the list. [more...]

Date: 2009-09-16 18:49:56

Credit Spiral

So, say you’ve had a good relationship with a credit card company and been paying off substantially more than minimum payment over recent months ... from the credit card company saying they’re reducing your credit limit, right before Christmas. Would ... of our house leading to a less positive debt ratio report from a credit rating agency [more...]

Date: 2008-11-26 19:39:28

Bad Credit Consolidation: When Its Necessary

by Jill Harney Bad credit consolidation is something that everyone seems to go through at some point ... cannot keep up with their mortgage payments. Most bad credit and the resulting card debt consolidation ... way out is consolidation of debt. Credit problems can start off small but when large sums [more...]

Date: 2008-07-17 15:05:54

A Personal Bail Out Program for Consumers Stuck in the Credit Crunch

PASADENA, Calif., Sept. 24 (SEND2PRESS NEWSWIRE) -- Credit Crunch Fix (CreditCrunchFix.com) ... mortgage payments, credit card debt and even utility interruptions. The attorney-created service is not debt settlement or credit repair, nor legal counsel. Credit Crunch Fix allows consumers [more...]

Date: 2008-09-24 16:49:15

Debt Negotiation with Credit Card Companies

by Daniel Atolben Are you drowning in debt and finding it difficult to make your monthly payments? ... to a collection agency. Since credit card companies won’t be getting all the money that you’ve agreed ... Even if you’ve had no problem controlling your debt in the past, there may be something unexpected [more...]

Date: 2008-11-26 19:15:29

Sunday Money Roundup - Balmy And 60 Edition.

OK, it is the middle of November, we already had our first snowfall of the season, and now it has been 60 degrees for a week straight ... . Micah reminds us that your minimum payment amount on your credit card bill affects your debt ... is better than going into debt just to buy gifts, so there is definitely a positive reason [more...]

Date: 2008-11-16 14:00:56

Immediate Credit Card Debt Relief

Credit card debt relief can be accomplished through several ways. First of all though is to accept the fact that paying a monthly payment that is more than 20% of the monthly income other than for a mortgage or rent spells trouble. [more...]

Date: 2009-09-26 11:20:17

How A Consolidation Loan Can Help You

by Mike Carbeck Misusing credit cards is the main reason people run into uncontrollable spending and find themselves facing large payments combined ... cards, however this is where the similarities end. These loans will roll all of your credit card debt into one lump loan and will eliminate the individual interest rates that some credit card companie [more...]

Date: 2008-12-03 10:44:44

Budget for the recession now

Photo by: mugley While the economists debate whether we are in a recession or not, ... to impact all of our budgets. Many people are currently buried in debt, from high mortgage payments to owing large balances on multiple credit cards. Let’s face it, credit card companies [more...]

Date: 2008-06-19 10:26:34

Green Panda Treehouse serves up a feast of a Carnival

A big thank-you to Green Panda Treehouse for the fantastic feast of a Carnival this week, from hors d’ouvres to the desserts ... an economic crisis. No Credit Needed describes how credit card companies calculate minimum monthly payments. Erase Debt shows how to get rid of debt with less stress. Finance Tips 101 reports on dealing [more...]

Date: 2008-12-02 09:36:21

Debt consolidation

As with most Americans there are few things as bad as being deep in debt ... card consolidation. I will need to get the payment on my credit cards back where I can afford to pay ... . Debt Consolidation is one option that I am looking at and I will need to make up my mind quickly [more...]

Date: 2009-01-08 01:39:30

51 - 100 of 122 Posts
Page: First | < Preceding | Next >
0 | 1 | 2