Category Archives: Debt
The Truth About ‘Charge-Off’
If there’s one thing we know for sure about credit, it’s that debt doesn’t just go away. When you’re dealing with high debt, it can be tempting to look for an easy way out. Terms like “debt settlement” and “charge-off” … Continue reading
Should You Use Credit Cards While You’re Rebuilding Working on Your Credit
If you’re not happy with your credit score, you may decide it’s time to take a look at your finances, pay down your credit card debt and work your credit. You’ll have a lot to think about as you plan … Continue reading
Should You Use Credit Cards While You’re Rebuilding Your Credit
If you’re not happy with your credit score, you may decide it’s time to take control of your finances, pay down your credit card debt and rebuild your credit. You’ll have a lot to think about as you plan your … Continue reading
Balance Transfer: Facts Behind That Zero Percent Promise
They used to come much more frequently, so getting that envelope with the zero percent balance transfer offer in it can be really exciting these days. If you’re burdened with interest from credit card debt, that no-interest or low-interest offer … Continue reading
Surprising Facts about Payday Loans
When you’re in a jam and need money to carry you over to the next paycheck, where do you turn? Maybe you’re already deeply in debt, and have tapped other sources of quick money, like family and friends. Or pPerhaps … Continue reading
What Debt Settlement Means for Your Credit Score
It’s safe to say no one really feels good about having a lot of debt. On top of the financial impact of high payments, which drain your resources, being deeply in debt can weigh you down mentally. When you’re in … Continue reading
How to Prepare for a Small Business Loan
A small business loan can help you launch or maintain your business, but unless you have your financial ducks in a row, your chances of securing funding may be more of a dream than a reality. For startups and businesses … Continue reading
Three Benefits of Transferring Your Credit Card Balance
You may feel overwhelmed by credit card debt, but did you know that transferring what you owe to another credit card may help you kiss your balance good bye? From paying off credit card debt faster to saving on future … Continue reading
Primed to Talk About the Prime Rate
What is the prime rate? Do you know? Not everyone does. In fact, it’s not uncommon that many people wouldn’t be able to tell you the number value of the current prime interest rate, but oftentimes they’re not sure what … Continue reading
Budgeting for Debt: Five Steps You Must Take
The most recent numbers available (as of Oct. 2011) show that Americans’ total debt on revolving credit accounts (think: credit cards) topped $792 billion, according to the Federal Reserve. If you’re carrying even some credit card debt, you know that … Continue reading