Canceling Credit Cards: How Is Your Credit Score Affected?

Some people that find themselves working with credit counselors, advisors and money gurus will sometimes get the feeling that the only answer they arrive at for solving their debt issues is canceling credit cards. This is a very misguided belief that can bring about the creation of new, worse habits when dealing with money and …

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WARNING: Stop Using Your Credit Card

Spending money is easy, but spending money can be done even easier when all is required is swiping your credit card. When you use a credit card, you do not see the actual money disappearing from your pockets, wallets, and purses. It is also possible to even spend without the realization that whatever you charge …

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College Students and the Weight of Credit Card Rates

The beginning of the academic year always brings the deluge of credit card offers to college campuses. At one time in recent history, card lenders took advantage of our nation’s college-bound youth, issuing cards to young adults enthusiastically. In 2009, legislation was passed that many of those lender tactics illegal. But even with those changes, …

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The Minimum Payment Credit Card Debt Trap

Credit cards are the one thing that face many financial problems repeatedly, yet still keep going. Owners of credit cards leave a curse on their credit card due to the financial stress they go through with them. However, no problem comes without solution, which is why it is time you get to know your credit …

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The Credit Card Act

When the economy went into a recession in 2008 the Federal Government took an initiative to try to protect consumers. The increase amount of house foreclosures has dropped and the economy is slowly recovering the American people are still in debt. A single person on an average is $3,200 in debt while a household average …

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Safety Precautions While Traveling With Your Credit Card

When the summer is here and most of you are preparing your trips to hills, beach or museum. You won’t ever want to worry about your credit card at this point! At one point or the other, every one of you struggles with credit card security especially while traveling abroad. Good news for you is …

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How to Use Credit Cards Wisely

Credit cards have many real advantages. The key is knowing how to use a credit card wisely. They can save time for shoppers, offer the flexibility we sometimes need to make larger than average purchases, and eliminate the risks associated with carrying large amounts of cash. A virtual necessity in today’s consumer economy, credit cards …

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