You might be tempted to use your credit cards, increase your balance, and then the minimum payment at the end of the month. However, taking this approach can trap you into a vicious cycle of debt that’s hard to escape.
If you’ve overused your credit cards and maxed out one (or more), it’s time to get back on track. Here are six ways to deal with those maxed out cards and to get yourself back on track.
If you’ve decided to take control of your debt, you probably know that your credit is one of the key pillars of personal finance. Here, we break down the differences between your credit score and your credit report.
For a young generation, millennials certainly carry a lot of debt. But this doesn’t mean that they should be resigned to being debt-ridden forever. The first step: Debunk the top three common misconceptions about credit.
Credit card debt is rampant in America. But with the uptick in the economy, lenders are feeling more optimistic about extending credit. But at what cost? Here are five things to keep in mind if you’re considering consolidating your credit card debt.
The prospect of a 0 percent interest balance transfer might sound tempting, offering a few months without having to pay interest on your credit card debts. But before you lunge at the opportunity, take a moment to consider what it entails.
Credit card consolidation is the best debt relief option for many consumers. Understand the intricacies of how the process works and its risks.
A credit card is a tool, but it can lead you into financial trouble if you aren’t careful. Here are four common credit card pitfalls to avoid at all costs.
If you choose to consolidate your credit card debt and have a feasible plan to pay it off, that’s a great choice – but here are the top four credit card consolidation mistakes you should avoid.