Even though I got my first credit card more than 25 years ago, I remember it like it was yesterday. I was a freshman attending the University of California, Irvine. At age 18, just receiving an invitation to apply for ...
You don’t need to be a rocket scientist to figure out that having a lot of credit card debt can be a drag. Duh. It’s no fun stressing every time you get your monthly credit card statements or worrying if ...
any of my readers want to get out of debt – especially at the beginning if the New Year when they’ve made various financial resolutions. One recurring question I’m often asked is: which debts should I pay off first -- ...
A reader on AskTheMoneyCoach.com wants to know what to do about debt she can no longer afford to pay due to the loss of the family’s primary breadwinner. This person probably has more leverage than she might anticipate with her ...
Many people say they want to get out of debt but they continue to make the same financial mistakes over and over again. In this video, I'll tell you 4 of the dumbest things you can do if you want ...
One of the primary reasons why people choose to consolidate credit card debt is to reduce their interest payments and also reduce their overall monthly payments. Just like a regular loan consolidation program, a credit card debt consolidation program can ...
f those credit card balances just never seem to disappear or you’re drowning in debt, you need a realistic payoff plan to get your financial house back in order. According to CreditCards.com, the average credit card debt per household with ...
Transferring your credit card balances (balance transfers) can be an effective way to save on interest you would otherwise accumulate on a high-interest credit card, and can also increase your credit score as you clear up your credit lines. However, ...
Even though you might be very good about paying your credit cards on time, knocking out your balances in full each month, or keeping your debts to a minimum, you might still be making some common mistakes with your ...
Many people ask me about various payment strategies to eliminate debt. So in this post, I’ll offer some guidance on how to effectively reduce debt and keep your finances strong. Specifically, let me answer the following question someone recently asked: ...
It’s a question all consumers struggling with debt will have to confront at one point or another: Should I use my savings to pay off my credit card bills? Generally speaking, I don’t think it’s a wise idea to tap ...
If you or a loved one is awash in credit card debt, the situation might look hopeless. After all, you may be staring at thousands of dollars worth of credit card bills with no real idea about how to eliminate ...
Dealing with debt collectors is stressful. They call at all hours of the day and night. They hound you for money - whether you're working or unemployed. And they generally make life unpleasant when you owe them, or one of ...
If you missed my interview on LX New York, I talked about how I paid off over $100,000 in credit card debt: Zero Debt outlines 30 strategies I used to get out of debt, but here are a few highlights: ...
Q: I am a single mother of 3 kids and have a debt total of more than $30,000. I don't have any savings or investments, and nothing saved for retirement or college education. I am facing garnishment of my wages ...
