February 17, 2012 – 8:21 am | No Comment

Studies show that over 75% of college students have a credit card, and they can be a great asset for a student. Credit cards are convenient, can help build a good credit history and can help young people learn money management skills.

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Articles in Credit Card Debt

Can you afford to get sick?
September 15, 2008 – 5:35 am | 12 Comments

This week at work has been interesting, what with Ike bearing down on us and most of the coast evacuating to our already over-crowded city. Austin wasn’t really prepared to handle the influx of people …

TransUnion Offers 5 Money Management Tips
September 14, 2008 – 5:52 am | No Comment

Originally these tips were geared towards college students and labeled Finance 101. However, I feel like these simple tips are more appropriate to the general populace rather than financially uneducated students because they’re a bit …

Legalizing Drugs To Benefit The Economy?
September 8, 2008 – 7:16 am | 29 Comments

Don’t worry, you’re not on the wrong blog, I assure you. I just happen to hear some of the most interesting things sometimes and I thought this would be a topic we could really sink …

Bi-Monthly Credit Card Payments
August 17, 2008 – 6:33 am | 4 Comments

Here’s something to consider: most of us don’t go into debt over one purchase. It’s usually a combination of many purchases over a period of time coupled with the compounding interest from our credit cards, …

A REALLY Stupid Money Move
August 7, 2008 – 7:00 am | 3 Comments

I read a story online about some of the stupid things people do with money and one of the comments was from someone in the banking industry. He said that he had a client who …

401(k) Credit and Debit Cards
July 21, 2008 – 6:20 am | 8 Comments

I’m disgusted. Ok, perhaps that’s a bit harsh. Irritated really isn’t, though.

We got an email at work today saying that our company may participate in this new program that allows debit and credit cards to be issued for 401(k)s – something called ReservePlus. Essentially, if our company signs up for this program, there’s a limit set for how much you want to spend from the account and this becomes the “limit” of the card.

What this boils down to is this card gives employees a different way to access a 401(k) loan…

5 Goofy Reasons to Rack Up Credit Card Debt
July 9, 2008 – 4:42 am | One Comment

I came across a website today that listed five good reasons to rack up credit card debt. You can read the original post here. But, I’m in a bit of a crusty mood today and …

Credit Card Debt After Death
July 3, 2008 – 5:59 am | 4 Comments

The good news is credit card debt can’t follow you into the hereafter – I’m pretty sure there’s no debtor’s hell where you spend time for leaving debt here on Earth. The bad news is …

To Cosign Or Not To Cosign: That is the Question
June 30, 2008 – 2:08 am | 4 Comments

We all know that cosigning a credit card application can be a risky venture – one that doesn’t have a great return on it, either. If the borrower runs up the credit card and then …

Debt Collector’s Getting Their Day In Court
June 18, 2008 – 6:21 am | 4 Comments

Sometimes our legal system amazes me. I mean, who would have thought that a woman could sue McDonald’s for burning herself with hot coffee? I don’t think many people believe in the ‘innocent until proven …

Are Your Friends Putting You in Debt?
June 9, 2008 – 5:42 pm | 2 Comments

We’ve all been to those dinners with friends where we feel obligated to pick up the tab, or they order fillet mignon and we get a side salad. It’s tough when you’re in different financial …

Surprising Purchases that Put People In Debt
June 4, 2008 – 11:52 am | 4 Comments

Ok, technically these aren’t really surprising to me, but maybe some of you have never thought of them before. Or maybe you know someone who is now in credit card debt to their ears because …

7 Ways to Stay in Debt Forever
May 21, 2008 – 6:33 pm | One Comment

For Dillon Debton, it was love at first sight. He pulled the envelope out of the mailbox and held it up to the gleaming sunlight. His name marched across the front of …

Auctioning Debt to the Highest Bidder?
May 15, 2008 – 6:51 pm | 4 Comments

If you haven’t heard the news buzzing around about auctioning off debt on eBay, allow me to fill you in. A woman in Erie, PA tried to auction off her debt, totaling $103,245.11. She listed …