Articles in Credit Card Debt
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 …
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, …
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 …
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…
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
There’s a saying that goes, “It’s not how much you make, it’s how much you keep.” My kids are pretty creative when it comes to making money – they have the entrepreneurial American spirit. …
But I thought that debt was debt. Isn’t all debt “bad”?
I would say that most debt is “bad”. Think about it: interest doesn’t take sick days or vacations and works 24 hours a …
