Credit Card Debt Program-The Right Way To Go

September 14, 2011 by  
Filed under , Living Debt & Credit Free

Of course I am just generalizing since there is no way for me to know everyone’s own unique situation. However, being that I am considered a pretty good resource in this industry as well as having high valued knowledge in this field I can make those kinds of statements. As you will soon learn, I am not a big fan of credit card companies or their practices. So yes, I will always advise everyone to find a good credit card debt program and then join to eliminate credit debt of this kind as quickly as possible.

Reduce Credit Debt-There Are Many Ways to Achieve This

September 10,2018 by  
Filed under , Living Debt & Credit Free

Reduce credit debt. We hear this phrase a lot when seeking advice as to how we can live a more comfortable life. It all sounds so easy. Truth be told, it does come down to those three little words now doesn’t it. The more we can reduce credit debt, the more we have left over at the end of the month for ourselves.  A  lesson emphasized often if you take a reduce debt through credit counseling course(excellent by the way).

Credit Debt Solutions-Pay Credit Debt Down

September 8,2018 by  
Filed under , Living Debt & Credit Free

Credit debt solutions-giving us the means to pay credit debt down and improving our financial future, is a simple strategy that we can implement in our everyday lives that will enable us to easily save money that normally we were throwing away. The money that we save will then be exclusively used to pay credit debt down that currently is doing nothing but hurting our overall finances. The result of all this will be a new ability to save for our future, which in turn will help us achieve greater financial stability. This information is by no means attempting to cover every way this can be done, but just a select few in order to remind everyone that by changing the way we think, we can change the outcome of our future.

How Do We Eliminate Credit Debt

September 5,2018 by  
Filed under , Living Debt & Credit Free

It’s not as easy as it used to be to eliminate credit debt. Getting ourselves behind is much easier than getting ourselves ahead. With the rising cost of living and smaller raises, it’s not hard to accumulate debt. Sometimes, it’s so hard to understand why we just can’t seem to make it. Last month, we got a $.25 per hour raise but it just doesn’t seem to help much.

How Can We Settle Credit Debt

September 3,2018 by  
Filed under , Living Debt & Credit Free

How can we settle credit debt so we can stop day dreaming about the future without all the collection calls? Having dinner without someone calling right in the middle of it to ask you for money? Can it be possible to settle your credit debt?

How Does Bad Mortgage Credit Affect Our Future

Having bad mortgage credit can drastically affect and hurt our future. In today’s economic uncertainty, we hear of more and more people losing their homes. Losing a home is devastating enough, but what most people don’t realize is that they have also lost their financial security. The affects of losing this security can go on for years and years and not only affect them but their families as well. 

Credit Cards-Is Life fantastic with Plastic

August 2,2018 by  
Filed under Living Debt & Credit Free

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Ah, credit cards, the thing we love to hate the most.  Let’s face it though; there really is only 2 days a month that we really feel that way. I don’t believe I need a drum roll for this, do I?  We all know the days. Like when our favorite mail carrier drops off the bill, or when we put the stamp on the envelope and kiss our hard-earned money good bye.

For me personally, it wasn’t so much of the fact that it was time for me to pay for my purchases, as it was that I agreed to pay more then the asking purchase price and not by a little either. By the time interest rate is factored in, plus the length of time you actually pay it off, wow, that’s just flat out depressing (not to mention crazy and foolish). Having the ability to use credit cards is not a bad thing, but for most of us, we  just need to use them more wisely.

Using credit cards wisely can be a nice safety net for you and your family. We never know when an emergency will arise, when one of our favorite appliances decides to go on a long awaited vacation(and decides not to come back), or when we really do need an everyday item, but we just don’t have the cash at the moment.

So yes, life can be fantastic with plastic, but only when we use our credit cards properly.  And as life generally goes, we only learn the good lessons after we totally have screwed something up.

Your Credit Rating And What It Affects

August 2,2018 by  
Filed under Living Debt & Credit Free

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Any time you take out credit for the purpose of making a purchase, or for any other reason in fact, this will affect your credit rating. This information goes into a file which is held by any one (or more) of a number of credit rating monitoring agencies in your country. Any payments you make (or miss) and any changes to your account are recorded in this file. Depending on the agency, your credit rating is judged on the basis of the information held on this file. Any payments you make are given a positive score (the higher the payment, the better the score) and any you miss are given a negative score.

The scores are tallied into an overall score marking your credit history, and your worthiness for further credit. This is then consulted by any company or lender who wishes to appraise your application for credit. If you have a history of missing payments, then the low score you receive will make it less likely you can secure credit for a further purchase. A history of making payments on time and in full will make it more likely.

Of course, there are other things taken into account. Your monthly income is also important, as even people who are very responsible when it comes to making the payments expected of them will struggle when it comes to paying a monthly payment that makes up a significant portion of their monthly income. Over commitment is a major reason why people fall into serious debt, so pay attention to your commitments.