Most people have to acquire some debt to afford things such as a home, car, college or other significant purchases. But while some debt is typical, it isn't always easy to realize when it becomes more than you can handle. Here are five common signs your finances are...
Credit Card Debt
What is an automatic stay?
When you struggle with debt, it can be difficult to escape the thought of that burden. Persistent collections attempts from creditors can make that even worse. You may find written demands in your mailbox or email inbox. The messages on your phone may be filled with...
Are credit cards addictive?
Do you ever feel like you just can’t stop spending? Whether you primarily shop in person or online, do you make purchases that you know you can’t afford? The reason could be the fact that you’re using a credit card. Experts warn that credit cards can be addictive and...
Average household debts are high, but it’s a norm in America
You have always been good with money, but over the recent year, you’ve found that you’ve been putting more and more onto your credit cards. You want nicer things, and since you make plenty of money, you only think about debt in terms of how long it will take to pay it...
Can a credit card company garnish my wages?
Individuals in deep debt often experience considerable fear. Unfortunately, some creditors will take advantage of the anxiety and stress that accompany debt. For example, a credit card company may threaten to garnish your wages if you do not pay. But can they really...
Helpful tips for getting out of credit card debt
Credit card debt in the United States has been steadily increasing for quite some time. Credit card debt is forecasted to increase by $60 billion in 2019. You do not have to be a part of this statistic. If you stay determined and focus on staying within your means,...
Credit card debt takes more than just a financial toll
Credit card debt in the United States The amount of debt that Americans has accrued in the last 40 years is staggering. Unsurprisingly, the biggest leap can be pinpointed around 2008 during the financial crisis, and it has been steadily increasing since then. The...
Bankruptcy may affect use of business expense credit card
Realizing that personal bankruptcy is in a person’s near future can be one of life’s worst feelings. But bankruptcy laws help maintain a healthy economy and improve people’s lives. More than 750,000 Americans make use of the legal process annually. Temporarily giving...
Florida residents took on significant credit card debt in 2018
Staying out of debt might seem easy in theory, but it is often difficult in practice. There often seems to be no end to unexpected bills or expenses, from medical bills to car repairs and much, much more. As credit card debt grows, Florida consumers might find that...
Interest makes it difficult to overcome credit card debt
Credit cards have a lot of benefits. They can help consumers manage large purchases or bridge the gap between paychecks. Many cards offer even offer rewards, such as redeemable award points, cash back or airline points. The news is not all good, though, as interest...