The news is full of reports of escalating defaults – on home loans and also on credit card accounts.
Credit card issuers are seeing major losses through defaults, and as a result are raising interest rates, lowering credit lines, raising minimum payments, and adding fees in an effort to bring back their profits. In some cases, [...]
If you don’t have a plan to get out of debt, the reality is, you probably never will. The sad fact is that most people with credit card debt think that the problem will simply go away on it’s own. It won’t.
Chronic credit card debt is a universal problem. According to the financial industry, 95 [...]
There are numerous internet sites that offer advice on how to consolidate your credit card debt. “Credit Card Debt Consolidation” is a common phrase that you’ve probably heard a million times. Every now and then your popular newsprint will also contain an article or advise on credit card debt consolidation. If you watch television many [...]
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