Posts Categorized: Credit Card Debt Consolidation Information

Bad Credit Fixes for Defaulting Cardholders

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When your credit rating has been dealt a severe blow, there is no magical remedy to nurse it back to health. However, rehabilitation of bad credit can be achieved through the application of self-help principles and the utilization of credit card-dependent measures. With discipline, determination and patience, consumers mired in debt can overcome a poor… Read more »

Credit Card Addiction

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It is not uncommon for people to have debt. Since the advent of the charge card in the 1950s, Americans have been charging more and more. There are over 641 million credit cards in circulation, accounting for approximately $1.5 trillion of consumer spending; clearly the American public enjoys the convenience of credit cards. But convenience… Read more »

New Bill Guarantees Fairness to Credit Card Holders

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In 2005, Americans holding an average of 5 credit cards per household utilized almost 700 million credit cards to purchase products and services totaling $1.8 trillion. To protect consumers from abusive and unfair credit card practices and ensure arms-length treatment by credit card companies, Senators Claire McCaskill (D- MO) and Carl Levin (D-MI) introduced this… Read more »

Getting a Lower Credit Card Rate

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Are you receiving an outpour of credit card offers through the mail or email stating that you’ve been pre-approved for a line of credit? Well if so, you’re certainly not alone! With all of the different features, benefits, and rewards that credit card companies offer, it’s hard to determine which one will be your best… Read more »

Credit Card Consolidation Is Not A “Get Out Of Jail Free” Card

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The majority of adults in the United States own and regularly use credit cards.  The convenience and availability of credit cards has led to the popularity of this form of currency, causing some consumers to “get in over their heads.”  Falling behind on payments can result in even more financial debt and poor credit ratings. … Read more »

Credit Card Debt Help

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Consumer debt is a rising epidemic in American culture today, with average debt quickly approaching $15,000 per US household.  Considering the fact that the US is one of the richest nations in the world, what is causing this inability of individuals and households to fulfill their monthly financial obligations? It’s no longer a closeted fact… Read more »