Category:
Credit Counseling
Dealing with credit card debt has always been tough, but getting out of debt is harder now than it’s ever been. That’s because the average interest rates on credit cards…
Things change after college. Your new boss won’t be as lenient as your old professor. Instead of a GPA your new obsession becomes your credit score. Rent may double or…
Millions of Americans living paycheck to paycheck are familiar with that sinking feeling of being unable to get out of debt and keep up with bills. If you’re one of…
Credit counseling is a vastly under-tapped resource for people crippled by debt. A credit counselor’s goal is to educate consumers about the cause of their debt and offer solutions that…
Money woes plague countless millions of Americans, stressing marriages and giving rise to feelings of hopelessness. For many mired in debt, credit counseling offers a lifeline to solvency and better…
Good credit means better interest rates on homes, cars and credit cards, lower insurance rates, easier access to rental apartments and utilities and maybe even better job opportunities. Consumers with…
There are two terms that consumers with blemished credit reports should be careful with: credit repair and credit counseling. Credit repair companies are to finances what car repair is to…
Pros and Cons of Debt Consolidation and Credit Counseling The short answer to that question is: Yes. As flippant as that sounds, it can’t be stressed enough that if your…
You’ve tried it all – eating Raman noodles twice a day, creating a budget, cutting your cable TV – but despite those efforts, your credit card debt kept growing and…
Nowadays, we do everything online. We pay the bills, shop for groceries, and order Chinese food without leaving the comfort of our couch. Doing things online is just plain easier…
Sources:
- N.A. (2024, August 7) Consumer Credit - G.19. Retrieved from https://www.federalreserve.gov/releases/g19/current/
- Pokora, B. (2024, March 28) Credit Card Statistics And Trends 2024. Retrieved from https://www.forbes.com/advisor/credit-cards/credit-card-statistics/
- N.A. (ND) How to Negotiate with Lenders. Retrieved from https://www.equifax.com/personal/education/debt-management/articles/-/learn/debt-negotiation-with-lenders
- Flynn, K. (2024, March 5) What Is a Cash Advance on a Credit Card? Retrieved from https://www.americanexpress.com/en-us/credit-cards/credit-intel/what-is-a-cash-advance/
- N.A. (ND) What is cash advance on a credit card & how does it work? Retrieved from https://www.chase.com/personal/credit-cards/education/basics/how-do-credit-card-cash-advances-work
- N.A. (ND) What is a credit card cash advance? Retrieved from https://bettermoneyhabits.bankofamerica.com/en/credit/what-is-a-credit-card-cash-advance