Category:
Credit Cards

Credit Card

By George Morris | November 3, 2015

How To Manage Credit Card Debt Managing credit card debt can be difficult and complicated. Before coming up with a debt relief strategy that works for you, you should learn…

Alternative Debt Solutions: Getting Out of Debt

By Alan Schmadtke | October 29, 2015

If your monthly debt payments outside of mortgage or rent exceed 20% of your income, you have a debt problem that requires attention. The good news is you have options.…

Just Say No To Credit Card Convenience Checks

By George Morris | October 29, 2015

Mark Boileau of Dallas recently bought a new Toyota Prius with the help of a “convenience check” issued by his credit card company. But his experience turned out to be…

How To Manage Multiple Credit Cards

By Phil Sheridan | October 29, 2015

With online banking available at the click of a button, it’s become easier than ever to manage credit cards, even if you have multiple accounts. When you use credit card…

Debit Card vs. Credit Card: Which Is Better?

By George Morris | August 10, 2015

Many of us know we have an option to use a debit card but don’t take advantage because we lack knowledge or interest or simply are in the habit of…

Are Spouses Responsible for Credit Card Debt?

By Robert Shaw | July 1, 2015

One of the most important relationship questions couples face before they marry – How much debt do you have? — often isn’t asked, but might serve as a commitment speed…

How Long is an Executor Liable for Debts?

By George Morris | July 1, 2015

Being named in a will as the executor of a deceased person’s estate is, in many ways, a tremendous honor: You have been identified as someone with the capacity to…

How To Pay Off Credit Card Debt Faster?

By George Morris | July 1, 2015

Borrowing money can be useful, allowing you to buy a home or finance a car that would otherwise be out of reach. But debt is only useful if it improves…

Sources:

  1. N.A. (2021, November 9) Total Household Debt Climbs to Over $15 Trillion in Q3 2021, Driven by New Extensions of Credit. Retrieved from https://www.newyorkfed.org/newsevents/news/research/2021/20211109
  2. N.A. (2021, August) Credit Card Market Monitor. Retrieved from https://www.aba.com/-/media/documents/reports-and-surveys/2021-q1-credit-card-market-monitor.pdf?rev=5d64e9f394194e529203b3e89aa98ce9&hash=EE7DE2AB93DBE7CD1E50453CF68D3419
  3. DeMatteo, M. (2021, March 19) The average millennial has $27,252 in non-mortgage consumer debt – her’s how they compare to other generations. Retrieved from https://www.cnbc.com/select/how-much-debt-do-millennials-have/