Category Archives: Credit Card Debt
Getting past credit card debt difficulties
When a person falls behind on their credit card payments, they may feel like this debt struggle is impossible to get out of and that it will haunt them forever. It is true that credit card debt struggles can expose a person to a variety of hardships and have the potential (particularly if not… Read More »
U.S. seeing bigger and bigger credit card debt increases
It appears that, lately, U.S. consumers are turning more and more to credit card debt in their financial actions. A recent study, issued by CardHub, contained statistics regarding consumer credit card debt in the country in 2012, 2013 and 2014. The statistics indicate that, over this three-year period, there has been quite a bit… Read More »
Are debt collectors really allowed to do that?
Being contacted by a debt collector can be an extremely disturbing experience, as it is often a sign that you are facing serious financial challenges. And while having any kind of contact with collection agencies can be uncomfortable, you as a consumer can actually find yourself subject to illegal collections practices. That is why… Read More »
The warning signs of unmanageable credit card debt
Countless people across the state of Florida and the entire country live paycheck to paycheck, unable to accumulate savings or fully establish their financial security. And while using credit cards allows many people to pay for necessities, relying primarily on personal lines of credit to cover monthly expenses can quickly result in serious financial… Read More »
Delinquent payments big or small cause huge issues
There are many reasons why people fall behind on bills, and many of them are no fault of borrowers. Unfortunately, however, creditors throughout the state of Florida and beyond are typically unconcerned about why people fail to pay off debts or how small those debts actually are. Understanding how and why delinquent payments can… Read More »
The facts about inheriting financial challenges
Adults with aging parents are often confronted with a number of financial and emotional difficulties, as adult children may have to take on the role of caregiver as well as manage their parents’ personal affairs. The situation can become even more difficult when elderly parents have accumulated unpaid bills and/or a considerable amount of… Read More »
Putting consumer debt into perspective
Because different areas of the country are affected by regional and national economic conditions in unique ways, it’s important to analyze issues like bankruptcy and foreclosure rates on a smaller scale before making generalizations about state of the national economy. And when it comes to credit cards and personal debt owed by individuals, determining… Read More »
Credit card debt may be source of depression for older adults
Most people have found themselves complaining about money issues from time to time, but serious financial problems can actually lead to significant physical and mental health issues for many people throughout the state of Florida and beyond. Taking into consideration research findings from a major study, one expert now suggests that the psychological well-being… Read More »
Innovative approaches to debt relief
There is no denying that residents throughout the state of Florida are facing serious financial challenges. And while many struggle with unemployment and/or the prospect of bankruptcy, countless people in the state and across the country are losing their financial footing under the weight of mounting student loan debt. That is why one state… Read More »
Getting the most out of credit card debt
As countless people have learned the hard way, it’s one thing to know how to use a credit card and another thing to understand how to manage one properly. Thousands upon thousands of individuals have found themselves facing serious financial challenges as a result of accumulating excessive amounts of credit card debt. However, that… Read More »