If you are looking to get out of debt, there are a number of paths you can take: a better job, entrepreneurship or you may decide to reduce your existing spending habits. However you decide to do it, the path toward financial freedom is less important than the plan.
You can’t become debt free [...]
Entries Tagged as 'Credit Cards'
Become Debt Free by Changing Your Lifestye
November 20th, 2009 · No Comments · Consumer Debt, Debt Settlement
Tags: analyze finances·Checking Account·commitment·Credit Cards·debt eleimination·Debt Free·discipline·financial freedom·goals
How to Prepare for Credit Card Changes Effective in February
November 16th, 2009 · No Comments · Credit Bureaus and Scores, Credit Cards
Come February 22, 2010, the second phase of the Credit Card Accountability and Disclosure Act (CARD Act) will formally be upon us. While there are certainly a number of positive provisions for consumers associated with the changes, the legislation is not without controversy. Opponents of the provisions have warned that many consumers, particularly those with [...]
Tags: CARD Act·credit·Credit Card Accountability and Disclosure Act·credit card law changes·Credit Cards
How Much Credit is Too Much?
November 5th, 2009 · No Comments · Consumer Info, Credit Cards, Credit Reports, Mortgages
When starting your credit history from scratch, rebuilding from a bad financial period in your life, or if you have long established credit history, I get this question all the time, “How much credit is too much”? Or “How many credit cards should I have to have the best credit?” This is often a difficult question to answer, due to the black box nature of Fair Isaac’s FICO credit scoring model.
Tags: Car Loans·Credit Cards·Credit Score·credit scoring·debt ratios·Fair Isaac·FICO score·Mortgages·number of accounts·Payment History·too much credit·total available credit
Should I Ditch My Credit Cards?
November 4th, 2009 · No Comments · Credit Cards
With the credit crunch going on, there doesn’t seem to be much good news regarding people and their credit cards. Many people burned by the credit markets are afraid to buy anything on credit. The savings rate by the American people is the highest in 20 years. Despite the alarming news, there [...]
Tags: credit account·Credit Cards·Credit Crunch·Credit Score·Economic Crisis·emergencies·FICO·FICO scoring model·home equity·Mortgages·savings rate
