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Credit cards are getting a bad rep these days and it is not difficult to see why. From increasing interest rates to suddenly dropping available credit, credit card holders are getting hit every which way with their credit cards. It is no wonder then that, according to recent research, consumer satisfaction with credit cards are dropping fast.A quick search through the internet about credit card complaints will return hundreds of results. A lot of credit card holders are getting hurt because of t
John E. Simmons There are various red flags which can warn of debt problems. Knowing how to identify them can help you ward off trouble before it gets even worse. Consider whether any of the following warning signals apply to your current financial situation: 1) You regularly make only the minimum monthly payments on your credit card balances. 2) One or more of your credit card balances hover near the maximum limit. 3) You often use credit cards to pay for basic necessities. 4) 20% or
In a dramatic shift of policy, card companies are now reaching out to debt-ridden cardholders. Faced with ever-growing losses and mounting credit card debts, card issuers have started changing their policies on clients with large balances and substantial card debts. For the first time in the credit industry’s history, card companies are giving cardholders the chance to open negotiations and help reduce debts.The economic crunch has had a dramatic blow on the credit industry, resulting in billion
John E. Simmons Kept under control and used wisely, debt can be a useful tool. It can help you buy a home or a vehicle, start a business, pay for education, etc. On the other hand, debt can be a two-edged sword. It can easily spiral out of control and turn into a living nightmare; a form of legalized slavery. Millions of consumers languish in debt slavery and don’t see any relief in sight. Recent statistics from the Federal Reserve provide evidence of this, and are very revealing. According
Ashley Brown At present, submitting an application online for a bad credit mortgage is simple and fairly trouble-free. Previously, needy customers had to get in touch with a number of lenders by calling up or physically to ask for quotations. This procedure was lengthy and very tiring. Nowadays with the advent of internet, online mortgage lenders, your request is examined without any delay and if approved results are made available within hours. In fact, this is very convenient and you are ab
Looking to find the right credit card for you is not always an easy task. Searching online and sifting through results that have no relevance can take days and weeks. No Credit We have the solution. is a place to find what you are looking for the first time. We have all the credit cards to meet your needs and financial situation. There are credit cards for people with excellent credit,good credit,ok credit,bad credit and no credit at all. Student credit cards are also avail
This is the second of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover , where this book on debt reduction is teased apart and looked at in detail. This entry covers the third chapter, finishing on page 51. The next entry, covering the fourth chapter, will appear on Wednesday. Dave Ramsey is probably the loudest proponent out there of the “debt is bad” mantra and he makes the case for it loud and clear in this chapter. In his eyes, outside
Credit Cards, ATM Cards and Debit Cards are widely used these days and a convenient form of payment for purchases. Losing your cards or having your cards stolen is a hassle in general, having unauthorized charges on your accounts can make a bad situation worse. The good news is there are laws in place that limit [...]
Lately, I have come across countless stories of credit card customers who are getting their credit limits dropped, for no apparent reason.  Sometimes these drops are small and insignificant to the cardholder.  Other times, these stories are devastating.  What should you do if this happens to you? Get on the Phone. Call your card issuer as soon as you find out about the credit limit change.  Ask them to re-evaluate your account and reconsider the change.  Most of the time, with limit de
Mr Credit Card, from interviewed me yesterday!  I was slightly nervous as it was the first time I had ever done that kind of thing live.  After listening to it, I feel it went well and I hope that you enjoy it as well. Just so you know, the first 35 seconds is silent.  (I called 3 times before we were actually connected, and each time I thought I was on hold waiting to go live, but each time heard the computerized voice  say “thanks for calling blog talk radio….goodbye!” 
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