How to Get Out of Debt
If you’re living with a large debt, putting together a budget — an itemized account of income and expenses — is only the first step to getting your financial house in order. You may need to take some bold [more…]
How to Reduce Your Debt with a Debt Management Plan
Your debt counselor may recommend a debt management plan to help you to pay off your obligations if reducing your expenses and making more money are not possible. Many creditors offer special concessions [more…]
How to Control Credit Debt
The first thing to do when you need to get your credit card debt under control is to look over each of your credit-card statements each month. You may be surprised to find charges on your account that [more…]
How to Avoid Unnecessary Banking and Credit Card Fees
Even small fees can take their toll on your finances, so try to avoid fees whenever you can. To avoid getting dinged for unnecessary fees, follow this advice: [more…]
How to Keep Tabs on Your Credit
Checking your credit is easy, and a lot rides on your credit score. Lenders use it to determine the interest rate you will pay on a home mortgage, a car loan, and your auto insurance premiums and it may [more…]
How Much Debt Can You Afford?
Just because a mortgage or credit-card company will give you money doesn’t mean you should take it. According to your lender, you may qualify for more debt than you can afford in your current situation [more…]
How to Stop Credit Solicitations
By eliminating credit-card and loan offers, you will be less apt to apply for easy credit. One way to minimize the number of solicitations you receive from would-be lenders is to get your name added to [more…]
Tracking and Reducing Your Credit Card Debt
Are you losing sleep because of debt? Are you wasting money on finance charges and feel like you can’t get ahead? With an aggressive debt-reduction plan and persistence, you can wipe out that debt — sooner [more…]
Resources for Managing Your Debt
If you're drowning in debt, a credit counseling agency can be a great help. Use caution when finding an agency to help you mange debt, not every agency is as dependable as they say. Use any of the following [more…]
Preparing to Meet with a Credit Counselor
If living on a strict budget is not enough to resolve your financial problems, meeting with a credit counselor to negotiate concessions from your creditor may help. Do your homework and get the following [more…]
