If you enjoy wearing cosmetics but are on a budget, you may be able to save money in the long run by using credit cards rather than cash to purchase your items.
Certain types of cards, such as cashback cards, offer benefits to people who wish to buy cosmetics in the most cost-effective way possible. Read the rest of this entry »
I’ve been all over the map when it comes to using credit cards. I started out badly, going in debt and then struggling to get out. Once I finally got out of credit card debt, I vowed not to touch them because I didn’t trust myself. (After all, I’d already proven that I couldn’t handle the cards.)
But then I had an issue with my debit card that convinced me to give a single rewards card a try. Read the rest of this entry »
Credit June 30th, 2011
For millions of Americans, a credit card is a temptation to debt. For millions more, a credit card isn’t accessible due to poor credit.
This is happening disproportionately to younger, working adults with college degrees. The reason is based in burdensome debt from education loans, coupled with heavy credit card debt since college. They really don’t have a lot of options – credit card companies won’t have them as customers. Read the rest of this entry »
Credit February 24th, 2009
This article comes from Steve Sildon, contributor and Managing Editor for Credit Card Assist, where he provides tips and advice about a variety of personal finance and credit-related issues.
Credit card fees have garnered a lot of negative attention in recent years and rightfully so. These fees are treacherous for most consumers and have only served to accelerate the financial demise for so many others struggling with financial uncertainty right now. But there are some misconceptions about how these fees are levied by credit card issuers and there’s a wide variety of fees that go unnoticed that many people are totally unaware of. It’s important to get a comprehensive look at all of the different types of credit card fees that exist, but there are also some techniques and practices that you can utilize to minimize or offset these fees completely. Read the rest of this entry »
Don’t Avoid Your Credit Crisis
It can truly be one of the lowliest and loneliest feelings, hearing your home phone ringing off the hook and knowing another bill collector is on the other end of the phone – demanding money you know you do not have.
Judgment of Others
Not so long ago, people who couldn’t pay their bills felt a certain stigma was placed upon them by people who knew of their struggles. They were looked down upon, regardless of the real reasons behind their inability to pay bills. But now, in such a mixed up economy, more and more people have to confront the same scenario as those whom they once criticized. More individuals are struggling to pay daily living expenses and their bills each month, often with nothing left over.
Falling behind in payments and finding it more difficult to make payments in full, or on time, will always result in serious financial troubles. The situation can spin out of control very quickly and lead to feeling of embarrassment and being overwhelmed. Eventually many will avoid the subject all together, believing since they have no money, there is no point in talking to the bill collectors who call relentlessly.
Be Proactive With Financials
Unfortunately, not all bill collectors are friendly, helpful, or even civil; but the reality is that your debt will not go away unless you deal with it straight on. If at all possible, start dealing with it before it becomes and issues. If you know you are going to have difficulty meeting monthly financial obligations, such as credit card or mortgage payments, get on the phone with your lender and figure out what can be done before the situation is out of control.
Procrastination and debt do not mix and it is never too late to gain control of your financial situation. While it may be a difficult and emotional roller coaster ride, consider for a moment what your life would be like if you continued to ignore your financial situations and obligations.
Tisha Kulak is a writer for Creditorweb.com, where she writes about credit card offers, finances, credit cards, and responsible credit card use.