Which is better, debit or credit? Can’t decide if you should shop with a debit or credit card? This article will discuss some of the similarities and differences between shopping with a debit card versus shopping with a credit card.
Is Bankruptcy A Solution Or Headache?
One of the biggest myths is that if you file for bankruptcy you will be financially free and no longer have debt problems. Wrong! Bankruptcy is not the cure-all for getting out of debt. Over 1 million Americans file for bankruptcy every year. One in every 73 households files for bankruptcy. In 2005, 2 million Americans filed for personal bankruptcies.
Good Debt vs. Bad Debt
Many of you may be saying what is good debt and what is bad debt? Well let’s start with debt. According to Webster’s dictionary, debt is “something that is owed or that one is bound to pay to or perform for another or a liability or obligation to pay or render something.”
Eight Ways To Pay Off Student Loan Debt
A recent study by the National Center for Education Statistics shows that 50% of recent college graduate have student loans, with an average student loan debt of $10,000. The average cost of college increases at twice the rate of inflation. With the rising costs of college, it is difficult for aspiring colleges students to get enough scholarships and grants to pay for college and basic necessities. More and more college students are forced to use credit cards to pay for basic…
Book Review Of How To Get Out Of Debt By Harrine Freeman
Walk into any bookstore and I will bet my last dollar that there is a whole shelf of books aimed at teaching the reader the fundamentals of becoming a millionaire in 10 easy steps!
7 Ways To Ensure You’re Paying The Right Creditor
Many consumers do not know that once a delinquent account is reported to a collection agency a consumer has a short amount of time to pay the bill. This is because collection accounts are put on a nationwide registry and each collection agency in the country gets notified of a collection account. However, only one collection agency has a legal right to collect money on a delinquent account.
10 Easy Ways For Single Parents To Save Money
In 2006, according to the US Census Bureau, there were approximately 14 million single parents in this country, and those parents are responsible for raising 21.6 million children. Eighty-three percent of single parents are mothers, and 30.3 percent of all single parents receive public assistance.
10 Tips To Help You Get Out Of Debt
During my sophomore year in college every day as I walked to class I passed tables where vendors urged students to fill out a credit card application, bribing us with a free t-shirt, water bottle or key chain, so I signed up for one. I received preapproved offers in the mail, and within three years I owned 13 credit cards and owed $10,000.