Posts Tagged ‘Credit Card Debt’
America’s Credit Cards: Avoidable Mistakes and Over 100 Billion in Interest
New research shows that the amount of money that U.S. consumers shell out yearly in credit cards fees and interest has passed the $100 billion mark. As the economy continues to improve, more and more people are using credit cards, if they can qualify. Despite this massive problem, people still know shockingly little about their…
Read MoreCredit: Get Your Best Score Quickly!
Americans love debt. We always have and therefore our expectations for what is “normal” debt have continued to grow. As a result, more and more people are looking at massive debts with incredibly high interest rates, and if that’s you, keep reading! Credit card companies and those who profit from others’ debt have intentionally made…
Read MoreAmerica’s Nine Hundred and Thirty Billion Dollar Problem: Credit Card Debt
America loves baseball, apple pie, and credit card debt. As a country, we’re walking around with about 930 billion dollars of credit card debt, which works out to about $16,000 of debt per American household. In some ways, this is actually a good thing! Credit card debt is a sign that people are spending more,…
Read MoreCredit Card Debt: Are Women Smarter than Men?
I have a very important announcement. Women are smarter than men. As you take a moment to recover from my breaking news, check out this article that details how women handle credit card debt more responsibly than men do. If you have questions about your credit, give me a call today at 855-563-2843. I’ll be…
Read MoreAmerica’s Debt: Why $1 Trillion Worth of Credit Card Debt isn’t Necessarily a Bad Thing
About once a week someone comes on my TV and tells me that America’s debt is catastrophic, that China is going to take over our country since they own so much of our debt, and that we are all going to die. As always, what’s actually going on with America’s debt is a little bit…
Read MoreCredit Problems Make Your Entire Life More Expensive
If you have credit challenges, it’s going to cost you in many areas of your life. That’s why it’s so frustrating when I give people a plan to enhance their credit, which I can do for anyone that calls me for free, and they don’t follow it. It’s their money, and ultimately all I can…
Read MoreCash is No Longer King at Epic Burger and Elsewhere
I was talking to one of my expert loan officers who tried to go out to lunch at Epic Burger and had to put the order on her credit card because they are no longer accepting cash. Why is your mortgage guy writing about a burger joint no longer accepting cash? Because while more and…
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