Credit Card Debt Archives - DebtGuru Credit Counseling and Debt Management Services

How Credit Cards Become Debt Traps

By Michael Peterson / June 28, 2022

It’s estimated that some 60 million American households regularly carry outstanding credit card balances. According to a WalletHub study, the […]

By Michael Peterson / August 22, 2020

Whether your financial goals are as simple as building a small emergency fund or as complex as savings and investments

By Michael Peterson / July 26, 2020

We talk a lot about paying your credit card bills on time. Why? Because it’s REALLY important when taking control

By Michael Peterson / November 30, 2019

You did it. It took discipline and patience. You had to give up a lot of little “extras.” It wasn’t

By Michael Peterson / February 12, 2018

When mulling whether or not procure an additional credit card, there are several important factors to consider. After all, taking

By Mike Peterson / May 10, 2017

Debt, by its very nature, can be a drag – especially if you find yourself on the wrong side of

By Mike Peterson / December 20, 2016

8 Smart Moves to Make After You Pay Off Your Credit Card It wasn’t easy. You budgeted, saved, and budgeted

By Mike Peterson / November 22, 2016

You may consider yourself somewhat frugal: You don’t spend piles of cash on fancy vacations, new cars, or luxury items.

By Mike Peterson / November 15, 2016

There’s more to being financially responsible than budgeting. Staying on top of your finances also means knowing how to keep

By Mike Peterson / November 8, 2016

The key to staying out of debt is to keep a better handle on your finances through things like spending

By Mike Peterson / November 2, 2016

Here’s a fun fact about ATMs: Did you know that the patent for the first cash machine was filed in

By Mike Peterson / September 9, 2016

Financial education is a lifelong undertaking – and, unfortunately, it’s one subject that isn’t taught in schools. If you want