Credit Card Debt

Benefits Of The New Credit Card Rules

Learn about the main benefits of the new credit card rules, and how they will affect your accounts. With this law now in full effect, some of the benefits are already helping consumers. This video will help you to take full advantage of the new credit card law.

Simple Credit Card Debt Solutions

Ideally, credit cards are used to help people build credit and to acquire large purchases without the need to have all of the immediate funds.  In short, credit cards are supposed to exist as financial tools to help consumers; yet, consumers often abuse credit card privileges or are not cognizant of ancillary information that can later lead them into trouble.  Credit cards can be used as a helpful tool,...

Retirement vs. Debt: From IOU to IRA in Two (Sort of) Simple Steps

Are you ready for retirement? If you’re like most Americans over the age of 25, chances are, probably not.  According to a recent study conducted by the Employee Benefit Research Institute (EBRI), Americans are dreadfully unprepared for their golden years.  In fact, according to the EBRI data, about 30 percent of us only have about $1,000 in our retirement funds.  Some people have even less than that. If you...

Credit Card Reform: What it Means for You (and Your Debt)

February 22, 2010 marked the beginning of some much-anticipated credit card regulations, including limits on fees and interest rate hikes. The regulations, which are part of the May 2009 credit card legislation, are aimed at protecting consumers from some of the credit card industry’s more questionable tactics. Consumers and advocacy groups are praising the new rules. So are many of the millions of Americans who face hefty credit card...