We frequently see married credit counseling clients who come to us by themselves and do not want their spouses to find out about their debts.
Either one partner has secretly been using credit cards without his/her spouse’s knowledge and has gotten in too deep, or one person in the relationship is responsible for managing all of the family’s finances and, having failed to keep debt under control, doesn’t want anyone to find out.
Over the past few years there’s been a trend online of financial experts recommending credit cards for college students. Is this really a good idea? This strain of advice usually…
In short, your credit utilization is the percentage of total credit used in comparison with the total credit available. Calculate your utilization by dividing your balance by your limit. For…
Do you want to close a credit card account but are unsure how it will affect your credit score? There are many reasons why we may want to close a credit card, such as avoiding annual fees, too many fees, high interest rates, or unsatisfactory customer service. Whatever the reason, please review the following to determine what is best for you:
The Fair Isaac Corporation FICO™ states “They would never recommend closing a credit card for the sole purpose of raising the score.”
Many student loan borrowers feel helpless in the face of tens of thousands of dollars of student loan debt. There is popular support among them for student loan forgiveness, but…
Many student loan borrowers will end up on the phone with collectors, loan officers, or other interested parties hoping to ensure that loan payments will be made on time. With…
The debit card in your wallet is physically indistinguishable from your credit cards. It even has a Visa or MasterCard logo on it. Despite the similarities, it’s important to understand…
Our credit counseling and Debt Management Plans help with all kinds of revolving debts, including store credit cards and traditional bank-issued credit cards. Store cards can present some unique challenges…
This article offers six warning signs your spending is becoming a problem. If these signs apply to you, this article may help you spot financial spending danger zones and improve your…
There is rare agreement among financial experts that consumers facing multiple credit card balances should focus their extra effort—and funds—on one debt at a time, and after that debt is…
Credit scores are a huge part of every consumer’s financial life. Whether you can get a place to live, a job, a loan, insurance, or utility services can be affected…
Credit card interest is costing you more than you think. There are two factors that impact how much you are really paying, and both of them add up quickly. Interest…
Get advice on options to reduce your debt and improve your credit..
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