Posted on September 30, 2008 by creditanswers
Many consumers know that you can find good deals on pre-owned items at flea markets, Ebay, Craigslist, and various classified ads. In recent years, many franchise specialty resale shops have emerged on the retail market. These stores allow shoppers to shop for specific specialized goods and also may give you cash for your unwanted items. [...]
Filed under: debt, debt management | Tagged: debt management, debt tips, pre-owned items, resale shops | Leave a Comment »
Posted on September 24, 2008 by creditanswers
Other Credit Card Reforms Needed
Various consumer groups such as the National Consumer Law Center (NCLC) and Demos (www.demos.org) applaud the recent proposal of the C.A.R.D. Act. Below are a few other reforms that Congress is considering to put in the proposal as a result of input from consumers and advocacy groups.
Eliminate aggressive lending to young [...]
Filed under: debt, debt management | Tagged: c.a.r.d act, Credit Card Reforms, lending to young consumers, over-limit fees | Leave a Comment »
Posted on September 16, 2008 by creditanswers
At this point, you may realize how burdensome credit card debt can affect your finances. According to a 2007 survey conducted by Cardweb.com, the average credit card debt load is nearly $9,900. Based on an online poll of slightly more than 55,000 consumers, 61% said they carry over debt each month on their credit cards and an astonishing 13% of the same group said they carry total credit card balances in excess of $25,000.
Filed under: debt, debt management | Tagged: c.a.r.d act, credit card debt, credit card disclosures, debt management, sub prime cards | Leave a Comment »
Posted on September 11, 2008 by creditanswers
When shopping or running errands, keep all receipts in your wallet or another convenient place. Log all expenses in your checkbook when you have a free moment. This is especially important if you use your debit card frequently.
Filed under: debt, debt management | Tagged: balancing checkbook, financial advice, tips blanacing checkbook | Leave a Comment »
Posted on September 4, 2008 by creditanswers
Twenty-nine percent (29%) of credit reports contain serious errors, false delinquencies or accounts that did not belong to the consumer.
Filed under: Uncategorized | Tagged: credit reports, debt managment, inaccurate credit report | Leave a Comment »