John Hall

Credit Card Debt management post divorce

Credit card debts are stressful and so are divorces, but, the situation gets worse gets when both happen simultaneously. It becomes hard to juggle between emotions and finances. The depth of relationship and responsibility that you shared with your spou... Read >

What employers can do to curb credit card abuse

Credit card abuse is not alien these days with everyone facing a dearth of liquidity and an increased possibility of going through the process of filing bankruptcy. After the key panel cleared the House of Representatives bill to limit fees and penalties ... Read >

Do business credit cards affect your credit score?

Commercial credit activity is reported by Dunn & Bradstreet (D&B), Experian and Equifax out of which D&B is the biggest of the three. Other specialty credit bureaus including PayNet Online also report commercial credit activity for a different line of bus... Read >

Six Simple Tips to minimize Christmas shopping debt

While Christmas is the most joyous time of the year, it can also be a reason to rack up unnecessary debt. Agreed, the intentions will always be positive to show affection towards our loved ones and capitalizing on discounts but overspending will only lea... Read >

Points to remember when dealing with debt collectors

Not being able to pay off credit card debts can lead to difficult situations, but managing the challenges intelligently can save you. When credit card companies constantly call you up and hound you, the easiest thing would be to ignore the phone calls and... Read >

How to avoid bad credit from influencing your future employment

With soaring unemployment rates, employers have the power of choice and they will put it into best use. Employers check credit reports to know how financially responsible the person is and to avoid risk on work efficiency due to financial problems. Howeve... Read >

Reverse Mortgage- how can it help in the golden years?

With life expectancy on the rise, aged people require money more than ever before to manage their expenses. Besides, they have the desire to use their own money instead of leaving them for their children because their children are already financially well... Read >

Implications of the age bar on credit card

The Credit Card Accountability, Responsibility and Disclosure Act of 2009, which was introduced in May 2009, states that no one under 21 years will be eligible for a credit card until and unless they have a guardian who supports them or provide income pro... Read >

Ways to consolidate credit card bills

With increase in the number of credit cards and consumers finding their selves in a pit of debt, credit card debt consolidation is becoming increasingly popular. Credit card debt consolidation means the all amount you owe on each of your credit card turns... Read >

How to bring down your credit card interest rate?

Credit card interest rates are destined to rise in the near future with lenders facing troubles from delinquent consumers and the economic slump. However, if you are unwilling to pay high interest rate to credit card issuers you can approach a different ... Read >

Moving up the effective date for Credit Card Act- Will it help?

With major banks such as JP Morgan, Citibank and the Bank of America facing difficulties from delinquent credit card bill payers and slowdown in the economy, these lenders are having trouble keeping the consumers happy. According to a survey by credit.co... Read >

Credit score distribution and changing requirements

In the past one year, credit score requirements have gone through unprecedented changes with the economical slump. Banks as well as other lenders are focusing on ways to stay away from risky loans and avoid bad loans as much as possible. They are scrutin... Read >

Credit counseling and debt repayment

Credit counseling is a procedure, which supports the people to reduce the debt or not have it at all. Credit counseling agency helps the debtor to stay away from bankruptcy by providing various types of solution. The counseling process teaches the indivi... Read >

How does a company handle credit dispute letter?

Through a credit dispute letter, you can question the accuracy of your credit card information. You can write the dispute letter for a number of reasons such as on billed for other person's account, item not being paid in full, the payment date being ove... Read >

Americans favor the creation of Consumer Financial Protection Agency

The government is negotiating the creation of Consumer Financial Protection Agency (CFPA) to police changes in the credit marketplace and shield consumers against malpractices. The agency would act as a centralized body responsible for consumer financial ... Read >