Dealing with Holiday Debt

Many people get caught up in the fun of going on holiday and find themselves spending more than they expected.  Unfortunately, long after the holiday sun-tan has faded or the egg-nog has been drunk, the debt remains.  Because this type of debt can be unexpected and unplanned, many consumers struggle to pay it off in a timely fashion […]

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Saving Money in Your 20s

Most people struggle to manage their finances when they are in their 20s. They have just entered the workforce, probably have a low paying job, have many bills and have little experience organising themselves. People in their 20s also have many credit card companies throwing easy money at them. It’s not hard for someone just […]

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Top Tips for Staying Out of Debt this Christmas

Christmas is often cited as one of the most stressful times of year. This is often due to the financial pressures and intense family pressures around that time. You will have to juggle family expectations as well as your finances. In addition, some people feel competitive impulses when making spending decisions around christmas. Some people […]

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Simple Tips For Improving Your FICO Score

Some recent changes in the way the FICO score is calculated have opened up some interesting opportunities for credit score improvement!  Some of these changes pertain to medical debt and for people with a settled debt collection on their record. It’s important to note that the general mix of FICO credit score remains the same, approximately: 35% Payment […]

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14 Worst Credit Card Mistakes

The road to a mountain of debt is usually littered with a trail of maxed out credit cards. Credit cards are very easy to use incorrectly and can quickly become a major financial problem. Unfortunately many people use their credit cards in ways which lead them towards financial disaster. They can often look like the […]

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Simple Tips for Managing Your First Credit Card

Getting your first credit card is an exciting time, particularly for a young person. You suddenly have the ability to buy items whenever you feel like it, even when you don’t have the cash available. You can also take advantage of online shopping more easily. Before you rush out and start madly using your credit […]

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The Worst Kinds of Debt

There are a multitude of ways you can get into debt. It’s important to realize that some forms of debt can be extremely dangerous, very expensive and negatively impact your credit score quickly. Other forms of debt can help you build wealth over time, for example a mortgage. Most consumers stumble into debt and don’t […]

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A Credit Card That Helps Manage Debt?

The idea sounds a bit silly at first – a credit card that helps people manage their debts and pay them off without defaulting. Because credit card companies tend to encourage people to spend. Quite simply the more people spend they more credit card companies will profit. However one new non-profit company has created a […]

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Small Stuff Matters – Debt Repayment Tips

Sometimes dealing with a large debt burden feels like a mammoth task, something so daunting that it’s hard to know how to approach. That feeling of hopelessness and confusion is one of the worst parts about being in debt. Luckily with a few simple concepts, you can begin to attack your debt burden and really […]

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Household Borrowing on the Increase!

In the last year, American families have been borrowing money at the fastest rate since the global financial crisis, according to new data. That indicates there may be improving consumer confidence in the economy and increased spending. Household debt in the United States rose by a massive $241 billion in the last quarter of 2013, […]

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