Vacations are supposed to leave families with lifelong memories of adventure and fun, not financial difficulties and credit card debt. Unfortunately, many people tend to spend money frivolously while on vacation and overuse their credit line unnecessarily. (more…)
How to Use a Credit Card to Have a More Enjoyable Vacation
Wednesday, April 20th, 2011A Closer Examination of “Instant Approval” Credit Cards
Thursday, April 7th, 2011
Despite the fact that many financial advisors are recommending that credit cards be used with caution, most people find instant approval credit card offers to be rather appealing. (more…)
Personal Debt Highest in Australia
Tuesday, March 1st, 2011According to recent statistics released by the Reserve Bank of Australia (RBA), personal debt for Australians is the highest in the world, passing even the United States, the nation often seen as the most entrenched in credit problems and spiralling debt. (more…)
How to Repair a Bad Credit Score
Wednesday, February 23rd, 2011In modern times, a fair or bad credit score can mean the difference between advancing toward one’s goals in life, or remaining financially stagnant. Several opportunities to better their lives can become closed to consumers later in life if they have damaged their credit. These can include unfavourable terms and conditions on a mortgage, being denied a mortgage altogether, denial of personal loans and denial of credit cards. (more…)
Myths About Credit Card Debt
Friday, January 21st, 2011
Unfortunately, when a consumer finds themselves struggling with credit related arrears, they can exacerbate their situation by listening to and following commonly held myths about credit card debt. Even normally responsible card holders can fall prey to these misconceptions because they are so prevalent among users. (more…)
