Credit Cards

How to Compare Credit Cards

In recent decades, our society has grown from a cash-based economy to one that lives on debt. While credit cards can be useful in a tight situation, these pieces of plastic should raise a certain amount of caution as they are chosen and while they are being used. No matter the situation, analyzing credit cards …

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Credit Cards

Historically Low Interest Rates? Not For Consumer Credit

Headlines about low interest rates abound. The Federal Reserve Board has promised that interest rates near zero will remain in place through this year and next. Yet consumer credit card interest rates are still usurious. For an economy struggling to free itself from a balance sheet recession and based in large part on consumer purchases, …

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Credit Cards

4 Unconventional Ways to Build Credit

I’m sure you have heard of the obvious ways you are supposed to build a good credit rating. Pay your bills on time, take out a small loan, get a credit card, or start with a secured credit card. All of these are great pieces of advice, but you may want to see some more …

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Credit Cards

Credit Cards for No Credit

Your Credit Card Resource Credit Cards for no Credit Resource.org was founded with the goal of providing objective information to consumers without simply trying to sell them credit cards.  By providing such information, we hope that you will be equipped to make the right financial choices. This site exists as a one-stop resource to help …

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Credit Cards

Bankruptcy – sometimes filing just makes sense

Look, we hate to say it but sometimes it really does make sense. We understand that you may feel ashamed or afraid. But truly, with the current economic conditions you may be better off starting fresh. After all, that’s why it was created. To provide you with a fresh start. Studies have shown that most …

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Credit Cards

How Debt Settlement Works

Debt Settlement, in simple terms – is when you and your creditor agree to settle your debts that are owed to them, at a reduced balance. For example: You have $15,000 in credit card debt and they agree to take a payment of $6,000 to settle your obligation to them in full. Upon payment of …

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Credit Cards

How Credit Counseling Works

Credit Counseling and/or DMP’s (debt management plans) as it is often called, is one way to get out of debt. Normally, a credit counseling company will negotiate a reduced interest rate on your credit cards. On average, you can expect to pay back your entire balance at a reduced interest rate, usually between 3-12%. In …

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