Is it Ever Wise to Owe Money to a Creditor?

Credit and debt have developed a bad reputation in the consumer market. Many consumers actively work hard to pay down debt balances and dream of becoming debt-free. However, debt and credit are not always a bad thing. In fact, they can be used advantageously in different situations. But first you have to understand what situations […]

Personal Finance Strategy: 4 Keys to Avoiding Bankruptcy

Despite how hopeless your situation may seem, it is possible to avoid bankruptcy. Granted, when people get to this point, they usually feel like there is nothing they can do about their financial dire straits. However, this isn’t always the case. According to A Fresh Start: 4 Reasons Bankruptcy Is Not As Bad As You Think “There are […]

Tips to Get Your Credit Card Balances Under Control

Are you planning to buy a house or rent one? If so, then you need to be sure you have a decent credit score. If you have a lot of credit card debt here is a personal finance strategy to help manage both your debt and your credit score.  Using Personal Loans to Reduce Debt A personal loan is an […]

Ending Credit Card Debt … Choosing The Right Option

It will come as no surprise to you, that all around the world consumers are collapsing under the pressure of credit card debt. This makes people desperate and in turn they may become easy victims of fraudulent credit card settlement companies. Don’t learn the hard way that settlement companies aren’t magical and can’t make credit card debt vanish overnight. But you […]