Category Archives: Debt

The Horror of Just Paying Monthly Minimum Payment to Credit Cards

The Horror of Just Paying Monthly Minimum Payment to Credit Cards

I think a lot of the people’s consumer debt stems from charging a large ticket item into “manageable” monthly minimum payments.  However, the problem that often arises is that a person only pays back the minimum. If we take a credit card bill of $5,000 with an interest rate of 15% and the minimum payments at

What Kind of Credit Card Debt Repayment Person Are You?

What Kind of Credit Card Debt Repayment Person Are You?

I’d like to think that I have a wide variety of friends.  These friends range from successful business owners to civil servants to a friend that was unemployed for the better part of 18 months (health reasons).  So it was interesting when I told a bunch of them about getting rid of my credit card

Sometimes You HAVE to Ignore the Right thing to do! I Cancelled my Bank of America Credit Card Today

Sometimes You HAVE to Ignore the Right thing to do! I Cancelled my Bank of America Credit Card Today

I almost never lose my temper with customer service reps, and it usually gets me what I want or at the very least closer to my goal.  Whether we are talking about the cable company, cell phone companies, and most financial/credit card companies – I usually get what I want. Before I get the comments