Guest post written by the finance writers over at http://www.dacscotland.co.uk Unfortunately, for a lot of people, debt is – or is becoming – a fact of life. It’s all too easy to borrow money in the firm knowledge that you can and will repay it in time… only to see your circumstances change and your…
Your credit score is very important whether you are going to be financing a car, leasing a car, buying a home, applying for insurance or even applying for certain jobs. In today’s society your credit score is a necessary evil. Sort of like needing experience but not being able to be hired to get that…
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…
I apologize if this post seems like a rant, but I just read a great article on CNBC titled, “Credit Cards Could Become Next Trouble Spot in Crisis” by Kenneth Stier which provides a lot of great info, but seems to completely ignore the underlying problem (beyond a sentance or two). The Article is best…
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