Need a credit card? No problem! And that's exactly the problem. In a nation where instant gratification is touted as a virtue, credit is available to anyone no matter what their credit history. This is causing personal and financial problems for many consumers who abuse the easy availability of credit and find themselves unable to pay back their loans.

There was a time in history when extensive credit was available only to the aristocracy, and debt carried a social stigma for anyone else. The poor and middle class were carefully scrutinized when they applied for loans, and debtor's prison awaited those who did not repay their debts.

Americans are more indebted than ever in the nation's history. The amount owed on loans for cars, homes and credit cards adds up to nearly 100% of annual after ... Read more »

By: J Shipper

Many consumers are overwhelmed by accumulated debts. In most cases, the problem creeps up gradually, until the total debt load reaches unmanageable proportions. Sometimes even minor problems such as temporary illness can tip the balance for the heavily indebted because they have no savings on which to fall back. Here are some suggestions to help ease the debt burden. 

Credit Cards

If you know you are tempted to overspend on credit cards, leave them at home when you go shopping. Pay with cash and you will not have the temptation to overspend.

Develop a Budget

To take control of your financial situation you must have a realistic assessment of how much money ... Read more »

By: Michael Colucci

Whether you own a credit card that offers reward points, a credit card with a low ongoing APR or one with a 0% APR intro rate, it helps - and pays - to act smart with your credit card usage. If and when you own a credit card, it's not just simply a matter of swiping and paying off bills. There are ways to maximize the promotional offers and rewards of your credit card and we're here to teach you how to be a smart credit card owner.

The Zero Percent (0%) APR Intro Rate Credit Card - So, you've been approached by a credit card representative offering you this type of credit card, have you? He made it all sound so simple and wonderful, didn't he? Or maybe, you accidentally came across a credit card website and you found yourself mesmerized with the words zero percent. 

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Mano y mano, which one is better do you think - a credit card with low, ongoing APR or one that offers 0% APR as an intro rate?

There are so many types of credit cards that offer all sorts of promotions and rewards that it's definitely hard for a consumer to pinpoint which one would best suit their wants, needs and present financial situation. If, however, you've already managed to reduce your choices to just two and the battle's simply between the low ongoing APR credit card and the 0% APR intro rate credit card then here are several tips to help you determine which one is the best credit card for you.

Are You Planning To Buy Anything Expensive - Yes, the words zero percent can certainly be dazzling to the eye but is it something you really need? If you're planning to buy something very m ... Read more »

You've finally come to that stage in life when you can afford to own a credit card, not as a supplementary cardholder but as the principal cardholder. Finally, you've earned the right to have a credit card in your own name and to be able to purchase whatever you want without having to ask anybody else's permission. But now that that time has come, you find yourself in a quandary - what type of credit card should you apply for?

There are just two basic choices for you - do you want a credit card that offers rewards and one that doesn't?

The Non Reward Type of Credit Card

These credit cards do not offer you any reward points or bonuses no matter how many times you use their credit cards or how prompt you are w ... Read more »

Unpaid monthly payments will damage a person's credit history. Even though you may plan to make double payments the following month, the missed payment will show up as a negative, and may compromise your future ability to borrow money or extend your credit limit on existing accounts. That is why it is important to make every effort to pay your bills on time. Sometimes a creditor will let you make partial payments temporarily for extreme conditions, such as disability or unemployment. Still, you will have to find sources of funding that will help you make those credit card payments and either avoid a negative credit history or prevent your financial standing from damaging reports if the bills remain outstanding.

A debt consolidation loan may be the answer to your problem. Although a loan will not automatically reduce your debt load, it can provide smaller payment options ... Read more »

Nobody enjoys being up to their eyeballs in debt. I mean let's face it life is hard enough without having to worry about how you're going to pay bills that seem to keep piling up all around you. If you're feeling this way I can assure you it's not just you. Sadly millions of people suffer from having to pay a large financial obligation due to an enormous amount of debt they have accumulated over time. Just doing a quick search on Google shows that there are over 16,000,000 million web pages that use the term debt reduction which explains the hundreds of debt reduction programs that are offered online. Stop and take a breather for a second because this article will give you several ways you should be able to reduce your debt.

Debt Reduction Tip Number 1 - Consolidate Your Credit Cards

Credit cards, credit cards and still more credit ... Read more »

By: Adam Jackson

Now that we're over half way through our first decade of the new millennium, it is interesting to look back and see how our attitude to debt has changed. It seemed that many of us had an invincible view towards our debt, brushing it under the carpet, extending our credit line further and secretly hoping that our numbers would come up on the Lotto.

Now that we're all a little older with perhaps more responsibilities, we've decided that it is hard time we addressed the little problem of our credit card debt, head on. One of the most affective ways to do this is by taking out a home equity loan. In many cases, the equity in our home represents the only form of savings we have. It is important to reduce debt as quickly as possible in order to start saving money.

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Tired of reading review after review about 0% APR intro rate credit cards? Having no luck when it comes to finding an all-in-one-review about 0% APR intro rate credit cards? Confused with what you've read so far about 0% APR intro rate credit cards because everything seems to be contradictory? Well, look no more because this article is indeed what you're looking for. 

In here, you'll learn everything you want to know about 0% APR intro rate credit cards. In this article, you may also discover more than you bargained about 0% APR intro rate credit cards - in a good way, of course. Ready for Lesson Number One about 0% APR intro rate credit cards? Well, here goes.

It's True - Yes, 0% APR intro rate credit cards do exist and if we have our way about it, you'll be one of the lucky people t ... Read more »

Are you tired of attending untimely harassing calls from your creditors reminding you about the due payments? Is making huge monthly payments becoming tough for you? If your answer to the above question is "yes", then you are facing Debt problem. Debts become a problem when you don't know how to manage it and the way out of it. 

Human desires are unlimited, there is no saturation point for the satisfaction level. Desires keep on growing day by day and vary from time to time. An individual has limited funds with him and to meet all the desires at one time is impossible. Thus, to fulfill all the desires, one tends to borrow money from the market it could be in the form of loans or using credit cards. It is good that you want to meet all the needs and requirements of your family members to the best. But, it is always advised to keep one's expenses in limit and don't le ... Read more »