Credit Card Debt Articles

It's important to be well educated about credit card debt before applying for credit or making any other major financial decision. In our education center we will inform you about any aspect about having credit card debt. We publish new credit card articles weekly so be sure to check back often.

• Make a New Year's Resolution to Reduce Credit Card Debt
  What is your New Year's Resolution? If your credit cards have been stretched thin by the holiday season, you might have vowed to reduce your credit card debt in 2009. Here are some tips for sticking to the plan and eliminating your debt.
  
• How Much Credit is Too Much?
  To the wise credit consumer, the proper use of credit cards requires constant evaluation. One can get in over their head very rapidly. Which begs the question: how much credit is too much?
  
• In Too Deep? How to Protect Yourself from Unethical Debt Collectors
  Are you being stalked by bill collectors? If so, you're not alone. Read on to learn why debt collection is a booming industry, and how you can make sure your collectors are following the law.
  
• 3 Credit Lessons from the Current Economic Crisis
  What can we learn from the recent economic meltdown? A lot, actually. This article takes examples from Wall Street and the government and applies them to everyday life.
  
• Are You a Typical American Card Holder?
  Just how much credit card debt does the average American household carry? How many credit cards do most people keep in their wallets? Are you a typical American card holder? This article has the answers.
  
• Using A Home Equity Loan to Pay Off Credit Cards
  The majority of American's carry some sort of credit card debt. Unfortunately, many of us carry so much debt at such high interest rates that it becomes difficult to make a difference in the amount we owe, even when we send a payment to the credit card company each month.
  
• Pay Off Those Credit Cards - Fast
  Some survival tips for getting out of debt - fast.
  
• How Smart Cardholders Shop During the Holidays
  Holiday shopping doesn't have to be stressful. Just set some simple spending rules, and follow them. This article describes how to minimize your credit card debt during the holidays.
  
• Reality Check: Half of Households Have No Credit Card Debt
  Nearly seventy-five percent of the population has zero or relatively little credit card debt.
  
• Make Credit Card Interest Work for You
  Many of us lament the amount of interest we pay on our credit cards each month. What if you could decrease your interest and put that money toward a secure future? You can! And you won't believe how quickly that money adds up.
  
• Climbing Out From Holiday Credit Card Debt
  Every year you plan to avoid the credit card fiasco, and even make a wholehearted attempt to purchase all of your holiday gifts with cash. If you’re reading this article, chances are you ended up using your credit cards more than intended! Don’t despair though; there are some tried and true methods of fixing your holiday credit card slump that you can put into action right away.
  
• Holiday Shopping and Credit Cards
  The holiday shopping season is a much-anticipated time of year for both the retail industry and consumers. For the retail industry, the largest percentage of their sales are earned during the holidays by consumers who have failed to plan and are easily lured to make impulse purchases for shiny new gadgets. Consumers on the other hand make a dash for the mall, credit card in hand, in search of a thrill from the fancy decorations and Christmas music, the sale signs, and the crowds.
  
• Preparing for the Unexpected
  While many people don’t like to talk about it unemployment is something very real that has the potential to be very damaging for the ill prepared. Due to poor planning and denial, many people once unemployed find themselves in a severe financial struggle.
  
• When it Seems Hopeless: How to Pay off Credit Card Debt
  The average credit card debt held by the typical American is over $8500. As any credit card holder knows, the interest on a credit card causes you to pay more than double the amount you've spent on the card, if you only send the minimum payment and never make any late payments.
  
• How Much Is Your Credit Card Really Costing You?
  Most people do not give much thought to how much the use of credit cards really costs. While you may think you are aware of the costs of credit, there are many hidden fees and charges that often go unnoticed by consumers until it is too late.