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.

• What You Should Know about Credit Card Debt Negotiation
  Getting ready to negotiate your credit card debt? Read this article first to find out some important facts you should know before you make the call.
  
• 5 Tips for Dealing with Credit Card Debt Collectors
  Stop hiding from debt collectors and start negotiating better pay-off terms! Here are five tips to remember when dealing with credit card companies and collection agents.
  
• Skip the Refund and Have More Money For Credit Card Bills
  Sure, it's great to get a big, fat tax refund all at once every year – but if you're struggling to pay your bills and credit card debt year round you should make some changes. Many people leave their tax withholdings set up purposely to get the refund after filing their tax return – sort of like a savings account or vacation fund. The problem is you're giving the IRS a tax-free loan, that could better be put to use paying your debts throughout the course of the year.
  
• Credit Card Debt and Divorce
  Are you going through a divorce? Who's responsible for the credit card debt -- you or your spouse? This article shares some useful advice about credit card debt and divorce.
  
• Old Credit Card Debt: Should You Pay?
  If you've got unpaid credit card debt from years back, should you pay up or just let it fall off of your credit report naturally? This article helps you choose the right course of action.
  
• Can You Pass On Credit Card Debt to Your Kids?
  When you die, who is responsible for your outstanding credit card debt? This article takes a look at what happens to your credit card debt after you die.
  
• How to Talk to Your Partner about Credit Card Debt
  Credit card debt can be a scary topic. This article contains tips for bringing up the issue with your spouse, and having a financial discussion rather than a money fight.
  
• How to Talk to Seniors about Credit Card Debt
  People of any age can accumulate credit card debt, but seniors have special considerations. Here's how to broach the subject with tact and compassion.
  
• Change Your Credit Card Due Date
  People everywhere are feeling the economic slump. If their own budgets haven't taken a hit yet, they're likely to experience loss of money in their retirement accounts and other investments, or fear that their job may be on the line. Businesses are reporting decreased sales and many are closing shop because they are unable to keep up with rising costs against decreased sales. Even the credit card industry, an industry that earns billions of dollars in interest and late fees every year, is reporting that they're struggling.
  
• 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.