Love Is Blind, But Creditors Aren't
Much as we'd like to, we can't marry just part of someone. We marry all of them. That includes their good and bad points. Also their assets and liabilities.
Amber has great credit and she's worked hard to keep it that way. The man she is about to marry is not good at paying bills on time and his credit... >Read More
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credit and debt,
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Gary Foreman,
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Students and Credit Cards
Surveys show that 80% of undergraduate students have at least one credit card in their own name without anyone else being responsible for payment. And almost every study shows that more students are carrying higher unpaid balances on their accounts each year. One report from Nelliemae.com indicates that the average balance in 2000 was over $2,700....... >Read More
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credit and debt,
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Gary Foreman,
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Low Interest Balance Transfers
Can you explain all the hype and offers having to do with transferring amounts from one card to another or using checks at a very low interest rate? I get so many offers I figure there's a reason these credit card companies are pushing people to do it. I just don't know what that reason is.
~ Ellen
Ellen is... >Read More
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Gary Foreman,
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Smallest Bill? Or Highest Rate?
My husband and I have accumulated some credit card debt, a personal loan from my mom, and a home equity line of credit.Recently getting married, purchasing our first home, and some medical bills have really put a hurting on our budget.
Some advice that I have read says that one should pay off the debt with the highest interest rate... >Read More
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budgeting,
credit and debt,
finances,
Gary Foreman,
Men,
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Credit Card Minimum Payments
A couple of months ago I read an article about getting finances under control. According to the article, you can double the minimum monthly payment on a revolving charge and that account will be paid in full in 36 months regardless of the amount. How could that be possible? Especially considering how "minimum" most minimum monthly payments are....... >Read More
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credit and debt,
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Gary Foreman,
Men,
Women,
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Terminating Automatic Bills
I requested that my credit card account be closed in June. In November I received a bill for $110 for automated charges that go through once a year.
The credit card company said that it was my responsibility to request that these charges stop going through. The problem is that I can't get through to these companies to have these... >Read More
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Gary Foreman,
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The Road to Good Credit
"Whether you're trying to establish credit for the first time or re-establish credit after experiencing financial difficulties, a lender will be looking for assurance that you can pay back the money you borrow", says Consumer Credit Counseling Service. You must be able to show:
Stability - You must prove that you can hold a steady job with a...... >Read More
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