Credit abuse; it’s not likely to make the papers or end up in a courtroom (even though it can), but it’s a chronic issue in the United States today. The issue is exacerbated by the fact that even our government is billions of dollars in debt and continues to dig itself further into it! Seems like a lot of people abuse what credit they have, and their credit scores are lackluster because of it. Today, we’re going to explore three of...

Suzie got a credit card when she turned 16. Yeah, that wasn’t the brightest idea ever. It was a joint credit card with her mom, who wasn’t incredibly financially-savvy herself. She frequently maxed it out (thankfully it was only $500, but still, the point remains) even though it was meant “for gas.” For gas turned into “for everything.” Suzie’s mom is an example everyday mishaps where we can be too “trusting” to...

Debt issues run rampant in the United States. This is one of the main reasons that the US went into a bit of an economic mess throughout the beginning of the 21st century. Credit was incredibly easy to get, and because of that, people got a lot of it. As the stock market started to struggle, people were unable to pay their debts off, banks started to have issues because more and more people were not paying their loans off, and then the...

Debt is a pain. Seriously. With American culture the way that it is, debt is a normal part of life, but it doesn’t make it any less of a pain. Are you one of many Americans who are trying to reduce their debt? Good!  Are you just paying extra on your credit cards or do you have a plan? I encourage you to try and make a game plan for getting rid of that extra debt… or preventing it from happening again. Not in debt? Stay that way! - ...

Sometimes we all make unwise financial decisions or take on more credit than we can handle. Sometimes we acquire bad credit from unfortunate circumstances like going through a divorce, loss of a spouse,  or experience  medical issues that results in the inability to work or excessive medical bills. Regardless how you get into debt, I think we can all agree that its much easier to get into debt than to get out of it. If you have bad...

Digging your way out of credit card debt can be an overwhelming and feeling hopeless.  It is embarrassing for friends and family members to know that you’re struggling to pay your bills. You also may be tossing and turning at night thinking about how to get out of your current debt situation. You are not alone. With hard work and discipline, you can work your way out of debt! If getting out of credit card debt is something you want...