Credit Card Debt Plagues Rich And Poor Alike

Posted by administrator | 28/07/12 | Tagged Credit Card Debt

Credit Card Debt Plagues Rich And Poor Alike
News from TheStreet.com:

Remember when news reports claimed that actress Lindsay Lohan supposedly owed $ 600,000 in credit card debt and was having trouble paying it off? This sad story just goes to show that people of all income levels, professions, and stages of life can end up wallowing in credit card debt if they don’t have good money management skills.

Get Real and Confront Credit Card Use

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Even people who earn six figure incomes or more can find themselves struggling to keep up with credit card payments and other bills related to lavish lifestyles. So what should you do if your credit card use has spiraled out of control? Use the following tips to clean up your act and get credit card debt under control.

1. Stop making excuses

If you are addicted to shopping and other behaviors that run up credit card debt, recognize it and get help. Run, don’t walk, to a credit counselor or group like Debtor’s…………… continues on TheStreet.com

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The Smartest Ways To Climb Out Of Credit Card Debt
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When used responsibly, credit cards are a great way to

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Credit card debt plagues rich and poor alike

Posted by administrator | 28/07/12 | Tagged Credit Card

Credit card debt plagues rich and poor alike
News from Fox Business:

Remember when news reports claimed that actress Lindsay Lohan supposedly owed $ 600,000 in credit card debt and was having trouble paying it off? This sad story just goes to show that people of all income levels, professions, and stages of life can end up wallowing in credit card debt if they don’t have good money management skills.

Get Real and Confront Credit Card Use

Even people who earn six figure incomes or more can find themselves struggling to keep up with credit card payments and other bills related to lavish lifestyles. So what should you do if your credit card use has spiraled out of control? Use the following tips to clean up your act and get credit card debt under control.

1. Stop making excuses

If you are addicted to shopping and other behaviors that run up credit card debt, recognize it and get help. Run, don’t walk, to a credit counselor or group like Debtor’s Anonymous. Unless you are willing to make real and lasting changes, you are likely to continue your dependence on credit cards.

2. Stop trying to ke…………… continues on Fox Business

… Read the full article
.

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