Rising Credit Scores, Falling Debt: Here’s How To Jump On The Bandwagon
News from www.CreditCards.org:

Congrats average Joes and Janes! Your New Year’s resolutions are paying off. Credit scores are on the up and up, according to CreditKarma.com’s U.S. Credit Score Climate Report.

The trend data for January 2012 shows that the average credit card debt in the U.S. fell eight percent since December, landing at $ 6,069. That helped raise the average consumer credit score one point to 661– the first time since April that credit scores have increased.

Every state can go ahead and pat themselves on the back for paying down credit card debt this month, except for Wisconsin. The Cheeseheads were the only ones to add to their average credit card debt (by four percent).

But let’s focus on the winners. According to the report, Arkansas, Nebraska, and Iowa paid down their debt by the largest percentages. West Virginians have the least amount of mortgage debt. And Wisconsin made up for their credit card debt by claiming the lowest auto debt.

Three Easy Ways To Raise Your Credit Score

There’s no magic spell for fixing a mediocre credit score, and taking your credit from “yuck” to “wow” takes time and financial focus. But here are three simple steps you can take to get a quick score boost:

1. Get a cred…………… continues on www.CreditCards.org

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Related News:

Americans continue to seek new lines of credit
News from Debtmerica Relief:

Consumers are growing more comfortable in dealing with credit card debt these days, and demand for new lines of credit of all kinds has grown substantially.

In the second half of 2011, the number of inquiries for credit accounts, which are viewed as a reasonable gauge for consumer credit demand, increased 2.7 percent, according to new data in the Quarterly Report on Household Debt and Credit released by the Federal Reserve Bank of New York. In addition, the average credit limits consumers could carry rose $ 98 billion nationwide, a 3.6 percent increase over available maximums at the end of the third quarter, as the number of open credit card accounts jumped 3 million to a total of 386 million.

Meanwhile, consumers continued to be more conscientious in their efforts to pay down existing debts on time, the report said. Overall, household debt delinquency fell in the fourth quarter, but still a…………… continues on Debtmerica Relief

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In Debt We Trust
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Get Your Life Back in Six Months Eliminate Credit Card Debt: The consumer’s debt elimination, lawsuit defensive, & credit repair guide
This book unmasks man’s worst enemy, the credit card industry, and educates consumers of the danger lurking in their wallets. F…