If you are facing insurmountable amounts of credit card debt, the first thing that you need is a plan. Having a solid financial plan in place for dealing with your debt will help you get it under control so you can move forward into a stable financial future. One...

There are a multitude of “clever” tips and tricks to get out of debt fast, but the reality is that getting out of credit card debt is much more like a marathon than a sprint. Whatever method you choose to deal with your debt, you will be managing the situation for...

Whether you are facing a divorce, learn of a partner’s spending habits or are considering how marrying someone with credit card debt may affect your finances, you want to know how Maryland considers debt for couples. As the State Law Library explains, generally, you...

If you are like many Americans, you have higher credit card debt than you would like. On average, credit card holders have $15,000 in debt, according to the Huffington Post. When it comes to any amount of credit card debt, people want to know how to pay it off. How...

One of the most damaging myths out there is that carrying a balance on your credit cards directly increases your credit score. An interest-bearing balance does not improve your score. It is not necessary to establish a credit history. It does not give you points with...

When it comes to dating and marriage, finances can be a deal-breaker. Poor financial management can seriously damage a relationship. When a person struggles with credit card debt, it can lead to other partners finding him or her undesirable.  Fortunately, there are...

People struggling to stay on top of their debt may have a mix of different types of bills to pay. These may include medical bills, credit card debt, automobile loans and more. Not every type of debt is the same and consumers should learn about the two primary forms of...

Most people in the U.S. are living with some type of debt looming over them. In 2016, American household debt, including mortgages, home equity loans, credit cards, student loans and auto loans, reached a staggering $12.58 trillion. The average household alone carries...

Before a person can declare bankruptcy, they must participate in credit counseling. This financial advice helps people understand their budgets and pursue alternative solutions. Credit counseling helps people avoid bankruptcy, which should remain a last resort for...

Bankruptcy would probably not stop you from shopping for necessities online or paying bills virtually. However, if you used a credit card in the past, that might be a costlier option during and immediately following the process. One of the main purposes of bankruptcy...