Category:
Credit Cards

Student Credit Card

When to Give Your Kids a Debit Card

By Joey Johnston | December 6, 2016

More than one-third of college students say managing a bank account is a major cause of stress. Also, 12% say they never check their bank account balance because it makes…

Prepaid Card Rules

New Rules for Prepaid Cards: CFPB Calls For Transparency

By Joey Johnston | November 2, 2016

The soaring popularity of prepaid cards will be put to the test over the next year as providers adjust to new regulations handed down by the Consumer Financial Protection Bureau…

Credit Card Myths and Facts

Six Credit Card Myths Debunked

By Joey Johnston | October 24, 2016

Ric Edelman, a financial adviser who is a best-selling author and syndicated radio show host, remembers the days when everyone rushed to the bank on a Friday afternoon to cash…

No Credit Card Debt For Millennials

Millennials Reject Credit Cards and Credit Card Debt

By George Morris | August 30, 2016

If you want to break up the loud party that your neighbor’s millennial kid is throwing in his basement bedroom, don’t call the cops. Just barge over and pass out…

Man burning interest percent

How To Reduce Credit Card Interest Rates

By Tom Jackson | August 18, 2016

How to Reduce Credit Card Interest Credit cards have some great perks (who doesn’t love cash back?), but pesky high interest rates can cancel out those benefits. High interest rates…

Debt Snowball Vs. Debt Wrecking Ball

Debt Snowball vs. Debt Wrecking Ball

By George Morris | May 10, 2016

Dave Ramsey has made the term “Debt Snowball” famous, but if you’re buried under an avalanche of debt, is his remedy more like a debt snow job? Ramsey disciples would…

Check the signs to see if you have too much credit card debt

How Much Credit Card Debt Is Too Much?

By George Morris | November 3, 2015

Using credit cards to cover expenses is a fact of life for many people. Credit cards are convenient and easy to use, but thanks to ultra-high interest rates, they’re even…

Credit Card

Credit Card

By George Morris | November 3, 2015

How To Manage Credit Card Debt Managing credit card debt can be difficult and complicated. Before coming up with a debt relief strategy that works for you, you should learn…

Yellow bulldozer pushing the word debt to the pit

Alternative Debt Solutions: Getting Out of Debt

By Alan Schmadtke | October 29, 2015

If your monthly debt payments outside of mortgage or rent exceed 20% of your income, you have a debt problem that requires attention. The good news is you have options.…

Credit Card Convenience Checks

Just Say No To Credit Card Convenience Checks

By George Morris | October 29, 2015

Mark Boileau of Dallas recently bought a new Toyota Prius with the help of a “convenience check” issued by his credit card company. But his experience turned out to be…

Sources:

  1. Nyheim, H. (2015, April 2). Money Matters on Campus: Survey of 43,000 College Students Shows Student Loan Amounts and Financial Stress Levels on the Rise. Retrieved from https://everfi.com/money-matters-on-campus-2015/
  2. Eckler, R. (2016, April 18). When Kids’ Allowance Goes Digital. Retrieved from http://www.macleans.ca/society/life/when-allowance-goes-digital/
  3. Carrns, A. (2016, October 14). Why, and When, Should Your Child Have a Debit Card. Retrieved from http://nyti.ms/2fG2ynr
  4. Travillian, A. (2016, August 15). When Should You Give Your Kid a Debit Card. Retrieved from http://bit.ly/2fG6Pr0