Skip to content
Category:
Personal Finance
Credit card balances hit record highs in late 2022. If you’re one of the many people whose credit card balance has increased lately, you probably know there are uncomfortable consequences.…
Most U.S. consumers have a variety of debt, ranging from credit card accounts, auto loans, medical debt, student debt, personal loans, a mortgage and more. As years go by, it…
If it’s that moment on the calendar when prognosticating becomes a daily ritual in America, it must be tax filing time again. Roughly 168 million of us know we must…
Paying down credit card debt should be simple, right? Pay the bill every month and watch the balance shrink. But for many people, it doesn’t always work that way. Balances…
It might seem harmless to miss a credit card payment, but making late payments (even if it’s just one day late) can have repercussions. The longer you go without paying,…
Nonprofit Debt Consolidation More than 50 million U.S. household carry credit card debt over from month-to-month and, according to the Federal Reserve, the average amount they owe is $6,270. Nonprofit…
Nonprofit Debt Consolidation More than 50 million U.S. household carry credit card debt over from month-to-month and, according to the Federal Reserve, the average amount they owe is $6,270. Nonprofit…
When it comes to managing money, the quickest solutions usually aren’t the best. Credit card cash advances give you a fast way to get your hands on some money, but…
Understanding how debt impacts your credit will help you pay off loans quickly and efficiently. This guide aims to help borrowers understand the different types of debt and the nuances…
If you’re wondering how to pay off $15,000 in credit card debt, you can comfort yourself with the fact that you’re not alone. More than 40% of U.S. households carry…
Sources:
- N.A. (2023, February 02) Amidst Stubbornly High Inflation, Consumers Continue to Turn to Credit Cards, Home Equity to Maintain Stability. Retrieved from https://newsroom.transunion.com/q4-2022-ciir/
- N.A. (2020, July 31) Does Going Over My Credit Limit Affect My Credit Score? Retrieved from https://www.experian.com/blogs/ask-experian/does-going-over-my-credit-limit-affect-my-credit-score/
- N.A. (2023, July 10) Consumer Credit - G.19. Retrieved from https://www.federalreserve.gov/releases/g19/current/default.htm
- Luthi, B. (2020, June 22) Why Credit Card Companies Close Accounts Without Telling You. Retrieved from https://www.experian.com/blogs/ask-experian/why-would-a-credit-card-be-closed/
- Luthi, B. (2022, February 09) What Should My Credit Utilization Ratio Be? Retrieved from https://www.myfico.com/credit-education/blog/credit-utilization-be
- Sato, G. (2023, July 22) How to Increase Your Credit Limit. Retrieved from https://www.experian.com/blogs/ask-experian/how-to-increase-your-credit-limit/
- Axelton, K. (2021, July 23) How to Set Up Credit Card Alerts for Fraud and Purchases. Retrieved from https://www.experian.com/blogs/ask-experian/how-to-set-up-credit-card-alerts-fraud-purchases/