Posts tagged as:

credit cards

Thumbnail image for Senate Passes Fair Access to Credit Scores Act

Senate Passes Fair Access to Credit Scores Act

May 18, 2010

Last night, the Senate passed an amendment introduced by Senator Mark Udall that would provide credit scores to consumers in certain situations. Titled the Fair Access to Credit Scores Act of 2010, this amendment was added to the much larger financial regulatory bill currently being debated in the Senate. Benefit to consumers Consumers will now [...]

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Thumbnail image for Popular Debt Settlement Myth #2 Exposed

Popular Debt Settlement Myth #2 Exposed

May 17, 2010

If you are considering debt settlement to resolve your credit card debts, I strongly urge you to do your own research and be as informed as possible before deciding to move forward. Regular readers of the DIY Debt blog know how little I think of the majority of debt settlement companies out there and that [...]

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Math Benefits Of Debt Settlement

April 13, 2010

Yesterday we examined why a popular debt settlement myth isn’t true in this post. Now let’s take the same example we looked at yesterday and take it a step further to explain the benefits of the debt settlement approach in easy to understand math. I know, you hated math in school. But for those of [...]

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Thumbnail image for Popular Debt Settlement Myth Exposed

Popular Debt Settlement Myth Exposed

April 12, 2010

If you are considering debt settlement to resolve your credit card debts, I strongly urge you to do your own research and be as informed as possible before deciding to move forward. Regular readers of the DIY Debt blog know how little I think of the majority of debt settlement companies out there and that [...]

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Thumbnail image for Federal Trade Commission Warns Consumers About Debt Settlement Companies

Federal Trade Commission Warns Consumers About Debt Settlement Companies

April 7, 2010

For the past couple of years, the debt settlement industry has been closely watched by the Federal Trade Commission (FTC). Debt settlement companies attracted this attention because of the high volume of deceptive advertisement they’ve been targeting consumers with. It’s no secret that millions of Americans are struggling with high debt balances, and many debt [...]

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Thumbnail image for 3 Credit Card Mistakes To Avoid

3 Credit Card Mistakes To Avoid

April 6, 2010

Rising credit card debt is an epidemic that is affecting more people today than ever. Legitimate financial hardships like the loss of a job, the onset of a medical condition or a divorce are causing thousands of Americans to fall behind on their credit card debt payments. On the other hand, there are others who [...]

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Thumbnail image for 4 Steps To Budget Effectively And Eliminate Debt

4 Steps To Budget Effectively And Eliminate Debt

April 5, 2010

In today’s world of financial uncertainty, it’s more important than ever to examine your finances carefully. This is especially true for anyone who is struggling with high debt balances and wondering what is the best solution to address their debt. Before you consider all the debt reduction strategies available to you, you must analyze your [...]

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Thumbnail image for How To Keep Credit Card Banks Out Of Your Checking Account

How To Keep Credit Card Banks Out Of Your Checking Account

March 29, 2010

If you have decided that the debt settlement strategy is the best solution to address your debt problems, before you get started, you should become aware of cross-collateralization and take the necessary steps to protect your money. What are you talking about? A bank can reach into your checking or savings account and take the [...]

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Thumbnail image for Here We Go Again: Deceptive Debt Settlement Advertising

Here We Go Again: Deceptive Debt Settlement Advertising

March 25, 2010

The debt settlement companies are circling like vultures again. With the soaring number of consumers who are undergoing financial struggles, we are once again seeing many debt settlement companies undertaking the age old practice of deceptive advertising. This time they’re doing it through the mail. Along with TV and radio, misleading debt settlement ads seem [...]

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Thumbnail image for How To Rebuild Your Credit Using Secured Credit Cards

How To Rebuild Your Credit Using Secured Credit Cards

March 19, 2010

If you are suffering with bad credit, you know how difficult it can make your life. Bad credit can hold us back from doing various things like financing a new purchase to renting an apartment to even getting certain jobs. The most common causes of bad credit are defaulting on debts and filing bankruptcy. Well, [...]

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