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Credit Card Debt Archives

Avoid overspending this year with these tips

The holidays are almost here, and that means lots of new gifts and items are on display at all the local shops. In 2016, 27 percent of shoppers claimed they had no budget, and another 24 percent went over their budgets. As someone who is trying to get out of debt, it's important that you understand what you can do to celebrate the holidays without going into unnecessary debt.

Credit cards make an appearance with uptick in holiday spending

It's 2017, and the economy is benefiting from something it hasn't had in years: heavy credit card use. Paying with credit cards is up eight percent since 2016. Why are so many people more comfortable using their credit this year than last?

Don't be tempted by illegal ways of paying off credit card debt

Most people who are in debt due to credit cards don't think about turning to illegal methods to pay those debts off. One thing that many people want to do once they realize that their debts are overwhelming is to pay them off as quickly as possible.

Know how to spot debt collector harassment

Having to deal with bill collectors isn't on the top of anyone's list of fun things they can do during the day. There are some specific points that anyone who has to deal with debt collectors should know so that they can determine when legal attempts to collect a debt turn into harassment.

Credit card debt can be difficult to overcome

Credit card debt is difficult to overcome, especially when you can't afford to make more than just the minimum monthly payments. As time moves forward, you will likely find that you are having to pay more and more in interest. Even the fees from the card might start pushing the balance up.

Credit debt continues to grow across the United States

If you ask anyone in America how much credit card debt he or she has, he or she is likely to tell you an amount. Most Americans carry at least some debt on credit cards. A May 17 news report looked into just how much people carry in debt today.