Controlling Credit: Top 10 Things to Know
1. Americans are loaded with credit card debt.
The average American household with at least one credit card has nearly $9,200 in credit card debt, according to CNN Money, and the average interest rate runs in the mid- to high teens at any given time.
Get your Credit Reports and Scores
Credit Repair was never more easy
Know what information lenders have on you.
While you’re cleaning up your debt, order copies of your credit reports, which are free, and your credit scores, which cost about $15, since the information contained in them will directly affect the interest rates you’re offered on credit cards, mortgages and other loans.
Good Debt vs. Bad Debt
Don’t let debt get out of hand
Sometimes it makes sense to borrow – a lot of times it doesn’t.
It’s almost impossible to live debt-free; most of us can’t pay cash for our homes or our children’s college educations. But too many of us let debt get out of hand.
Good news about dealing with Collectors during the holidays
Dealing with Collectors
Dealing with debt collectors rarely is a pleasant activity. They call you up at all hours of the night, send you nasty letters and can make your life a living nightmare.
Finally some Good Developments in the Economy
Economy Developments
I am browsing through the internet every day to read about what’s going on with the Economy (Credit Crisis, Recession etc.). Every day I have been very disappointed about the overwhelming negative developments, but today I finally found some good news about our economy that I would like to share with you.