Credit Card Debt Roundup

Monday, July 15, 2013

07/15/13 The Raw Credit Card Debt News Feed

Comprehensive Real-Time News Feed for Credit Card Debt.

Credit card, student loan debts drop in Hawaii _{2013-07-15, 06:17 pm}
Credit card debt in Hawaii was $6,080 in June, 13.5 percent less than the average credit card debt of $7,032 held by Hawaii consumers in June 2012, according to data from Credit Karma.
DAVIS: A priceless dream come true _{2013-07-15, 04:24 pm}
Dave Ramsey was light years behind my parents and my in-laws. For those who don't know, Dave Ramsey is a financial guru with a history of personal financial ruin, credit card debt up to his eyeballs and bankruptcy.
How To Construct A Diversified Bond Portfolio For Retirees _{2013-07-15, 03:52 pm}
... years. Asset-Backed Bonds. These are financial securities backed by tangible assets, such as loans, leases, credit card debt, or real estate. Mortgage-Backed Bonds [MBB] are a specific class of asset-backed bonds that are backed by mortgages. An ...
Credit Card Usage is Up. Here's What to Do As a Consumer. _{2013-07-15, 02:02 pm}
A recent Federal Reserve report states that Americans have increased their credit card usage, in fact the category that includes credit card debt has hit its highest point since the fall of 2010.
Loans.org Finds the Elderly Have Easier Access to Personal Loans _{2013-07-15, 12:53 pm}
... generations who are still struggling in a slowly recovering economy amid record high student loan and credit card debt. Additional articles, interviews, news and frequently asked questions about the personal loan industry are available at ...
Credit Card Delinquencies At Lowest Since 1990 _{2013-07-15, 10:04 am}
... e when it comes to credit cards is still necessary. Americans are expected to generate a new $47 billion in credit card debt this year, so a slight credit card delinquency rate drop is just the beginning.
How Grads Should Prioritize Their Debt Repayment _{2013-07-15, 09:21 am}
... that extra cash support in case something unexpected comes up." If grads have a variety of debt, such as credit card debt and student loans, it's crucial to first review debt interest rates, says Sabol. "Typically the plan should center around the ...
Carney to Host Discussion on College Costs _{2013-07-15, 08:23 am}
... decades, and that total U.S. student loan debt recently topped $1 trillion, more than both auto loans and credit card debt. The University of Delaware said last week it was raising tuition and fees for in-state undergraduate students by almost 4 ...
Susan Tompor: Knowing score on credit not as simple as a 3-digit number _{2013-07-15, 07:00 am}
... your available credit and make the ratio of credit used to credit available worse. If you have $2,000 of credit card debt outstanding, it hurts your score more if your total available line of credit is $5,000 instead of $15,000. -Make sure to get a ...
Money Talk: Consider bankruptcy to deal with co-signer credit card debt _{2013-07-15, 05:30 am}
Q: I co-signed a credit card for someone and the person defaulted on payment. I started making payments but could not continue because I became unemployed.
Unemployed at-home spouses get improved credit access with amended CARD Act rule _{2013-07-09, 03:00 am}
... consumers. In the three years it has been in effect, the CARD Act has helped many cardholders reduce their credit card debt load. However, the CARD Act negatively affected one group of consumers and inadvertently curtailed their access to credit. ...
Parliamnt: No Plan For Repaying Credit Card Debts With EPF Savings _{2013-07-15, 03:10 am}
... upplementary question, also from Nawawi, Ahmad said the government had no plan for automatic elimination of credit card debt during a certain period, as was done in some countries. -- BERNAMA
Aussies on track to being debt-free _{2013-07-14, 09:01 pm}
... Hans Kunnen said despite more Australians being clear of debt, there was an increase of 1.4 per cent in credit card debt in the last quarter and a 5.8 per cent increase over the last 12 months. Australians with car finance also rose in the June ...
It's a struggling world amid economic recovery _{2013-07-14, 03:00 am}
... somehow the American consumer has managed to find enough resources to step up purchases with both credit card debt and auto sales showing near-record increases in June. Some say that consumer deleveraging has ended. In reality, it is the cost of ...
The science of smarter consumption _{2013-07-13, 11:54 pm}
... associated with a higher body mass index, increased binge eating, lower credit scores and higher levels of credit card debt for those with strong ties to their online network. "Even a small 5-minute 'dose' of social network use in our studies was ...
Money Matters: Wife doesn’t want to budget despite $19,000 in debt _{2013-07-13, 11:00 pm}
Q. My husband and I have been married for a little more than one year, and he wants us to go on a budget.
In Oregon, paying it forward focuses on student debt _{2013-07-13, 09:47 pm}
... on the subject of student debt, which now totals more than $1 trillion nationally -- more than America's credit card debt. When graduates leave campus with their diploma in hand, they have an average loan statement of $26,000 in the other hand. The ...
Filing For Bankruptcy In Retirement _{2013-07-11, 01:51 pm}
... filing for bankruptcy over the last few years. This research shows retirees are increasingly burdened with credit card debt. Mounting interest charges and late fees can spell financial disaster. Filing for bankruptcy can be a promising solution for ...
CEO of One of the Nation's Leading Commercial Debt Collection... _{2013-07-13, 07:49 am}
John Monderine, CEO at one of the nation's leading commercial debt collection agencies comments the rise of credit card debt and the fall of delinquency rates.
Make My DayTHE Birds and Bees are Out to Get Me _{2013-07-13, 03:39 am}
... exchange for selling us - the taxpayers - a boatload of mortgages foreclosed upon before last March 31, and credit card debt that borrowers defaulted on last year. If there is an underlying home, some day someone is going to buy it from a bank that ...

Tuesday, June 25, 2013

06/25/13 Comprehensive Real-Time News Feed for Credit Card Debt.

Comprehensive Real-Time News Feed for Credit Card Debt.

Responsible ways to use credit _{2013-06-25, 11:07 am}
... or can't afford, such as charging an expensive vacation on a credit card. The worst form of bad debt is credit card debt because it carries the highest interest rate. It becomes particularly bad when consumers are unable to cover the monthly card ...
15 Easy Ways To Beef Up Your Emergency Savings Fund _{2013-06-25, 10:56 am}
... once you've finished making payments on a big-ticket item, such as a car payment, a student loan, or your credit card debt, just shift that payment to your savings account instead. Consolidate your savings . It may be just psychological, but keeping ...
Mary Hunt- Everyday Cheapskate: Three ways to boost your credit scores _{2013-06-25, 10:46 am}
... percent) of it at any time. If all of your credit cards together total $15,000 credit limit, all of your credit card debt should not exceed $3,000. If you're over, do everything you can to get below 30 percent utilization. Then go for the gold by ...
Not the Make-A-Wish Foundation _{2013-06-25, 09:40 am}
... of view. Another sibling took him for a lot of money many years ago, running up thousands of dollars in credit card debt. There is a good possibility that nothing will come of this hobby farm, and we'd all be out a lot of money, and for what? We ...
Student debt eyed as deadline looms _{2013-06-25, 08:40 am}
... report by Congress' Joint Economic Committee, which means Americans now owe more in student loans than in credit card debt. About two-thirds of those who graduated in 2011 had student loans, according to The Institute for College Access and Success, ...
The Debt Management Tool 2.1 _{2013-06-25, 07:55 am}
... All the data is organized by month. You enter in monthly expenses, monthly income, and current loans or credit card debt along with the interest rate. The program will sum the totals and tell you how long it will take you to pay off all your debt ...
Encore Capital Group May Have Risen By 250% Over 5 Years, But It Remains Underappreciated_{2013-06-24, 03:00 am}
... to go. Debt recovery firms such as Encore Capital Group purchase portfolios of primarily charged-off credit card debt, defaulted consumer loans, and receivables subject to bankruptcy proceedings. These are typically purchased at significant ...
My sister uses her illness to get us to finance her 'lifelong dreams' _{2013-06-25, 03:30 am}
... of view. Another sibling took him for a lot of money many years ago, running up thousands of dollars in credit card debt. There is a good possibility that nothing will come of this hobby farm, and we'd all be out a lot of money, and for what? We ...
Are Internet Lenders Right for Your Small Business? _{2013-06-25, 03:08 am}
... - clearly, a very different story. Apply For a Personal Loan Get the funds you need to consolidate credit card debt, finance a home improvement project or pay for school. We can introduce you to lenders who can qualify you quickly. Loans up to ...
Advantage CCS is Excited to Announce the Launch of Their New Free Tool Called Goal Tracker_{2013-06-25, 03:00 am}
... goals that you could create are; buy a house, save for a vacation, buy a car, save for retirement, pay off credit card debt, save for college books, etc. Also, don't forget about periodic expenses which occur on an irregular basis throughout the ...
Charlie Mitchell: Student loans can be a financial trap _{2013-06-25, 02:46 am}
... economists everywhere have sounded their gongs to alert us that total student debt is larger than total credit card debt. Mississippi, usually among the first of the worst and the last of the best, is almost in the middle of the pack. We're 33rd ...
Brains getting the edge over brawn Down Under _{2013-06-25, 02:29 am}
... and invested $60m (R609m). Founded by the pair straight out of university 10 years ago using a A$10 000 credit card debt, Atlassian is now a world leader in collaboration and bug-tracking software, pulling in revenue of A$103m in 2011. Its products ...
How to get out of a multiple loan debt trap _{2013-06-25, 01:59 am}
... months ago for some urgent payment he had to make and a personal loan which is 18 months old. He also has credit card debt of Rs 35,000 which is growing with interest. Manish is at his wit's end to find a way out of this financial mess. He has a ...
Market MoverA Financial Prescription for the Globe _{2013-06-25, 01:01 am}
... exchange for selling us - the taxpayers - a boatload of mortgages foreclosed upon before last March 31, and credit card debt that borrowers defaulted on last year. If there is an underlying home, some day someone is going to buy it from a bank that ...
Mayor, Collins show tax returns _{2013-06-24, 11:27 pm}
Toledo Councilman and mayoral candidate D. Michael Collins, right, and Mayor Mike Bell released personal financial documents Monday that showed healthy incomes and high credit scores.
Following fundamentals: 5 steps to financial confidence _{2013-06-24, 12:49 pm}
... decisions in your 20s will make the rest of your life easier, he said. Pay off your student loans, avoid credit card debt and only spend money on what you need versus what you want. If you make bad decisions in your 20s, you'll spend 20 years ...
Dangerous revenge: Beating credit card companies at their own game _{2013-06-24, 12:10 pm}
... For many Americans, their full-time job may have to do a lot with making minimum payments. The amount of credit card debt per U.S. household averages $7,073, according to a new analysis by NerdWallet.com . If you look at the average credit card debt ...
Credit cards aren't all bad _{2013-06-24, 03:00 am}
... interest charges. Thanks to a "buy now, figure out how to pay for it later" attitude, the nation's total credit card debt has reached $850 billion. Still, credit cards can be very useful. The key is to charge responsibly and not spend more than you ...
No credit card debt, are you serious? _{2013-06-24, 06:04 pm}
When most people think of credit card debt, they think of the "extras" or the wants that they can purchase and have.
Everyday Cheapskate: Three ways to boost your credit scores _{2013-06-24, 11:45 am}
... percent) of it at any time. If all of your credit cards together total $15,000 credit limit, all of your credit card debt should not exceed $3,000. If you're over, do everything you can to get below 30 percent utilization. Then go for the gold by ...

Sunday, April 21, 2013

Terry Savage: The Shame of Student Loans

There is more student loan debt outstanding -- $1 Trillion -- than credit card debt! And the government is making a huge profit on it -- an estimated 36 percent profit margin .

http://www.huffingtonpost.com/terry-savage/the-shame-of-student-loan_b_3127099.html

Saturday, April 20, 2013

The Smartest Way to Spend Your Tax Refund in Holly Springs

... may receive all year. Use it wisely and dedicate a portion (or all of it) to paying down debt. If you have credit card debt, make a lump sum payment towards the bill. If credit card debt isn't your problem, consider making an extra (13 th ) payment ...

http://hollysprings.patch.com/articles/the-smartest-way-to-spend-your-tax-refund-in-holly-springs

Student loan debt crisis a drag on economic recovery

... loan balances, and payment delinquency rates all increasing since 2005. Student debt exceeds auto loans, credit card debt, and home-equity loan debt balances. Only mortgage debt is larger. The Forbes report cites Dr. Andrew Jennings, FICO's chief ...

http://www.examiner.com/article/student-loan-debt-crisis-a-drag-on-economic-recovery

Women and Money Conference set for this week

... women in West Virginia. "Don't fall into pitfalls when you get to college," Perdue advises. "Don't get into credit card debt. If you come out of college with loan debts and credit card debts, you may have to go into bankruptcy." Lee speaks on ...

http://www.wvgazette.com/News/201304190171

The Smartest Way to Spend Your Tax Refund in Woodstock

... may receive all year. Use it wisely and dedicate a portion (or all of it) to paying down debt. If you have credit card debt, make a lump sum payment towards the bill. If credit card debt isn't your problem, consider making an extra (13 th ) payment ...

http://woodstock.patch.com/articles/the-smartest-way-to-spend-your-tax-refund-in-woodstock