For those who got into financial waters over their head, it may seem impossible to be able to take a deep breath. Drowning in a sea of debt is not something that only affects those with limited financial resources and just one or two missed payments can have a devastating effect on their credit [...]

Very few set out to establish bad credit, although it is easier to do than establishing a good credit rating. Although a good credit report can be earned simply by paying all of your bills on time, a bad credit rating is easier to accomplish, as the only thing you have to do is incur [...]

If you find yourself paying out more each month than you are bringing in it may be time to consider consolidation of debt to reduce the monthly obligations. Many times people get in over their head and just need some breathing room to get themselves back on a [...]

Use this calculator to determine how long it will take you to payoff your credit cards if you only make the minimum payments. Enter your credit card information below and press “View Report” to see your payoff details.
Definitions
Balance
Your current balance on your credit card.
Interest rates The average annual percentage rate you pay. This interest rate [...]

Just as Americans find themselves increasingly indebted to credit card companies and payday lenders, interest rates have begun to rise and housing values have gone the other way. Adjustable rate mortgages have “reset,” leaving millions of Americans with higher mortgage payments than they ever intended, and [...]

When selecting a credit counselor, you have a lot of choices. Thanks to the increased indebtedness of the average American household and changes in the Federal Bankruptcy Code, there are literally thousands of consumer credit counseling services from which to choose. With that in mind, why [...]