Posts Tagged ‘credit card debt’

by Thom Fox Most of us do not strive for bad credit. Layoffs, illness, divorce, and unexpected expenses are not things we plan on or look forward to, but they happen. If you have gone through a financial hardship and your credit rating has suffered, what should you do? Fortunately it is not incredibly difficult to reestablish a good credit history. One of the easiest ways to get ... Full story

by Thom Fox All sorts of things can happen in life, many of them unpleasant. You may experience a financial setback that causes you to become delinquent on your bill payments. This situation can be stressful, especially when you have to deal with collection calls. Collectors are notoriously aggressive. No matter how many times you tell a collector that you can’t afford to make a payment ... Full story

When you’re developing a long-term strategy to improve your credit, you need to focus on two main areas Full story

Maxed Out–Take I   During my career I’ve had the opportunity to meet some gifted and caring people doing their best to bring about positive change in our society. On March 14 I met a number of these individuals in an unlikely setting, a documentary premier at Harvard Law School.  “You’ll laugh! You’ll cry,” but soon you’ll come to the realization that the life stories presented in director ... Full story

  You’re absolutely right, Thom. Maxed Out aims to enlighten us all to the practices of financial institutions that have contributed to higher profits for them, while showcasing the so-called “middle class,” which is going deeper into debt and even facing financial ruin. I would add that credit card companies have also been good at attracting new full-time college students to apply and receive their first credit ... Full story

A basic step to rebuild  or build your credit If you’ve had difficulties with credit in the past, you may be finding it difficult to reestablish your credit as lending practices tighten. Don’t worry. There is a tried and true option that you shouldn’t overlook: the secured credit card.  A secured card simply requires you to deposit funds into an account ... Full story