Category Archives: Banks
Choose Debit Over Credit, But Be Wary of Overdraft Protection
Faced with sky-high interest rates and increasing fees, many consumers are giving up credit cards in exchange for debit. Like credit cards, debit cards are convenient – they don’t require a trip to the ATM, don’t involve making change, and make receipts obsolete since you can usually track your purchases on a bank statement. But… Read More »
Atlanta Bankruptcy Lawyers See Silver Lining in Rising Minimum Payments
We’ve all heard the saying when life gives you lemons, make lemonade. Well, how about this one: when credit card companies give you higher minimum payments, make the decision to reduce debt for good and find a financially-secure future. OK, so it doesn’t quite have the same ring to it as the old lemonade adage…. Read More »
Chicago Bankruptcy Lawyers Caution Against Paying Minimum Balance
I’ve got good and bad news. First, the bad – credit card companies are raising minimum payments. Now, for the good – credit card companies are raising minimum payments. No, I haven’t gone crazy. You see, higher minimum payments are actually a blessing in disguise. Yes, they might be more difficult to manage if you’re… Read More »
How to Eliminate College-Caused Credit Card Debt for Good
I learned a lot in college. But the most important school-related lesson came after graduation. I finally figured out how to free myself from the credit card debt I racked up during those four years. College was where I first honed my bad money habits. And apparently, it’s where many others do the same. See,… Read More »
Bankruptcy Can Relieve the Debt You’ve Been Carrying Since College
Colleges hold your future (and your tuition) in their hands, so you’d think they’d have your best interest in mind, right? Surprisingly, no. College is where many people – yours truly included – start the downward spiral into credit card debt. Banks set up recruiting stations on campus to entice students to sign up for… Read More »