Category Archives: Consumer Spending
How Store Credit Cards Can Hurt Your Finances
It takes more than a budget to shop smart this holiday season – it takes open eyes. Stores everywhere are offering discounts for opening credit card accounts. For instance, they’ll knock 15% off your purchases when you sign up. At first glance, it seems like a bargain. Hey, you’ve got to buy gifts anyway -… Read More »
Credit Card “Deals” That Can Cost You Money
Sometimes paying more actually means paying less. Confused? Let’s say you’re out doing some holiday shopping when the sales clerk tells you that you could save 15% just by opening a credit card account with that particular store. You figure that you’re buying the goods anyway, why not get a healthy discount? So you sign… Read More »
Atlanta Bankruptcy Attorneys Find That Less Credit Can Help You Keep More Money
Imagine this: Just when you thought money couldn’t get much tighter, you receive a notice from your credit card company – they’re lowering your lifeline, i.e. your credit limit, even though you’ve been working your butt off to get a good credit score. Sound like a bad dream? It’s not. At least 33 percent of… Read More »
Chicago Bankruptcy Lawyers See the Benefit in Lower Credit Card Limits
It’s kind of ironic. It was too much credit that got us into this financial mess – now too little credit might be making it difficult to get out. A FICO study found that 33 percent of Americans – including those of us who haven’t done anything to negatively affect our credit — saw our… Read More »
The Expensive Truth Behind Prepaid Debit Cards
It sounds too good to be true. You don’t need a bank account. You don’t need a good credit score. You just load your paycheck onto a pre-paid debit card, and you can pay without the hassles of a credit card or the inconvenience of cash. You’ve probably started to see pre-paid debit cards in… Read More »