Category Archives: Credit Card Debt
Take a Bankruptcy Cue From the Chicago Cubs
While once upon a time a bankruptcy filing might have meant embarrassment and shame, now it means something else – a fresh start. Those who file for bankruptcy today are intelligent, responsible – heck, they’re even famous. In case you need more proof that the stigma is finally fading, here it is – even the… 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 »
Don’t Follow the Crowd When It Comes to Your Finances
When I was a kid, I based a lot of decisions on what my friends thought was cool. If they were on the softball team, I wanted to be on the softball team. If they were dying their hair pink and wearing pleather pants, I became an unfortunate victim of fashion right alongside them. My… Read More »
More Credit Card Issuers Are Switching to Variable Rates In Anticipation of New Law
There’s a new law to protect consumers on the horizon – and credit card companies aren’t exactly taking it sitting down. In anticipation of next year’s Credit Card Accountability Responsibility and Disclosure Act – which aims to end hidden fees and unfair term changes – credit card issuers are looking for last-minute ways to squeeze… Read More »
Keep Your Credit Cards Out of Sight to Save Money, Suggest Chicago Bankruptcy Lawyers
Some people have coin collections. Others collect baseball cards. Some folks, like my boyfriend, collect guitars. I happen to have a credit card collection. Fortunately, I haven’t opened any new accounts lately – I know better. But once upon a time, I was clueless. If a store offered a 15 percent discount or members rewards… Read More »