Saturday, November 18th, 2017

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Tag Archives: credit card debt

Young Entrepreneur’s Guide to Credit Cards, Part 2

In part 1, I discussed setting up your business to do e-commerce and accepting credit card payments. In this installment, I’ll discuss personal and business credit cards for the young entrepreneur. For some, “credit card” is like a bad word. For the young entrepreneur, it’s a necessity. Without a credit card, you have to siphon […]

Student Loans Exceed Total Credit Card Debt

New figures from reveal that in aggregate, Americans owe more money in federal and private student loans than they do in revolving credit, reports the Wall Street Journal. The Federal Reserve says that Americans owe a total of $826.5 billion in revolving credit debt, most of which is on credit cards. Outstanding student loans, meanwhile, […]

Plastic Pay Down Continues in May

If there’s one lesson the recession may have taught you, it’s that avoiding credit may be one of the best courses of action. The urge to take out a card and buy whatever you want is pretty easy, especially before that bill comes in the mail at the end of the month. Many people may […]

Getting Out Of Debt: Know Your Alternatives

If your monthly debt payments, excluding mortgage or rent, exceed 20% of your income, your debts are a serious problem – some basic alternatives for getting out of debt.