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Posts Tagged ‘credit card debt’

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How should I pay off my credit card debt when I just received a lump sum of money?

By on Monday, September 5th, 2011 | 6 Comments

I recently received a good amount of money from a work related injury and now have the opportunity to pay off the ,000 of credit card debt I now have in collections. Should I just pay the complete amount I owe or should I settle with the credit card company to pay only 25% of [...]

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What is a really good credit card consolidation company?

By on Monday, July 18th, 2011 | 2 Comments

I have about 6000 dollars in credit card debt and high intrest rates, does anyone know of a good credit card consolidation company? One that does not charge huge fees? I know there would be some fee’s for this service, just need some good advice please help! Related Credit Card Sites

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What if Obama decided to make credit cards illegal?

By on Sunday, July 17th, 2011 | 5 Comments

He could put a moritorium on current cards – so no one could charge on them from now on. There – solution to all the credit card debt in America. Easy cheasy. Solution in one simple wave of the wand. To rent cars – people will just have to have high balances on their checking [...]

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Who is responsible for credit card debt if somebody dies? Or does the company eat it?

By on Tuesday, July 12th, 2011 | 6 Comments

Say somebody has X amount of credit card debt, then they die but still have that debt to the credit card company outstanding, what happens? Does the company have to write it off as bad debt or ? Perhaps the company can hit up that person’s estate. But let me pose another question then – [...]

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Will moving credit from my credit cards to my Home Equity improve my credit score?

By on Thursday, July 7th, 2011 | 6 Comments

I have 40,000 in Credit Card debt. I own my house outright. If I get a Home Equity Loan and move this credit from my cards to the HELOC will it improve my credit score or will it basically stay the same? Related Credit Card Sites

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