Successfully Managing Your Credit

The easiest way to fall into the bottomless pit that is debt is by not knowing how to manage your credit successfully. Credit cards are not given to only those with financial savvy and they don’t come with an instruction manual on how to use them. The average American has anywhere from five to eight credit cards and can carry a debt of more than $20,000, and for some the number is even higher. Learning the ins and outs of credit management may save you from a bleak financial future and thrust...
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7 Stupid Strategies for Credit Card Consumerism

Consumers in the United States are leading the charge in the worldwide explosion of credit card debt; the total debt of American citizens alone is drawing ever closer to the vaunted trillion dollar mark. It takes some exceptionally irresponsible behavior to accumulate such impressive statistics, but there are a number of tried and true methods that can help you add your own two cents (or ten thousand dollars) to this historic effort. Just follow these seven simple guidelines to credit card use...
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Kids and Credit Cards

A recent study by the Credit Abuse Resistance Education (CARE) program showed the number of 18- to 24-year-olds declaring bankruptcy has increased 96 percent in the last ten years. Credit payment problems are one of the key reasons younger people file for bankruptcy. According to the CARE report, Bad credit can negatively affect teens in the future -- their ability to get a job, a loan, basic insurance or even an apartment. According to a Teens and Personal Finance poll conducted by Junior...
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