Tag: Debt

  • The Future of Credit: Who Will They Lend Money To?

    OK, this one is going to take a little explaining first. A short time ago I merged this blog with another one. In order to ease the process of merging the two I decided to let most of the original content on this blog be deleted and replaced with content from the other blog, which…

  • Credit Counselors Who Can’t Pay Their Own Credit Card Bills?

    With the sad state if the economy these days, I’m seeing my share of ads on TV and online that tout the benefits of credit counseling services. I don’t know a whole lot about that industry, but I presume their stated intent is to assist consumers who want to reduce their debt and learn how…

  • Closing Credit Card Account May Damage Your FICO Score

    Now here’s something I had never heard of before. Who would have imagined that closing a credit card account could have a negative impact on your credit score? One would think it would be a positive move, since you certainly would not be using that card to rack up more debt. But, like the Wall…