Tag "personal finances"
Tweet Many of us live paycheck-to-paycheck in these uncertain times. It can be hard to save up money when you’re trying to pay rent or buy groceries. However, these days,
If you haven’t checked your banking statements lately, you may be in for a surprise. Monthly checking account fees. An annual credit card fee. Regular savings account maintenance fees.
Finances can be one of the most difficult areas to work through when life seriously challenges you. You might have to make some tough choices that are uncomfortable but will be of the most benefit to you in your individual circumstances.
If you owe a debt and have fallen behind on your payments, you may find that a debt collector has been enlisted in a bid to collect what is owed. Your creditor may turn to a collector if its own efforts have failed, a common practice with unsecured debt such as credit card accounts and other consumer accounts.
More than five years have passed since the economy tanked and credit is once again easy to get and just as easy to abuse. What is not so easy is getting out of debt, especially for consumers with restricted income and the attendant limited options.
When shopping for a new credit card, know that your application will receive thorough scrutiny. Don’t be fooled by the 60-second response deals — you will get your answer fast because your information is pulled, reviewed and scored by computers.
Scores of companies want your business, enterprises that have been established to help consumers fix their credit. Such credit assistance companies can be beneficial for consumers that do not have the knowledge or time to manage their personal credit problems.