I just read an article on Yahoo Finance "7 ways to be Credit-Stupid". Well, #1 was "Close Credit Card Accounts" and #2 was "Let Credit Cards Collect Dust." Has anyone else heard that it is actually bad for your credit score to pay off your credit cards and close the accounts? Or [...]
I am a senior in college, I have no job now as I am finishing school. I start work in June, and I actually have good credit, over 700, and 5k in credit card debt. I’ve paid my bill in full always in the past until my last killer spring break. Debt settlement sounds cool [...]
After spending 4 years at a school like that, how do you cut down debt? How do you even live, since you are considered financially independent… How much debt do you accumulate and how long does it take to pay off?
i have large 10% balances and smaller balances on store credit cards w/ higher interest rates, i would like to make eliminating this debt a priority, but which cards should i pay off first?
A look at the effect of having two much debt domestically and internationally. Domestically debt in a declining economy becomes very hard to pay off because of a lack of income. Internationally this debt represents savings that was borrowed but will never get paid back. This “default” could create a crisis in confidence. Thanks for [...]
To live more frugally and cut expenses, avoid buying luxury items, cut back on eating out, buy store brand products, use regular gas instead of high-test gas and mend your own clothes. Be creative to cut expenses withhelp from a registered financial consultant in this free video on money management. Expert: Patrick Munro Contact: www.northstarnavigator.com [...]
