The average American has more than $9,000 in credit card debt. While having a credit card isn’t a bad thing, letting credit card debt pile up over time can place an enormous strain on your finances. Take a look at the articles, Q&A’s, blog posts and videos we have linked to this topic for ideas on how to handle credit card debt and your personal finances.
How Can I Help My Adult Child Get Out of Debt?
I have counseled numerous families on how to manage their finances, and there’s been a common issue among many: how to best help an adult child with his or her financial issues, from struggling to make mortgage payments to managing overwhelming credit card and student loan debt. Adults face a tough job market today—even with [...]
Ilyce Glink on WSB Radio – December 23, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. She discussed the economy, shopping, and a new scary credit card scam that has made its way to Atlanta. The revised GDP numbers are in and they stink: The economy contracted this summer. The fall quarter's numbers probably won't be any better. New home sales also fell by more than 35 percent 2007 to 2008. It looks like just 400,000 new homes will be sold in 2008 -- by far the worst number since Ilyce began writing about housing 20 years ago. She took a call from Edwin who asked about funding resources for small businesses. You can download the podcast here or at iTunes.com. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog . Sign up for Ilyce's free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. Subscribe to her YouTube channel: www.youtube.com/expertrealestatetips and friend her to be notified about new videos.
Credit Card Debt Balance Transfer
If you currently have a credit card with debt and a high interest rate, consider transferring the balance to a lower-interest credit card. Transferring your credit card debt will help you pay off your debt quicker, improve your credit history and increase your credit score. But remember to double-check that your entire balance has been completely cleared after transferring your credit card debt to a new card.
Cyber Monday Deals: How to Find Them
Tomorrow is Cyber Monday, where everyone goes back to work after the Thanksgiving holiday and begins shopping online (instead of working perhaps?). If...
Ilyce Glink on WSB Radio – November 28, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. It was Black Friday (or "bleak Friday," as the Wall Street Journal termed it), and she did her annual Deals of the Day show. She discussed what some people were looking for and put up deals at her blog. She also talked about the three car manufacturers in Detroit and how the president of Ford so far hasn't taken a paycut, despite earning more than $21 million last year. She also talked about consumer spending and how it plunged in October. Check writing scams are on the rise, according to the FBI, and Ilyce ran down how these scams typically work and what to watch out for. She answered calls about bad-apple scooter dealers, credit card interest rates, credit scores, whether it's worth an extra $40,000 to go to a brand-name school over a state school, balance transfers, inheritances, annuities, buying a house with zero down, and whether a credit card purchase would tank a credit score. To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. Subscribe to her YouTube channel: www.youtube.com/expertrealestatetips and friend her to be notified about new videos.
Today on the Ilyce Glink Show: November 16, 2008
Only about 10 days until Thanksgiving. Here's where you can find my www.thinkglink.com/labels/Turkey%20Recipe.html Today on the show, we're going to ...
Ilyce Glink on WSB Radio – September 9, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. She discussed the drop in mortgage interest rates and whether now is a good time to refinance. Ilyce also talked about the stock market decline and the disappointing housing numbers causing the sell-off on Wall Street. She took calls about title insurance, streamline refinancing of a loan, identity theft, foreclosures, debt collectors, medical debts, fake check scams, inherited real estate, credit card debts, and creditkarma.com. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Information From Today’s Ilyce Glink Show – August 31, 2008
Today on the Ilyce Glink Show, we talked about Integrity Bank, the Alpharetta, Ga.-based bank that failed on Friday. It was the 10th bank to fail this...
Ilyce Glink on WSB Radio – August 31, 2008
Today on the Ilyce Glink Show, Ilyce talked about Integrity Bank, the Alpharetta, Ga.-based bank that failed on Friday. It was the 10th bank to fail this year. Regions Financial Corp has assumed the assets of Integrity Bank and all of its 5 branches will reopen on Tuesday as Regions Bank branches, according to the FDIC. Ilyce answered questions about CDs held by Integrity and also how to find out ratings information on banks. She also talked about the skyrocketing numbers of mortgage loan fraud that took place in the second quarter of the year, and answered questions on credit card debt charged up by an ex-spouse, whether it's a good idea to finance the purchase of a new car using a check from a credit card company, how to calculate the profit from the sale of a personal residence, whether "subject to" contracts are a good idea, whether a VA loan is better than a conventional mortgage and how to talk to a 93-year-old dad about his assets. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Consumer Bankruptcy Filings Rise By Nearly 30 Percent
During the first half of 2008, ending June 30, the number of consumer bankruptcies filed rose by 28.8 percent compared with the first half of 2007, re...