What should you know about the business practices of credit card companies? How do credit card companies change credit card limits? What reasons do credit card companies give for changing credit card limits? How can you protect yourself when using a credit card? Learn more here about credit cards and your personal finance.
Paying Expenses After A Spouse’s Death
When your spouse dies with credit card debt, is it your responsibility to pay it off? It depends on whether the person who died had an estate with money to pay off the credit cards. If the deceased did not have an estate to pay off the debt it may fall to the spouse, depending on whose name was on the credit cards.
How Much Do You Owe On Your Credit Cards?
Here's the heart-stopping figure of the month: $9,300. That's how much the average family carries in credit card debts. Ten years ago, the amount of d...
In-Laws Headed For Bankruptcy Court
What can you do when a family member's finances are out of control? Sitting down and discussing numbers can help when you learn a family member has significant credit card debt and out-of-control spending habits.
Today’s Show
Robert Kiyosaki (www.richdad.com) joined us on the program today to talk about the Learning Annex's Real Estate Wealth Expo in Atlanta on May 6-7 at t...
Social Security
Here's an email I got yesterday about the Social Security Issue: I applaud you for speaking out about identity theft. Why don't you take it a step fu...
Looking For The Perfect Credit Card
According to the NPD Group, more than 60 percent of consumers look for better credit card deals each year. And this week, when credit card bills from ...
Being Wise About Inheritance
A reader has inherited money from his father and is trying to invest it wisely. Ilyce give advice on how to best put the money to use.
Credit Cards: Rising Gas Prices Can Affect Credit History
Small things like the rising costs of gas prices can affect a consumer's credit history if they start missing credit card payments. Rising gas prices may force consumers to make only the minimum payments on their credit cards or miss them altogether, which will negatively affect their credit history. Even one late payment can affect a consumer's credit score so if you have to pay cash at the pump, do so, instead of using your credit card.
Unwanted Mortgage And Credit Solicitations
According to the website PrivacyRights.org, when the Fair Credit Reporting Act was amended in 1996, it required that credit reporting bureaus provide consumers with the ability to opt out of having their names and addresses sold to credit grantors for marketing solicitations. If you don't want your personal information sold, and you'd like to cut down on the number of junk mail solicitations you receive, here's the number you can call.
Automobile Lease Affects Mortgage Loan
When you apply for a mortgage loan, the mortgage lender will look at all of your debt, including student loans and credit card debt. If you lease a company automobile and it's in your name, that could also affect your mortgage loan application. Aside from the way the company automobile may be considered part of your income, it helps to pay down credit card debt to qualify for a mortgage loan.