Consumers are assailed not only by the marketing pitches of retailers but the echo of the credit card issuers urging immediate gratification of your purchasing itch. How I loathe the line ” Discover, when life can’t wait”. Seems kinda unfair, when two giants pair up to persuade us, willy nilly, to buy something more. Something…
Category Archives: Debt and Credit
Be A Deadbeat – And Like It
Don’t use credit for credit’s sake. Pay cash or don’t buy. How to start saving for emergencies and build your funds into something meaningful.
Creditors Worthy of Fear
The noisiest creditors, those collectors who call incessantly, are vocal because they have few weapons to make you pay any time soon. The big dogs, so to speak, don’t call because they have access to your bank account without resort to the courts. Bank robbery? Who are these guys? The IRS and your very own…
3 Weapons of a Debt Collector
More than illness, poverty, or public speaking, people in debt fear the debt collector and the collection call. All too many families continue to make payments on unsecured credit card debts, not to further a well-thought out plan to get out of debt, but just to keep the collectors off the phone. From a legal…
Credit Scores Rebound
Your credit score does not matter in the big picture, as Gene Melchionne said here, but further: your credit score is not like virginity: once lost, gone forever. A credit score can be rebuilt, over time. The important point is not to sacrifice your balance sheet and your fundamental economic health to fixation on a…
Why Your Credit Score Doesn’t Matter
A credit score only says how you handle your debt and how much more debt you can take on without risk. It does nothing to help you pay off bills and become debt-free.