According to a recent survey, Americans on average picked up $1,054 in debts related to their holiday spending this season. Of this debt, over two-thirds of the people survey said they used a credit card to finance it.Additionally, more than 15 percent of those...
Credit Card Debt
Black Friday scary prospect for those in credit card debt
What started as a fun family tradition of going shopping on that extra day off after the Thanksgiving holiday has become an all out shopping extravaganza. Some may still love Black Friday for the deals people can get in the check out lines, while others have grown...
Controlling credit card debt through bankruptcy
A previous post on this blog discussed how easily Bradley County, Tennessee residents can find themselves struggling against mounting credit card debt. As the previous post mentioned, problems with credit debt do not just afflict people who have difficulty with...
What is causing credit card debt and how does one control it?
As this blog has reported previously, many people throughout the country, including Bradley County and the communities of southeastern Tennessee, are still drowning in credit card debt.Contrary to a popular misconception, people don't always rack up credit debt on big...
Credit card debt reaches record levels
Credit card debt in the United States is on the rise again, and Americans have even broken their previous record, set in 2008, of $1.02 trillion in revolving debt, which includes credit card debt and other charge accounts. The new record, set in early August, is...
Before signing up for the credit card promo, check the fine print
Many residents of Bradley County no doubt go shopping in Cleveland or in nearby Chattanooga. When they get to the checkout line, they may be offered a store credit card that includes a discount or a wonderful deal too hard to pass up. Others may get special offers...
Options to help with medical debt and credit card debt
For individuals who are struggling with medical debt and oftentimes related credit card debt, there may be options to consider to help enjoy a fresh financial start and be free of the stress associated with overwhelming debt. Sometimes a vicious cycle of medical debt...
Actor sued over overwhelming credit card debt
Though Tennessee residents may recognize him from a string of successful sitcoms and his starring roles in some big budget Hollywood films, Charlie Sheen has recently been in the news for a slew of reasons unrelated to his acting. News about his health has made...
Will my credit card company punish me for carrying debt?
Credit card debt occurs when an individual fails to pay off the person's balance in full and carries over owed money to subsequent credit card bills. When a person cannot pay down this credit card debt it can become a difficult financial obligation to manage. One way...
Don’t let credit card debt become a lingering burden
There comes a time in many people's lives when they receive bills they are not prepared to pay. For individuals living throughout Cleveland, those bills can be for medical services, educational tuition, mortgage payments, or credit card balances. While many lenders...
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