Category: Credit Cards

Consequences of Late Credit Card Payment

Having a credit card can be convenient, but it comes with its share of pitfalls. You can’t be naive regarding matters related to its usage, as late payment can...

Statute of Limitations on Credit Card Debt

A ‘statute’ is basically an act that has been passed by a legislative assembly or a body. Statute of limitations for different events that either come under...

Credit Card Debt Settlement Pros and Cons

Usually, any type of debt is a headache, be it a credit card debt or any other! The fact, that your financial health is also not sound, affects your mental peace....

Credit Card Debt Negotiation Tips

Each individual has his or her own reasons for accumulating debt. Some may have been out of employment, while others may have made haphazard expenditures and showed the...

How to Negotiate with Credit Card Companies

Consumers may be interested in negotiating with credit card companies for the sake of reducing credit card debt, or to reduce the interest charged on the balance that is...

How does Credit Card Debt Forgiveness Work

Though the economy is beginning to stir and the recession seems a thing of the past, there are many sectors that are still reeling under the effects of the slump. Many...

Tips on Credit Card Debt Consolidation

Mounting credit card debt is never desirable. A person should be able to pay at least the minimum balance. Missing even a couple of payments will result in increasing...

Credit Score Ratings and What They Mean

With the widespread use of credit cards and loans, lenders and companies began to search for a method to ascertaining the risk involved in lending a particular loan or...

Credit Score Scale

The credit score is a derivation of credit ratings, history, and reports. These three parameters are considered while calculating a persons credit score. Credit...

What is a Bad Credit Score?

Credit report means an individual’s history of borrowing making payments. It also includes all your financial information, late payments that you may have made,...