Credit Cards
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How to Pay Off Your Credit Card Debt Faster
Here are some helpful tricks you can use to pay off your credit card debt faster. A recent study conducted by Money on how the coronavirus pandemic is changing the credit card habits of Americans shows that 70% of them do not plan to cancel or close their credit cards and 38% say the credit card is the only way…
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How to Pay Off Credit Card Debt in 6 Simple Steps
It’s time to pay off credit card debt. In this article, I’ll provide six simple steps to help you to get your balance from insurmountable to zero. Our relationship with credit cards starts with the best intention. We never plan to carry a balance from month to month. With the best intentions, things still happen and a relatively small balance…
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5 Reasons Why Your Credit Card Application was Denied
You might excitedly submit a credit card application, only to be disappointed when your credit card application was denied. Denials are nothing new — as a matter of fact, 13% of Americans have had a credit card application rejected in the past 12 months, according to Next Gen Personal Finance. This might not be a crazy high percentage, but it underscores an important fact…
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Which Credit Card Is Right for Your Wallet?
It’s important to know which credit card is right for your lifestyle. You might think it doesn’t matter which type of credit card you carry in your wallet, but most credit cards cater to a particular spender. The credit card you choose can say a lot about your spending habits, and choosing the wrong credit card can be financially detrimental.…
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4 Things to Never Charge to a Credit Card
Credit is a tool but here’s things to never charge to a credit card for better peace of mind and financial wellbeing. Did you know that the average credit card debt of U.S. families is $6,270? That’s according to the most recent data from the Federal Reserve’s Survey of Consumer Finances. On average, we carry a ton of credit card debt.…
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Habits of People Who Never Have Credit Card Debt
Since most of us aren’t rich, we have to get loans to buy a house, a car or complete an education. And because we often rely on financing to accomplish goals, some people have the attitude that debt–regardless of the type–is a normal part of life. Not only do they acquire loans, but they also rack up a lot of…
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How to Eliminate Credit Card Debt (10 Ideas)
Credit cards are useful financial tools but can get out of control with uncontrolled usage. What may seem to have been a small manageable balance has ballooned to stressful amount. If you have credit card debt and want to pay them off quickly, try these methods to have the balances eliminated. Stop spending What often derails debt-free seekers is continuing to spend at…
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Debt Snowball or Debt Avalanche: Which Debt Elimination Method is Best?
For a long time, people would tell me how there were two types of debt – good and bad. The good debt was a mortgage or maybe even a car loan (because I would need it to get to and from work). Bad debt was from credit cards. I learned a secret a few years ago that there is no…
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How to Apply for a Credit Card Hardship Program
Are you experiencing financial hardship? If you’re feeling the strain during the pandemic, many credit card companies offer hardship programs to help their customers. However, these programs require the credit card holder to initiate the request. Table of contentsWhat is a credit card hardship program?How Credit Card Hardship Program WorksHow to enroll in a credit card hardship programKnow the program…
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How to Get Your First Credit Card
It can be difficult to get your first credit card if you do not have an established credit history. You might be wondering how you can establish credit if no creditor is willing to give you credit in the first place. It’s frustrating. In an ideal world, I would tell you credit is unnecessary but it would be foolish of…
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