Credit Card Consolidation Articles
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Date Submitted: 9th of January 2008 |
| Ok, let’s face it, everybody hates high credit card rates, and
they drain hard earned money out of your wallet. As a valued
consumer, it is apparent that you learn how to negotiate to get
the absolute best rate that you possibly can. The good news
however is that it doesn’t have to be a difficult or
time-consuming process. In fact, it can be very easy indeed if
you know what you’re doing. |
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Date Submitted: 23rd of April 2006 |
| While we rarely think of credit cards as being in line with alcohol, smoking, and drugs, they can be just as addictive. That’s especially true in the US, where any college student is bombarded with credit cards, and people already in debt regularly receive “pre-approved” credit card offers in the mail. Many people have come to rely on credit cards, not as a privilege, but as one of life’s necessities. They won’t leave the house without a credit card (or two or three), and many people wouldn’t even dream of shopping with only their available cash anymore. These are signs of credit card addiction. If this sounds like you, follow this five-step program to help you beat it. |
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Date Submitted: 20th of March 2006 |
| People go into debt for a lot of reasons. Maybe you purchased a new home or car that was above your means, and now you’re struggling to pay it off. Perhaps you lost your job, and ran up your credit card bills on necessities. Perhaps you got into debt through gambling. The reasons for being in debt are as unique as the people suffering from debt. The key is in knowing when your debt has simply piled too high, and then being able to make an action plan to reduce or consolidate your debt. Here are ten warning signs that you may be in too much debt: |
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Date Submitted: 30th of May 2005 |
| The average American household has nearly $10,000 in credit card
debt, and many people are only able to make the minimum payment
of 2% of the balance. Even 2% is $200, and by paying the minimum
payment, you could be paying on the balance for decades before
you finally pay it off. Since new legislation will make it more
difficult to file for bankruptcy, it may occur to savvy debtors
to try to negotiate a better deal with their credit card company
in order to make it easier to pay off the balance. Is this
possible? |
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Date Submitted: 30th of May 2005 |
| Credit card debt is a growing sickness in the United States and
Europe. It is very important to eliminate debt and take control
of your financial health. |
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Date Submitted: 30th of May 2005 |
| Credit card consolidation is a popular solution for those with significant credit card debt, usually distributed on three or four different cards. Basically, this means putting all your debts together on a single card, like transferring it all to one loan. Of course, the goal is to pick a card that offers better conditions than what you already have, in order not only to simplify, but also to reduce your payments. |
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Date Submitted: 30th of May 2005 |
| "I think money was stolen from my card" or "I might have
blocked my card in the ATM" - these are frequent problems that
bank customer-support officers usually hear from agitated
clients. Incorrect use of credit cards or wrong interpretations
of their functions are frequent even after tens of years of
credit-card extensive use. |
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Date Submitted: 25th of January 2005 |
| We have all heard countless stories of people over their heads
with credit card debt-maxing out every card they own, then only
being able to afford the minimum monthly payment. High interest
payments shackle people to their debt for years, not to mention
the significant income drain the finance charges have on their
families. |
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Date Submitted: 25th of January 2005 |
| Have you ever wondered how much money a credit card company
makes? Have you ever wondered how much of that comes from late
fees? Everyone has and if you haven’t you should because most
likely you own a credit card, which means that these late fees
has or could directly affect you. |
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Date Submitted: 17th of January 2005 |
| As we all know credit card debt is out of control.
The credit card debt is currently $8400 per household
at an average annual percentage rate of 14.7 percent.
In fact, about 18% of all consumer spending is on credit
cards and is expected to reach 30% by 2006. |
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Date Submitted: 27th of December 2004 |
| The little disease that comes with those credit cards. Oh yes,
we all get it in the mail, all those offers to get a credit
card. |
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