By admin on December 12, 2011
The consensus of most honest financial advisors is that debt is a disease. An ongoing radio commercial announced that credit card debt is the third largest debt growth area amongst Americans. It states that the average credit card debt is $10,000. Apparently Americans have a serious disease and it is not getting better. Some advertisements [...]
Posted in General Information | Tagged a, bad, can, card, credit, improve
By admin on December 10, 2011
If you read the newspapers, it’s hard to avoid the pundits of doom. We’ve become a nation of debtors, they say, and the road to the debtors prison is paved with plastic. Credit card debt is at an all time high, and we’re sinking further and further behind.
Is it really true, though? The statistics flung [...]
Posted in General Information | Tagged all, an, at, card, credit, debt, high, in, is, the, time, uk
By admin on December 10, 2011
Finance experts often give conflicting advice, but there’s one bit of advice that most agree upon. If you use credit cards, you should watch which one you use for which type of purpose. The one that you use to pay for your day to day expenses is not necessarily the best card to use for [...]
Posted in General Information | Tagged best, card, credit, expensive, for, purchases, the, type, whats
By admin on December 10, 2011
Finance experts often give conflicting advice, but there’s one bit of advice that most agree upon. If you use credit cards, you should watch which one you use for which type of purpose. The one that you use to pay for your day to day expenses is not necessarily the best card to use for [...]
Posted in General Information | Tagged best, card, credit, expensive, for, purchases, the, type, whats
By admin on November 22, 2011
Two financial phenomena have taken place in the UK over the last decade. On the one hand, we have increasing become a nation of debtors, running up trillions of pounds in short-term debt. On the other hand, house value have increased exponentially during this period and many of us now have massive amounts [...]
Posted in General Information | Tagged a, card, credit, debt, equity, home, line, of, repay, to, using