Credit Cards

What Are the Pros and Cons of a Debt Reduction Plan

Debt Reduction Counseling and Credit Rating

Debt reduction is something we may have to face at some time in our lives. Some people may have overspent and others may have had a period of unemployment or underemployment that caused them to over extend on their credit cards. Medical expenses have also caused people to incur more debt that they can handle.

If you are in the situation where you need to reduce debt here are the basic option available otherwise known as debt solutions. Debt solutions are process where we can pay off these debts completely instead of declaring bankruptcy which is harder to do than it used to be. There are usally two kinds of debt solutions. One is a debt settlement plan and the other is credit counseling programs.

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Posted by Madelaine - January 30, 2012 at 11:51 pm

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Journey into Frugal Living Made Easy

Everyday Cheapskate

Cheapskate Living Baby Steps!

At first when you hear the phrase frugal living it sounds like you have to start reusing your aluminum foil over and over again or living on macaroni and cheese like you did when you were younger.

You think it is just a nice way of saying you don’t make enough money. Believe me, I have been there. Actually though frugal living means something completely different. Not like the Monty Python and now for something completely different but a more peaceful way to live. There are many wealthy people who engage in frugal living and it is probably one of the reasons they are wealthy.

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Posted by Madelaine - January 7, 2012 at 6:27 pm

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Are Prepaid Credit Cards Reloadable Online

Phishing is the Method of Online Identity Theft

As you may already know, online shopping while incredibly inconvenient can leave your vulnerable to credit card fraud. Here are some easy steps you can take to protect your bank account during the holiday season and all year round.

1. First Line of Defense

It is a pain to come with strong unique passwords but they are your first line of defense against hackers. Most people don’t bother to do this. The cybersecurity firm Imperva examined 32 million passwords exposed in a breach last year and found that the most commonly used password was “123456,” followed by “12345.”

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Posted by Joy - December 6, 2011 at 4:34 am

Categories: Credit Cards, Finance, Saving Money   Tags:

Holiday Shopping Dangers

Why Do Credit Card Companies Offer Incentives or Rewards to Use Their Cards?

With the holiday season upon us, card issuers are offering big sign-on bonuses and rewards that they say will save you money. Beware though you might end up paying more than expected if you don’t read the fine print. Here are some things to watch out for:

1. The sign-on bonus

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Posted by Madelaine - November 27, 2011 at 2:11 am

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