Are Prepaid Credit Cards Sending Teens The Wrong Message About Money?

With the passing of the Credit Card Act, it became a lot more difficult for banks to market credit cards to college students under 21; but now they've got a new target audience - teens. The credit card industry has rolled out an aggressive campaign to hook teens with prepaid credit cards, promoting it as [...]

By |2018-11-19T22:22:58-06:00October 17th, 2010|Uncategorized|Comments Off on Are Prepaid Credit Cards Sending Teens The Wrong Message About Money?

New Utility Rule Impacts Struggling Debtors

The Public Utility Commission just approved a rule that would allow electricity providers to prevent a consumer from switching companies if they fail to pay their bill. The new rule will only apply to consumers who are on a payment plan for their electricity bill. However, people who are struggling with debt and considering bankruptcy [...]

By |2018-11-09T17:03:39-06:00October 9th, 2010|Uncategorized|Comments Off on New Utility Rule Impacts Struggling Debtors

Why Parents Should Not Financially Sacrifice Themselves For Their Adult Children

Election time is here again, which means that proverbial "dirt digging" is back in fashion for every politician out there, left, right and center. One such "dirt digging" campaign is getting a lot of attention. The case of Nathan Deal who is running for governor in Georgia is being branded with the big "B" which [...]

By |2018-11-16T23:39:45-06:00September 25th, 2010|Uncategorized|Comments Off on Why Parents Should Not Financially Sacrifice Themselves For Their Adult Children

Texas Resources For The Newly Impoverished

The number of Texans living in poverty increased in 2009 and the number of children dependent on Medicaid also increase. An estimated 428,000 Texans fell into poverty last year, bringing the total to 4.26 million, or 17.3 percent of the state's population. That compared with 15.9 percent in 2008. A family of four is below [...]

By |2018-11-19T22:35:59-06:00September 20th, 2010|Uncategorized|Comments Off on Texas Resources For The Newly Impoverished

4 Ways To Prevent Post-Marital Financial Blues

We've spoken briefly about bankruptcy and marriage; but how do you reduce your chances of experiencing the type of financial mistakes that could send your newly formed family to the bankruptcy court? Tips on preventing post-marital financial blues: Consider maintaining a separate savings account for personal spending and a joint bank account for the expenses [...]

By |2018-11-19T22:23:40-06:00September 19th, 2010|Uncategorized|Comments Off on 4 Ways To Prevent Post-Marital Financial Blues

Making The Case Against Prepaid Debit Cards

Prepaid debit cards are gaining popularity as the desire for unsecured credit cards decline. But are prepaid debit cards such a great idea for the average consumer? Prepaid credit cards work in much the same way as a traditional debit cards except that it is not attached to a checking account and comes with a [...]

By |2018-11-19T20:50:24-06:00September 18th, 2010|Uncategorized|Comments Off on Making The Case Against Prepaid Debit Cards

Five Terrible Consequences Of Using Your Retirement To Pay Debt

Using Your Retirement to Pay Debt? Despite warnings from financial experts, more debtors are withdrawing money from their retirement account to pay off debt and avoid bankruptcy. But early withdrawal of money from a retirement account, even if it is in the form of a loan, can have terrible consequences for the debtor. Below are [...]

By |2018-11-19T21:48:02-06:00September 12th, 2010|Uncategorized|Comments Off on Five Terrible Consequences Of Using Your Retirement To Pay Debt

Three Things You Must Do If You Have Defaulted On Debt

Being in debt can be stressful and overwhelming; but no matter how much you are tempted to ignore the problem, you must be proactive. Below are three things you must to if you have defaulted on your debt: Read the notices you receive from your creditors. Even if you know you can't make a payment, [...]

By |2018-11-19T22:47:29-06:00August 14th, 2010|Uncategorized|Comments Off on Three Things You Must Do If You Have Defaulted On Debt

Credit Card Reform: The Good, The Bad and The Ugly

No one can argue that credit card reform has brought many improvements for consumers; but there have also been some unintended negative consequences for clamping down on credit card companies' questionable policies and tactics. First, let's take a look at the good: Credit card consumers are no longer surprised by sudden changes to the terms [...]

By |2018-11-19T22:23:50-06:00August 10th, 2010|Uncategorized|Comments Off on Credit Card Reform: The Good, The Bad and The Ugly

Debtor Beware: More Dirty Credit Card Tricks

The Credit Card Act is officially rolled out and many debtors are reaping the benefits; but credit card companies are not taking their loss of revenue lightly. Many are getting sneakier than ever and trying to hit consumers where it hurts the most - in their wallets. Credit card tricks debtors need to be aware [...]

By |2018-11-19T21:51:03-06:00August 9th, 2010|Uncategorized|Comments Off on Debtor Beware: More Dirty Credit Card Tricks
Go to Top