Category: Credit Card Debt
Credit card debt: Awareness of interest rates could be key
Many individuals in Tennessee and elsewhere may feel that paying the minimum due on credit accounts is enough to stave off financial troubles. However, with the average interest rates coming in at just under 17 percent, a similar decision could leave a person paying down credit card debt for extended periods. Recent studies even suggest
SEND US A MESSAGE Mixing medical and credit card debt is never advisable
Many individuals in Tennessee and elsewhere have experienced an unexpected medical emergency at some point in life. With the high costs of treatment, a similar event can be financially draining and can leave a person in search of relief through a variety of outlets. Some may even feel that paying the bill with a credit
Considering one’s options when dealing with credit card debt
Consumers in Tennessee and elsewhere may be using credit accounts to fund a variety of financial endeavors. As credit card debt is on the rise across the nation, many individuals may be experiencing the stress of dealing with substantial financial burdens. While addressing monetary concerns can be an intimidating prospect, it may also be necessary,
High interest rates could lead to extensive credit card debt
Credit card companies may offer a variety of incentives and rewards programs to potential customers. Individuals in Tennessee could use these accounts for financial assistance and to help build their credit score. However, it is generally advisable to proceed with caution when carrying a balance, as high interest rates and extensive late fees and penalties
Keeping credit card debt from becoming an issue
Many individuals in Tennessee and elsewhere use credit cards to fund a variety of purchases. Placing certain items on a credit card might not cause a person to experience monetary hardships, and in some cases, using similar accounts can be a healthy financial decision. Those who wish to protect their financial futures from harm may
Seeking advice on how to handle credit card debt in Tennessee
Whether for assistance in keeping up with everyday expenses, or to help fund a special occasion, many individuals in Tennessee and elsewhere may turn to credit cards in times of need. While the relief provided by such accounts may be immediate, they may also only act as a short term fix to one’s issues and
4th quarter spending may leave many with credit card debt
There are a variety of circumstances in which a person in Tennessee may experience the burdens of dealing with substantial amounts of debt. However, certain areas tend to be more troublesome than others, and many individuals have faced financial struggles due to credit card debt. With reports suggesting that individuals across the nation piled on
Credit card debt likely to increase as interests rates rise
Many people in Tennessee and elsewhere carry balances on their credit cards from one month to the next. Although credit cards offer a convenient form of payment, consumers who do not pay their balances in full each month incur additional credit card debt through the high interest rates many cards charge. Now, the federal government
Credit card debt preventing many from saving money
For many Tennessee residents and others around the nation, it is difficult to save money for future needs. Those in the financial industry urge consumers to save for their retirements and for emergency needs as well. Unfortunately, those who have incurred a substantial amount of credit card debt are unable to put aside money for
Develop a plan to reduce credit card debt
The nation’s economy has recently been moving in a positive direction. This is a good sign for many Tennessee residents. However, there are many consumers throughout the country that continue to be burdened with substantial credit card debt. Reports from a lending exchange company show that over 40 percent of those with debt from credit