From the category archives:

Credit Card Debt

If I Stop Paying My Credit Card Debt, What Happens?

September 1, 2010

If you decide you should file for bankruptcy, stop making payments on your credit cards. This is one of the things I advise my clients to do when they hire me as their Orlando bankruptcy lawyer. Just the other day, before I could offer up this advice, a client inquired, “What will happen when if I don’t make credit card payments?”

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To Stop The Monetary Death Of 1000 Cuts, Consider A Credit Card Debt Relief

August 30, 2010

You know what the “Death of 1000 cuts” is right? It is actually an old form of Chinese torture where they would put a bunch of small cuts all over a person’s body so they would bleed a slow death from all of the little cuts. Apparently this is a horrible way to die, bleeding slowly.

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Do You Have Bad Credit Card Debt?

August 29, 2010

Tired of harassing phone calls from creditors? Is your current debt overwhelming you? Breathe easy, you are not alone. There are many people out there, just like you, who struggled with credit card and other debts. The good news is that there are many options to help reduce the debt, and the creditors.

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The Truth About The Americans Getting Better With Credit Card Debt

August 29, 2010

In February of this year American government and census data determined that that the average adult in America has $3,752 in revolving credit card debt. This is really a decline from July of 2009, when the average credit card debt per person was estimated at $4,013. The entire personal credit card debt of the average entire household in the United States is $7,394 down from $7,861. Seemingly the US consumers have really wised up to their credit debt spending ways.

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Credit Card Debt Statistics: Information That You Should Not Ignore

August 29, 2010

I just read some data about credit debt today that quickly blew my mind. There have been 3 things that stuck out hugely to me. First was that the average credit debt in America is $15,788. The second one could be that the average person in the America has 3.5 credit cards. The 3rd and most shocking point was that the average rate of interest was 14.99%. Whoa!

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A Number Of Thoughts On Getting Christian Debt Consolidation Loans

August 28, 2010

At various times in our lives it is quite possible that we will begin to develop some significant debts. Often these can be fairly difficult to pay off for whatever reason and therefore it might be a good idea to consider the option of debt consolidation. There are many different companies you could choose from and one of the types of companies you might consider would be Christian debt consolidation programs. If you do want to choose one of these you need to consider a few things first.

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