Archive for the ‘debt’ Category
Thursday, November 1st, 2007
Have you ever been harassed by debt collection agencies? If you have, you know that being behind on debt payments adds stress and late charges to bills that, for whatever reason, are not current. No one WANTS to be in that situation. Debt collection agencies use a variety of methods ...
Posted in debt, finances, money | No Comments »
Thursday, October 11th, 2007
The idea that a link exists between Americans shrinking wealth and bulging waistlines is not a new one. While the details of such a link have been difficult to prove, increasing numbers of Americans are classified as overweight or obese and the savings rate of Americans has hit negative ...
Posted in credit cards, debt, finances, money, money management | No Comments »
Monday, September 10th, 2007
"Mr. Gage? Dr. Banks is ready for you."
DR. BANKS: What seems to be the problem today?
M. GAGE: I am worried about losing my house. My house payment is going up - a lot!
DR. BANKS: Tell me about that.
M. GAGE: Well, when I bought my ...
Posted in banking, debt, finances, money | No Comments »
Tuesday, August 14th, 2007
If you have an article that you would like to have featured on My Money Thinks, submit it for our blog carnival consideration. We are accepting articles related to all areas of personal finance and we want to read what you have written.
SUBMISSION DEADLINE: Saturday, August 25, 2007
Links to accepted ...
Posted in banking, budgeting, credit cards, credit reports, debt, finances, financial records, money, money management, savings | No Comments »
Thursday, July 19th, 2007
Debt consolidation has become a popular way to reduce interest rates and monthly payments for people that owe money to several different creditors each month. In spite of its popularity, debt consolidation is NOT the best solution for everyone. Before you agree to a debt consolidation process, analyze the pros ...
Posted in credit cards, debt, finances, money, money management | No Comments »
Thursday, July 19th, 2007
How many different "monthly payments" do you make each month? With credit cards, car loans, and mortgages, the average American household has 7 credit accounts. That translates to large amounts of monthly interest charges and minimum payments.
Increasingly, Americans struggle with the number of accounts they have AND with making those ...
Posted in credit cards, debt, finances, money, money management | No Comments »
Tuesday, June 5th, 2007
1. TO RAISE YOUR CREDIT SCORE
One component of your FICO score is based on your debt load. Debt load is calculated by looking at the #number of credits accounts you own and the proportion of revolving debt to the amount of credit available. Reducing or eliminating debt will increase the ...
Posted in debt, finances, money, money management | No Comments »
Thursday, May 24th, 2007
Recently, I pulled my credit reports from all 3 of the credit reporting agencies (Experian, TransUnion, and Equifax). As I looked through the information in those reports, I was struck by the parallel between my credit card life (financial) and my real life (personal). I was in college from August, ...
Posted in credit cards, debt, finances, money | No Comments »