Jump To Navigation

Posts tagged "credit card debt"

What is the average credit card interest rate?

The interest rate is incredibly important when choosing a credit card. If you cannot pay the balance off every month, you're going to need to pay for that loan -- which is all a credit card is, really -- and the interest rate determines how much it costs. Many people who run into problems with credit card debt get trapped in a cycle where they can only afford to pay the interest and they never make any headway on the balance.

Tips for debt prioritization

Being in debt can make even the most focused people lose their perspective. A common reaction to overwhelming debt is to avoid the problem completely and to continue spending as usual. This reaction is so common because facing the situation is painful. It's important to remember that the problem will only get worse if you ignore it. Therefore, the sooner you take control of your finances, the sooner you will feel better.

Should I file for bankruptcy due to credit card debt?

Credit card debt is a common issue for many Americans, especially during the holiday period. You may feel that you need to spend more than what you have in your bank account so that you can buy food and gifts for family and friends. While it's nice to express love through these material things, you mustn't sabotage your financial situation in doing so.

Effective ways to tackle your debts quickly

The end of the year is quickly approaching, and you may worry that the new year will present new financial problems. This is why the final months of any year is a great time to start evaluating your finances and finding strategies that will help you improve your situation.

Considering bankruptcy to tackle credit card debt

The majority of people use credit cards to some extent. While many see the habit as a secure way to make transactions and have no trouble keeping up with repayments, others get into the trap of using them as their primary source of funding. Sadly, many consumers find themselves using credit cards to spend money that they do not have.

How to deal with collection agency harassment

Dealing with debts can be stressful enough without having to be subject to creditor harassment. This is why there are many regulations in place to control the way that creditors can communicate with debtors. If you are feeling overwhelmed by the actions of your creditors, you should make sure that you assert your rights and put a stop to this behavior.

Managing credit cards responsibly

Credit cards can be a useful tool, no matter what your financial situation is. They make it possible for you to purchase items without immediately using your assets. This can benefit you from a cash flow standpoint since credit cards could help you to be able to afford bigger purchases. They can also be a more secure way of paying for things.

What regulations are credit card companies subject to?

Credit cards are seen as a convenience for many consumers, allowing them to make purchases without their own spending money immediately. Using credit cards to pay for purchases can provide a safety net against scams and helps mitigate cash flow issues. Additionally, they can provide protection when prepaid purchases such as flights are canceled.

Contact Form

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Information

Law Office of Ruth Nelson
7742 14th Avenue NW
Seattle, WA 98117
Phone: 206-633-2517
Map and Directions

Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters.