Tag Archives: credit card debt

Study: Consumers Saddled by Credit Card Debt and Overdraft Fees

Consumers face trouble due to lack of financial knowledge

A recent survey by MagnifyMoney shows that 35% of Americans overdraft and 42.4% are saddled…

By Sheiresa Ngo

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Tips on How to Negotiate Your Credit Card Debt

Advice on how to successfully negotiate credit card debt.

If you’re struggling to pay down credit card debt, you can negotiate more favorable terms.…

By Sheiresa Ngo

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House Rich, Cash Poor

Njeri Barrett was off to a good head start, but when divorce and layoffs came knocking, her financial plans got derailed

“As a family we were making great income and we took the money and invested…

By Sakina P. Spruell

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financial head start

Give Your New Graduate A Financial Head Start

Getting young adults on the right path with their finances is the best way to mark a rite of passage to adulthood.

Getting young adults on the right path with their finances is the best way to…

By Alfred Edmond, Jr.

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The Six-Word Phrase You Must Master to Improve Your Finances

To control your spending, instead of it controlling you, release the negativity and repeat after me: I cannot afford this right now.

Is gaining and keeping control over your financial health and resources a priority for you?…

By Alfred Edmond, Jr.

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A Reality Check for Black Friday

Shopping until you drop is not worth ruining your financial health—or if it is already poor, making it even worse.

Yes, a healthy amount of holiday spending will be good for our economy, and certainly…

By Alfred Edmond, Jr.

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Disaster

Instant Gratification? Sure. But It’ll Cost You

If you're borrowing money on a credit card because you must have it NOW, at least know how much you're really paying.

If you knew the real price, you might think twice about paying it.

By Alfred Edmond, Jr.

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It’s Time to Escape Slavery—From Debt

Free your mind, and your finances will follow. You can't achieve wealth if you won't change the way you think about money.

Too many of us are living beyond our means and pursuing a poverty lifestyle.

By Alfred Edmond, Jr.

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Motivational Monday: Ready to Cash Out?

Ditch the credit cards for cold, hard cash

Are you strong enough to beat down the part of yourself that demands instant gratification?…

By S. Tia Brown

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Facing Debt and Winning

After letting credit card bills pile up for years, Casandra Roache mustered the courage to face her financial fears

“I kept putting paying the debt off because I kept saying to myself, ‘He’s going…

By LaToya M. Smith

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How Radio Personality Angela Yee Dug Herself Out of Debt

The New York DJ recounts her financial missteps before getting back on track

Power 105 radio host Angela Yee found herself struggling with credit debt until she decided…

By Janee Bolden

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Debt-Free Diet

Four years ago Monique A. Harps contended with more than $104,000 in debt. Although the…

By Aisha I. Jefferson

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Your Get-Out-of-Debt Checklist

A new year is upon us and, according to Experian, the average consumer owed more…

By Sheiresa Ngo

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retail

5 Holiday Shopping Tips for Shopaholics

Don't get caught up in the craziness of the holiday shopping season, here are a few tips to stay on course

It’s holiday shopping season and shopaholics need be wary of falling into financial trouble. Here…

By Lynnette Khalfani-Cox

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What You Should Know About Credit Card Hardship Plans

Four years of careless spending led to $8,000 in credit card debt for Wilmington, Delaware,…

By Shandra Hill Smith

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Digging Out of Debt

Nearly drowned by credit card debt, Joseph McKinley needs a solid savings and investing plan to make up for lost time

Joseph McKinley got into credit card debt the way a lot of people do—using plastic…

By LaToya M. Smith

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credit-card-debt-management

6 Steps to Take If a Debt Collector Tries to Sue You

Whether its a debt you forgot about or one you simply couldn't pay, knowing your options can help you manage the situation

One minute you’re going about your day, not a care in the world. The next,…

By Sheiresa Ngo

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How Badly Do You Want Financial Freedom?

If you talk the talk, but will not walk the walk, I've got news for you: freedom ain't free

Each week, we get e-mails and letters from people who tell us they are determined…

By Alfred Edmond, Jr.

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A New Financial Game Plan

While overcoming a debt setback, Jennifer Norman is on the right track to reducing her taxes and maximizing her investments

Norman’s debt struggles are typical of many young college graduates. The misuse of credit cards…

By Carolyn M. Brown

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Opinion: Student Loans Should NOT Be Discharged in Bankruptcy

Students in financial trouble do deserve a break. But bankruptcy is not the answer

The last thing a young person needs on their credit report coming out of college…

By Alfred Edmond, Jr.

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