credit card accounts
Opal Writes In “I’m Worried About Hurting My Credit If I Close Credit Card Accounts”
Opal wrote to me through the GetOutOfDebt.org site and asked me the question below. If you have a question you can write to me through the site as well.
“Dear Steve,
I have two or three credit card that are debt free. Should I close these accounts since I don’t use them and don’t need but one [...]
Government Handing Out Secret Bailout Money to Pay Off Credit Card Debts
This information is for all the people who keep emailing me about the “secret Obama backed bailout plan for free government money to pay off credit card debts.” You win and I’ll tell all.
I’m not sure who let this rumor out of the bag but if I find them I’d have a very stern talk [...]
Despite What They Say This Is Not The End Of Subprime Loans
Over and over again through print or on the airwaves it is being said that bankers have learned their lesson from the current economic crisis and credit will no longer be extended to people in the subprime market.
While we hope that banks have learned their lesson that bad things happen when you lend to people [...]
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Daniel Writes In – “How Can I Get Out of Credit Card Debt?”
Daniel says, “I’ve been buried in credit card debt and it feels like I make payments each month and instead of things going down, things go up. My interest rates recently went up even though I have not missed a payment or paid late. Another one of my MasterCard’s just lowered my limit a lot. [...]
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