Articles Posted in Credit Card Debt

Credit card debt is one of the most prolific types of consumer debt in California. In fact, the total credit card debt in 2018 for Americans exceeded $1 trillion. For the first time in history, this equates to an average household credit card debt figure of over $8,600. As such, individuals commonly approach a California…

A typical question we hear revolves around credit card usage before bankruptcy. Specifically, individuals want to know how using a credit card with the months leading up to filing for bankruptcy protection can affect the filer’s ability to discharge the debt. This is something that is very strongly discouraged as getting cash advances from credit…

Many individuals struggle with massive amounts of credit card debt. It typically begins when you miss a payment or two, and then start to fall more and more behind. The interest on the debt rises and before you know it, you have a giant credit card balance and no way to get caught up. Many…

Living with a poor credit history in the US is pretty tough to deal with. Bad credit will make a lot of things including insurance, utilities, loans fairly expensive for you to procure. Here are a few effective score improving credit repair solutions. These will not only help you improve your FICO scores, but also…

Credit cards affords you the flexibility for dealing with financial emergencies. However, doing so unmindfully can end up stacking an overwhelming amount of debt that is hard to pay off. That makes understanding credit card debt more important than ever. Here are a few ways in which you can make wise use of credit cards…

If you are one of millions facing serious debt problems, don’t worry. There are ways to get out from under your debts. The first step is admitting your debts are a problem. Next, develop a plan. Consider one of these debt stress relieving strategies for finding relief. Debt Stress Relieving Strategies First, evaluate the level…

Over 40% of American households carry some credit card debt, and many of those carry balances over $5,000. Although having some credit card debt can actually benefit your credit profile, the debt game is a slippery slope for some people. In order to keep your financial profile healthy and in good standing, be sure to…

Applying for new credit either after a California bankruptcy discharge or simply looking for new lines of credit, there are some things to consider. Obtaining new credit should be a carefully pursued process and not done on a whim if you want to ensure a solid financial future of payments with these lines of credit.…

If you have heard the terms “debtor’s education course” or “credit counseling” you may already know that this is a requirement of filing for bankruptcy. What you may not know is that you don’t have to be considering an Elk Grove bankruptcy in order to benefit from such a course. In fact, many people seeking…

California Creditor Harassment Lawyer Under state and federal laws, creditors are restricted in their collections activities. The federal Fair Debt Collection Practices Act (FDCPA) makes it illegal for creditors to engage in threatening, offensive or intimidating behavior against any individual debtor from whom they are trying to collect on a bill owed. Stop Creditor Harassment.…