I Closed My Credit Card, But Did I Really?

 

By Molly Greaves
When you ditch your credit card company via phone, make sure you have them send you a letter in the mail re-affirming the conversation that you’re ending it between the two of you.  Until you receive this confirmation, you should assume you’re still in your “relationship” with them, and that they may be [...]

NO RISK, Best Return On Credit Cards

Pay off your highest-interest credit card debt. The return on your investment is the interest that you no longer have to pay.
I read once that they average rate on a typical credit card is 13.9%. It may be different, hopefully not worse (although probably). Assuming that number is still accurate, the INTEREST SAVINGS on a $5000 balance [...]

So, Your Debt Is All on Credit Cards?

by Molly Greaves
Say you have 6 credit cards that all have large balances on them. What you want to do is pay the MINIMUM on all 6, and then you pay extra on the card with the highest interest rate. 
Stop adding purchases to your credit card, and you’ll be out of debt before you know [...]

Drowning In Credit Card Debt?

By Molly Greaves
If you have multiple cards with high interest rates, consider transferring your balance to a card with a low interest rate. I hate to say it, but it’s a smart move if you’re drowning in debt since it can reduce your debt costs. 
Before you transfer your balance to a  new account, ask what [...]

Your Credit Card’s Due Date Can Change Without Notice?

 

Yep, and they dont even have to tell you. And the funny thing too is that some companies bill twice a month because of short billing cycles. They no longer allow 30 days for you to pay them; receivables are wanting their money in full earlier and earlier from consumers. I recently received a statement [...]