Credit Card Debt

When used carefully, credit cards can be a great asset for consumers. If you’re running short just before you get paid, you can rely on your credit card to make important purchases. Some credit card providers even offer rewards schemes as you make payments....

It is a common misconception that only those who are reckless with their funds find themselves in financial troubles, but this is clearly not the case. In fact, many households across America find have money problems, with total household debts exceeding $14 trillion...

If you’re trying to decide how to save money making your next purchase, one thing to consider is using cash instead of a credit card. That simple change could make a massive difference, even if you’re already wondering what the difference could possibly be.  On one...

When difficult financial times occur, it can shake your world. But when debt continues to grow and there is no means to address it, it can leave an individual feeling hopeless. While many seek to put off filing for bankruptcy because they are fearful of how it will...

There are many great reasons to have children in Oregon and when children are born it is a very joyous time. However, raising children is not easy. It takes a lot of patience and can be very stressful trying to make sure they are raised correctly. As many parents...

The amount of money U.S. consumers owe to credit card companies reached almost $900 billion at the end of 2018 according to a recent report from the Consumer Financial Protection Bureau, which means that the total revolving debt in the United States is now more than...

Many people in Oregon and across the country are struggling with the growing weight of credit card debt. Nationwide, Americans owe more than $1 trillion on their credit cards. During the second quarter of 2019, American consumers accumulated an additional $35.6...

Many people in Oregon are struggling with a growing debt burden because they are unable to pay off their credit cards every month. Analysts advise that credit card debt can be particularly dangerous to carry over a long period due to the high interest rates that come...

The Consumer Financial Protection Bureau reports that over 70 million people in Oregon and the rest of the United States have had interactions with debt collectors. During these interactions, 25% of the debtors have felt threatened. However, people should learn about...

Those who have credit card debt pay an average interest rate of 18%. However, Oregon residents and others who have poor credit could pay as much as 25% interest on a revolving balance. One way to avoid paying interest altogether is to pay down a balance by the...