Paying of Debt? (Credit Cards) Is it bad to pay off credit cards?
I want to buy a house fairly soon, and I heard that it was a bad thing to pay off ALL my credit card debt. Is this true, or just a wive tail. I hope to hear from you soon.
Pay it all off [...]
Credit debt legal help?
I owe money on a credit card. The debt is about 5 or 6 years old and suddenly I get a letter in the mail saying they will send my account for legal review and possible lawsuit. I don’t have enough money to pay it off. Sigh. So if it goes to [...]
Paying credit cards over time vs. lump payment?
Here’s the situation: I am on an aggressive savings plan and have set aside an extra $400/month to pay off my debt (around $8000 total).
Is it better to wait until I have enough money saved to payoff all balances completely (while still making minimum or [...]
Current american credit card debt?
Hey does anyone know how much credit card debt America is in as of 2008?
Also including a credible website would be nice
Thank you all so much!
Americans currently owe about $951.7 billion total in debt. While common statistics report that the average American owes $8,000 credit card debt; it isn’t entirely [...]
