Category: Credit Card Debt

What is compound interest?

Compound interest is not exciting. However, it is essential to most financial systems. Basically, it is money that lenders earn. For example, a savings account ...

How do you keep yourself out of debt?

New York residents like you do not want to fall back into debt once you start making your way out of it. Of course, this ...

What is the snowball method and does it work?

If you currently feel like you waded way in over your head in debt, bankruptcy may start looking like an attractive option. Bankruptcy may certainly ...

Traffic accidents, credit card debt and bankruptcy

If you were recently involved in an auto accident, our law firm realizes how tough your life likely is at the moment, especially if you ...

Using your credit card responsibly

Having a credit card is a helpful way for you to establish credit and build your score. However, irresponsibly or carelessly using your credit card ...

Credit basics

Credit, on the face of things, seems simple. As explained by the Federal Trade Commission, a simple definition of credit would be as follows: People ...

What is a debt snowball?

There are many different ways to approach paying off credit card debt. Two of the most popular approaches are either the “debt snowball” or the ...

What are some tips for paying down my credit card debt?

It is difficult to face credit card bills that keep stacking up. If you find yourself overloaded with credit card debt, it is possible to ...

How can you alleviate credit card debt?

It is easy to overuse credit cards. When you have credit, it can be easy to say that you will pay it off later. Sometimes, ...

What are some signs my credit card debt is out of control?

If you use your credit cards regularly, it can be difficult to see a problem. You may be into a routine with managing your credit ...