If I had a dollar for every time someone I spoke to, debt or no debt, said to me that they wish they knew more about saving and budgeting, I would be a very rich person… Speaking to people with debt on a daily basis has often made me wonder why there isn’t a mandatory…
Parenteral Discretion is Advised. If the truth infused with playful profanity offends you, do not read on, this article contains both in abundance. I’m an entrepreneur, and I’ve been in the credit card debt game for a long time. I’ve been a collection industry insider and manager. I’ve also helped thousands of Canadians get back…
You carry a balance, and make just minimum payments every month Carrying a credit card balance, and just making a minimum payment is expensive. You often pay 5 times more than the cost of the purchase. So if you thought it was a good idea to but that new big screen TV on your credit…
Paying off your credit card debt could take months, years, or even never. It really depends on how much you are paying against the credit card each month, and what the interest rate is. One factor that determines your interest is whether or not you made purchases on your credit card, or if you used…
Equifax, Trans Union, and Experian credit bureaus will tell you, anything in or above the 700 range is considered a good credit score. As your credit score gets higher, it generally means the more credit worthy you are, and the higher pre-authorized credit limits you will receive. Also, depending on how much credit you are…
The simple answer is yes you can, but there are so many reasons you should never pay of a credit card with another credit card. I have a friend, who I consider my best friend, and he is in his 70’s. In the past, we have had many conversations around debt, and specifically credit card…
Think about it. Credit card companies make nothing off people that pay off their bill in full and fly on free points. But they make a fortune of people up to their eyeballs in debt paying 19.99% on the balances they carry. The real deadbeats to credit card companies pay their bill in full each…
What do you think about the rewards, or points systems attached to your credit cards? Don’t you think that it is scary that these companies offer you points for spending money at a high interest rate? Recently my aunt was going to book a flight to California using her points that she earned with her…
Hello again friends, I’m writing this week to share some new information that has been brought to my attention. I was not aware that at anytime my credit card information can be sold to a new company without my knowledge. It is now old news but I recently found out that MBNA Canada has sold…
Whether you’ve had some credit card debt in the past, or are new to the credit card game a pre-paid card can be a great way to enhance your credit card skills, or stop dangerous spending. With most of the great benefits of a credit card, and a definite spending cap, financial success could be…
