How to Avoid a Debt Collection Snowball

Managing Debt

How to Avoid a Debt Collection Snowball

How to Avoid a Debt Collection Snowball

If a creditor gets a judgment against you for a debt collection item, you may wind up paying more than you bargained for. Our reader, Catherine, recently shared her experience with this: On Feb 09, 2012 the court requested garnishment on my wages every month. The total judgment due is $6161.15. Payroll has been deducting… Read More

6 Ways to Cut Your Credit Card Interest Payments

Credit Cards

6 Ways to Cut Your Credit Card Interest Payments

6 Ways to Cut Your Credit Card Interest Payments

Credit card interest can be devastating to cardholders who are trying to pay off their debt. Once they start to carry a balance, compounded interest is accumulating on every purchase from the moment of the transaction. And as unsecured debt that is never tax deductible, credit card interest rates are higher and impact families more… Read More

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