Blog Posts by Rika Susan

  • Stop Letting Your Credit Cards Run Your Life

    Stop Letting Your Credit Cards Run Your LifeStop Letting Your Credit Cards Run Your LifeHaving constant credit card debt has become the norm for many Americans. In March 2012, the average household had nearly $6,800 in credit card debt. Among only indebted households, the average was $14,517.

    With a struggling economy and tightening household budgets, Americans may not be able to meet their minimum monthly payments, or may do so with significant hardship. Meanwhile, individuals' credit card debts continue to rack up interest and late fees, adding to the financial burden.

    Read:Credit Or Debit Card - Which One Should You Get?

    It's now more important than ever for you to take control of your debt rather than letting it take control of your life.

    If you can't keep up with your current bills, you have a few options to help you restructure, reduce or completely eliminate your credit card debt. These options are consolidation, settlement and, in dire cases, bankruptcy.

    Read:7 Mistakes To Avoid When Shopping For No Fee Credit Cards

    Debt Consolidation

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