Samuel L. Jackson, Jennifer Garner and Alec Baldwin have become the faces of credit cards hyping premium awards and cashback cards. While the celebrity pitches are directed at customers who enjoy high credit ratings, others in the credit card business see opportunity with consumers who suffer with less than stellar FICO scores.
For many Americans with standard employment, taxes are withheld automatically from their weekly, biweekly or monthly paycheck. At the beginning of each year, when taxes are filed, people rejoice when they receive news that they will be getting a sizable tax refund. Many people choose to use that lump sum to pay off or pay down some of the credit card debt they've accumulated through the year. Unfortunately, that balance on your credit card is accruing massive amounts of interest each month, while the money that the Federal government over-withheld in taxes does not.
Even though a new party is in power in Washington, companies are still using the hook of the previous president whose administration introduced programs to reduce student loan burdens. By invoking the Obama name and the association of repayment plans based on income, they make debt relief promises that they cannot keep.
Like most reality shows, Extreme Makeover: Home Edition condenses stories of woe into neat little 60-minute packages. The tales may differ. Yet, the end is still the same: a brand new home from the rubble of the old.
When you think of the student loan debt crisis, the image of the struggling young college student trying to start their career often comes to mind. However, recent findings show that former students eligible for Social Security benefits are quite a bit older. In fact, many are eligible for Social Security benefits because of their age.
Debt is something that many people struggle with in Pennsylvania. It is very easy to get into, but not quite so easy to get out of. There are options available, though, that can help people pay down or eliminate these issues. One of these is debt management, which is the process of negotiating with creditors to get payment amounts, interest rates or other changes made to an account to make it easier for a person to pay the debt off.
Bankruptcy does not mean that the curtain has closed on your financial future. A reboot may be around the corner.