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Posts tagged "Credit Card Debt"

What kind of expenses are responsible for most credit card debt?

It's easier than ever to put just about any expense on your credit card. You can pay your health insurance premium, utility bills and more with your cards. If you're able to pay off your credit card balance every month and get some free miles on your favorite airline in the process, this may be a wise move. However, for too many people, more places to use their credit card simply means more credit card debt.

Think twice before accepting joint ownership or cosigning

If you have a child or other family member who is unable to get the loan or credit card they want on their own, they may ask you to be a cosigner or joint account holder. Before agreeing to do this, it's essential to understand what this could mean for you -- particularly if your loved one is unable to make their payments.

Do these things before beginning credit card debt negotiations

If you've tried everything but your credit card debt continues to grow, it may be time to contact your issuer to discuss your situation. This is much better than missing payments, hiding from your credit card company and hoping things miraculously improve in the future.

McBride Law Firm

McBride Law Firm
301 Jackson Street Suite 101
Alexandria, LA 71301

Phone: 318-625-0471
Phone: 318-625-0471
Fax: 318-445-8066
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