Credit Cards

Illustration of man kneeling down while carrying box full of credit card debt

Paying off $50,000 in Credit Card Debt

By Joey Johnston | June 17, 2021

Running up $50,000 in credit card debt is not impossible. About two million Americans do it every year. Paying that bill? Well, that’s not impossible either, though it is considerably…

Man holding credit card that is weighing him down.

How to Get Out Of Credit Card Debt

By Pat McManamon | September 16, 2020

Using a credit card is sort of like going down one of those tall slides. It’s fun. But then at the end the ride ends and the climb back up…

Money on weighing scales with judges gavel next to it

What to Do If You Are Sued For Credit Card Debt

By George Morris | July 23, 2020

Learn Your Options if Sued for Credit Card Debt Debt has consequences, some of which will surprise the average American. For example, if you default on credit card debt the major…

Businesswoman sitting on stairs with box of belongings after being laid off

Unemployment and Credit Card Debt

By Joey Johnston | July 10, 2020

Choose Your Debt Amount Consolidate Debt in Minutes Handling Credit Card Debt While Unemployed A strange thing happened when the COVID-19 economic shutdown hit the United States — millions of…

Upset businessman is standing and shackled in fetters in the form of a credit card

Managing Credit Card Debt

By Tom Jackson | June 22, 2020

Many of the things we love about credit cards — convenience, safety, tracking, rewards — are the same qualities that tempt us into overuse. Now comes the aha! moment when…

Warning Sign That Says Debt Avalanche

The Debt Avalanche Payoff Method

By Joey Johnston | May 31, 2019

If you’re swamped in debt and it’s harder each month to at least pay your minimum credit card balances, inaction isn’t an option. But how do you tackle what could…

Man pushing a boulder up a mountain side

What Is a Credit Card Hardship Program?

By Tom Jackson | May 16, 2019

About Credit Card Hardship Programs Generally speaking, Americans are late in paying off credit card balances and the situation could get far worse after the devastating fallout from the coronavirus.…

Credit card bill and money on a table

Yikes! I Can’t Pay My Credit Card Bills!

By Tom Jackson | January 30, 2019

What to Do When You Can’t Afford Credit Card Payments What happens when just meeting the minimum payments is beyond your means and you’ve come to the tough realization you…

Illustration of man holding clipboard with Statute of Limitations on it

What is the Statute of Limitation on my Credit Card Debt?

By Joey Johnston | October 22, 2018

The “Statute of Limitations” for credit card debt is a law limiting the amount of time lenders and collection agencies have to sue consumers for nonpayment. That time frame is set by…

Credit Card Interest Annual Price Tag: $1 Billion

By Joey Johnston | August 9, 2018

Americans are paying more than $100 billion in credit card interest annually. That means the average American household using credit cards is throwing almost $2,000 a year in the garbage…