Boca Raton, FL—Credit Card Debt is at epidemic proportions. It affects more Americans each year than heart attack, stroke, and diabetes combined. It is a dangerous “silent killer” carried by most Americans. How did all that debt get there? For Sarah C., “it all started on campus the day I got my first credit card …
by creditguard Research from Harris Interactive estimates that America’s youth, Generation Y, has a total $175.1 billion dollar per year spending power in today’s economy. Based on a June 2003 study that interviewed over 3,500 pre-teens, teens and young adults with their parents, Harris Interactive breaks down Generation Y’s spending habits into three categories: Pre-Teens (ages 8 …
by creditguard The recent rise of gasoline prices has consumers searching for ways to save. Credit card companies have responded to this need by introducing gas rebate credit cards. When consumers make gas purchases, they get 2% – 6% gas rebates. Additionally, many of these credit cards offer a 1% – 2% rebate on other standard purchases. …
by creditguard Soaring gas prices predicted to remain in the high range throughout the year have forced consumers to find their own remedies to ease the pain at the pump. Credit cards that offer cash back are becoming increasingly popular with consumers who are searching for savvy ways to save a couple of bucks at the pump. …
by creditguard During the course of the last year overall foreclosure numbers saw a steady rise in the United States. Analysts predict that with rising interest and inflation rates along with high housing costs, the future outlook of foreclosures remains substantial. In fact, many believe the foreclosure rates will reach record levels within the coming year or …
by creditguard The Internal Revenue Service (IRS) estimates that the average refund for this year will be close to $2,000. This has many Americans across the country struggling with the decision of whether to buy a vacation package to the Caribbean or to utilize the extra income towards something more useful. If you are one of the …
by creditguard It is a known fact that most military service men and women who are called to active duty go through many hardships. Leaving loved ones for indefinite periods of time can put a tremendous amount of strain on their family lives, especially if they are the sole breadwinners of the family. Many reservists who get …
by creditguard In the aftermath of Hurricane Charley, Hurricane Frances, Hurricane Ivan and Hurricane Jeanne, many residents are struggling to pick up the pieces and get their lives back to normal. As residents survey the damage done to their homes, cars and personal belongings, the prospect of repairing and rebuilding their lives can be overwhelming. As of …
by creditguard For Consumers Living Paycheck to Paycheck According to “Credit-Card Fees Are Rising Faster” by Ruth Simon in Wall Street Journal on March 31, 2004, the economics of the credit card industry are changing. To be competitive, creditors have had to cut interest rates and discontinue annual fees. Creditors are offering 0% interest rates and waiving …
by creditguard Helping your own fellow man during periods of suffering and hardships can be one of the most fascinating aspects of the mankind. We witnessed this compassion especially during the September 11th attacks, Asian Tsunami devastation, Pakistani earthquake and the recent hurricane seasons. The United States has been in the forefront of charitable giving with an …
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