On behalf of Mark T. Young & Associates | Feb 18, 2020 | Credit Card Debt
Credit is tempting to think of as free money, so long as you pay the minimum payment on your cards each month. When you’ve maxed out one card, it’s easy to open another. Yet you may find yourself facing bankruptcy if you rely on credit cards to finance your lifestyle....
On behalf of Mark T. Young & Associates | Nov 6, 2019 | Credit Card Debt
Credit card debt can sink financial solvency and lead to bankruptcy. There is currently $1 trillion of credit card debt in this country. But there are workable ways to pay off credit card bills. The avalanche method starts with paying off the credit card rate with the...
On behalf of Mark T. Young & Associates | Oct 24, 2019 | Credit Card Debt
Having a new credit card can provide perks and better credit. But this can also lead to problems such as credit card debt and a bad credit score. The best reasons for opening a new credit card include new member bonuses such as bonus points, miles, and cash back....
On behalf of Mark T. Young & Associates | Oct 17, 2019 | Credit Card Debt
Falling behind on credit card debt is a growing problem, especially for “millennials” who use them to pay for living expenses that are not covered by their paychecks. More consumers are using credit card debt consolidation to pay off their unpaid credit...
On behalf of Mark T. Young & Associates | Aug 29, 2019 | Credit Card Debt
Many people in Chattanooga and Eastern Tennessee who wonder about filing a petition for bankruptcy are struggling under a mountain of credit card debt. They may have heard that bankruptcy offers protection from credit card companies that are trying to collect on these...
On behalf of Mark T. Young & Associates | Jul 7, 2019 | Credit Card Debt, Firm News
Owing a significant amount of debt is frustrating, especially if your financial frustrations are the result of things that are beyond your control. For example, you may find yourself facing significant medical debt after a sickness, extended stay in a Tennessee...
On behalf of Mark T. Young & Associates | Jun 6, 2019 | Credit Card Debt
Even when a person makes a good living, financial troubles can make their way into his or her life. It is easy to charge items to a credit card. While this form of payment is useful in certain situations, it can get out of hand in others. This is where credit card...
On behalf of Mark T. Young & Associates | May 16, 2019 | Credit Card Debt
Most people are not surprised when someone advises them not to rake up too much of debt on their credit cards, as repaying an enormous credit card debt can often bring about significant financial challenges. It seems, however, that many Americans, including many in...
On behalf of Mark T. Young & Associates | May 8, 2019 | Credit Card Debt
In the past, you may have considered yourself someone who handles money well. Now, you wonder whether having that idea was correct because you have landed on hard financial times. Before you start beating yourself up, you may want to remember that numerous people face...
On behalf of Mark T. Young & Associates | Feb 14, 2019 | Credit Card Debt
It is hard to imagine how a Tennessee resident may live in the modern world without a credit card. While it may be possible to write checks and pay cash for many of the expenses a person lives with on a daily basis, the ubiquity of online shopping, bill paying, and...
