In many ways, credit cards are very useful tools. They make it easier to shop online, they allow you to have the money you need on you at all times and they offer rewards and cash back to give you some nice perks that you wouldn’t get with cash. Unfortunately, there...

Thousands of hardworking Americans face financial pressure every day of their adult lives. Their precarious monetary balance can be upset by significant life events such as job loss, demotion, divorce, home repairs or medical emergencies. Unfortunately, unexpected...

The average household in Tennessee is over $7,000 in credit card debt. It was reported that at the beginning of 2020, the national total of credit card debt was over $1 trillion. Many Americans struggle with this type of debt and it can quickly become an overwhelming...

Millions of people have been or are expected to be affected by the current pandemic. In addition to those diagnosed with the virus, many more will feel financial effects through layoffs or having their work hours reduced. If you are experiencing those repercussions,...

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....

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...

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....

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 card bills....

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...