Credit card debt can be intimidating when you get all of your statements, but it does not have to be. There are several ways to both cut your spending and reduce your debt, without feeling overwhelmed. To help the readers of our blog we have compiled this list of simple and easy ways to reduce your debt quickly, and achieve financial freedom. Get out the scissors. If you are really serious about… **Continue reading**

Unsecured debt is pretty much exactly what its name implies, debt without the safety net of having collateral tied to it. That said, unsecured debt does not necessarily mean “bad” debt. The majority of adult Americans use unsecured debt in their daily lives, often to their benefit.

1. 1. Student Loans Although you may be thinking, "student loans are secure because they are backed up by your education,” this is only the case

It is a common misconception that debt collectors can “get away with anything” in their attempt to collect unpaid debts. This is incorrect. Consumers actually have a specific set of rights when it comes to collection activities, and to help educate our readers we have compiled the following list of the top 10 rights. 1. Call Times No matter what they may say, debt collectors have to adhere to certain time restrictions… **Continue reading** | 1 Comment

From Wall Street Journal.com: U.S. federal regulators are poised to adopt tough restrictions to make it harder for credit-card companies to raise interest rates on millions of existing customers, reversing decades of light regulation of the industry. The new standards, expected to be issued Thursday, would represent the biggest changes to the industry in a generation and will apply to more than 16,000 companies, including major credit-card issuers Citigroup Inc., Bank… **Continue reading**

Destroy Debt has posted an interesting blog entry with advice on how to stop harassing calls from debt or credit card collectors. Below is a quote from the article, but you can read the full text at Debt Collections: Stop the Phone Calls. There is nothing worse than receiving a phone call from a collections department every twenty minutes throughout the day. You know the feeling when your phone rings… **Continue reading** | 3 Comments

MercuryNews.com recently posted an interesting article with advice on how to ease the stress of dealing with debt collectors. Below is a snippet from the article, but you can view the full text by clicking here. 1. DON'T HIDE: It's tempting to avoid creditor calls when you don't have enough money to pay, but that's a big mistake, said Bruce McClary, spokesman for Clearpoint Financial Solutions, a national credit counseling… **Continue reading** | 4 Comments

Building good credit is actually rather easy; it just takes time, and careful observation. To help you get on your way to the perfect credit score and a healthy financial record, we have compiled the following list of the top 10 ways to build good credit. 1. Get a Credit Card One easy way to build credit is by simply getting a credit card. Getting approved at a department store, like Wal **Continue reading**