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While you may be able to obtain debt forgiveness from a credit card company or a North Carolina debt collection agency, doing so may not necessarily be the best course of action. Let's take a look at some of the pitfalls of debt forgiveness as well as some of the...
People in North Carolina have several options for eliminating credit card debt before they apply for bankruptcy. One of the most popular methods is to use a debt repayment strategy. Instead of covering the minimum payment every month, individuals can pay larger...
High credit card debt may be tempting and inescapable. But knowing ways to deal with this debt can keep it manageable and avoid the need to use other credit card debt relief options. First, you should limit your charges to what you can pay when the bill arrives by...
According to TransUnion, roughly half of Americans between the ages of 18 and 24 have a credit score of at least 661. Therefore, lenders in South Carolina and throughout the country have made it a priority to connect with younger borrowers. Previous data has shown...
According to a survey from Bankrate, it isn't uncommon for Americans who are worth between $100,000 and $199,999 to carry credit card debt. Specifically, it found that 57% of those individuals are likely to owe money to credit card companies. This compares to 42% of...
Credit card debt is a worry for North Carolina residents and people across the United States. Since making ends meet can be difficult, people are frequently using their credit cards to bridge gaps and make necessary purchases. In other instances, people spend beyond...
According to a study from the Consumer Finance Protection Bureau, 55% of credit card balances have revolved for two years or longer. The study also found that 82% of outstanding balances have been allowed to revolve for at least a month or more. When a balance is...
Financial challenges face many North Carolina residents, with unemployment and unexpected expenses as two of the more typical reasons why people find themselves with significant credit card debt and barely able to make the minimum monthly payments. When even that...
Throughout North Carolina and the rest of the United States, one out of every five American consumers do not know if they owe money on their credit card. Three out of every 10 Americans have no knowledge regarding the interest rates on their lines of credit. In a new...
The profile of credit card debt is changing for many young people in North Carolina. Millennials were once known for their aversion to overdue bills, especially as many of them became adults and entered the workforce during the 2008 financial crisis. As a result, many...
