By J. Paventi
Television viewers are constantly bombarded with commercials and advertisements promising to relieve credit debt. Some of these services advertised are for consumer credit counseling services. These are agencies which act as an intermediary between credit card companies and credit card holders to ensure payment but protect the consumer against a landslide of finance charges.
Consumer credit...
By SKetcham
The threat of a being sued by a collection agency is serious. Contrary to what many people believe, most debts are still valid even after sold and purchased by another agency. This is true no matter how many times the debt is resold, and the debtor remains obligated to pay off the full amount of the debt owed. Generally, collection agencies will attempt to collect debts owed to them through a...
By Gregory Hamel
Money is said to have a time value, meaning that a given amount of money at a certain point in time is worth a different amount than it would be at a later point in time. The idea is that money you have today can be invested or put in an interest-bearing account. The amount of money will increase over time. The time value of money is a very important concept that is used heavily in business; for...
By Christie Leman
Applying for a credit card has never been easier, with applications readily accessible online, by mail or by phone. Banks and retail stores are always eager to find potential cardholders, making applying for a credit card a quick and painless experience. With a little research and some simple paperwork, it can take almost no time at all to apply for a credit card. Before just choosing any random ...
By Sidney
As expenses continue to rise, using a gas card is a great way to spend less on transportation. But before choosing a gas card, it's important to evaluate all of the options. Each card offers different rewards, programs and interest rates--and sometimes an annual fee. For example, some cards allow you to earn rewards on all vehicle expenses, not just gas. Check out the Shell MasterCard. This...
By Victoria Ries
Upon the advent of 9/11 and the introduction of the Patriot Act, opening a bank account isn't quite as easy as it was before. Positive forms of identification are now needed in order to satisfy federal and state requirements. There are no exceptions to the rule. Documents required to open business and checking accounts may differ slightly bank-to-bank. A legible birth certificate and proof...
By Christina Hamlett
It's often difficult enough to make your paycheck last until month's end, and when an unexpected emergency such as a leaky roof, car repairs or having to replace a major appliance makes an already thin wallet say "Ouch!" a payroll advance can seem like a godsend. Unfortunately, the penalties for not honoring the terms of this mini-bailout can be a lot harsher than most people...
By Sidney
Many individuals are interested in learning how to manage their money better. Simple changes such as creating a financial budget, designing a savings plan and setting retirement goals can help you get control of your finances. Plus, it will allow you to be accountable for excessive spending. Write down all of your monthly expenses. Create a household budget. Make sure to list your mortgage,...