The majority of adults in the United States own and regularly use credit cards.  The convenience and availability of credit cards has led to the popularity of this form of currency, causing some consumers to “get in over their heads.”  Falling behind on payments can result in even more financial debt and poor credit ratings.  […]

Consumer debt is a rising epidemic in American culture today, with average debt quickly approaching $15,000 per US household.  Considering the fact that the US is one of the richest nations in the world, what is causing this inability of individuals and households to fulfill their monthly financial obligations? It’s no longer a closeted fact […]

In the 1980s, credit cards were something of a status symbol.  Today, having a credit card is the norm for any average working adult.  Unfortunately, the popularity of credit cards has led to an increase in the number of people who need to eliminate credit card debt.  This isn’t a problem for the average credit […]

A number of American adults struggle with financial issues; one of the most common is that of credit card debt management. Credit card offers arrive in our mailboxes almost daily, and many of the deals seem too good to pass up. For the average person, each offer is weighed and measured according to how it […]

In this new millennium, it is becoming increasingly rare for consumers to use cash to pay for their expenses.  Most people today use credit cards to purchase everything from gasoline for their cars to the clothes in their closets.  The unfortunate consequence of this shift in behavior is that credit card debt is at an […]

Credit plays a major role in our lives today.  Having a good credit rating is now crucial to getting accepted for housing, credit cards, auto loans, and nearly all other types of consumer loans.  With that fact in mind, a large percentage of credit card holders are still careless about paying their monthly debt obligations […]

The average American citizen can find tax laws to be very intimidating.  Because there are a multitude of tax laws, studying all of them could take years.  In fact, the study of federal tax laws would take even longer than that since very few of our tax laws are static; many are amended with each […]

They say there are two things you can be certain of in this life: death and taxes.  Unfortunately, with taxes, comes the possibility of tax debt.  It is all too common for people to find out they owe more in taxes than they have paid into the system.  Even more common, is not having the […]

Tax season can be an especially trying time for many Americans.  A vast number of people have to grapple with the knowledge that they owe far more than they can currently afford to pay.  This knowledge can weigh heavily on their minds and hearts until they devise a plan of repayment.  Unfortunately, many people simply […]

The New Year often brings with it the images of tax season.  For some, this means a nice tax return and imagining how it might be spent.  For others, this means a large tax debt and wondering how it will be paid off.  When dealing with tax debt in this type of situation, it is […]