Make Money Make Cents

Making Cents of Your Money

Credit and Debit Cards

Beating a Credit Card Lawsuit

If you’re in over your head with debt and you start having thoughts that you’d be better of just not paying you really should think again and reconsider. The fact is, the damage that it can do to your credit rating and the risk of being sued are high and the consequences long-lasting.

Better to weigh your options and consider some other solutions that will allow you to pay off the debt over a longer period of time or reduce the amount you owe but pay it off.  If it’s already too late for any of those options we have a few below that can help you to possibly beat a lawsuit that has already been filed and possibly save you thousands of dollars in court costs.…

Credit Cards Can Be Quite Useful When Budgeting

All your ever hear about credit cards is that they are dangerous and can lead to insurmountable debt!  Unfortunately, for far too many people this statement is more often than not true.  But if you are here at my personal finance blog reading this article than chances are you are looking for some tips to improve your finance situation.  My first tip is to not overspend on your credits cards, do not rack up finance charges, do not send in your payments late, and in general do not misuse your credit!  That being said, do use your credit card to your benefit, to budget better, and to maximize your rewards.…

Know Your Credit Cards

Credit cards could be a bane or boon for you depending on which card you choose, how you use it and what kind of personal financial planning you have in place. Many people use credit cards to explore the available credit at times when there is a need to do so. However, a majority of people use credit cards more randomly and without any specific necessity. A practice of using credit cards without pondering over the repayments and repercussion is why a huge chunk of the American populace gets into debts. Credit cards are one of the most influential parameters of your credit score and if you choose to use them wisely then a world full of benefits await you. …

How does US personal debt compare to Canada’s

This is a guest post by Michael Edmondstone.  Michael is a freelance journalist who covers a variety of topics but keeps coming back to his passion for personal finance. He currently lives in London where he writes for a number of publications.

For most people, acquiring some debt is inevitable as they go through major life changes. Financing an education, buying a car, and becoming a homeowner are some examples of “good” debt; that is, debt that either enables you to advance in your career or debt that is projected to bring you positive returns in the long run. However, there’s another common kind of debt that many people have but most are in denial about — credit card debt.…

Which Credit Card Is Right For Me?

Credit Cards – can be a good way to do your everyday spending.  If you lose your cash, it’s lost.  If you lose your credit card, you can call and cancel the card.  They will even refund any fraudulent charges that you may have incurred.  Credit cards will also give you rewards for your purchases.  These rewards range from cash or statement credits, gift cards, miles, or merchandise.  The best cards offer anywhere from 1-5% back for your purchases.  It is important to pay off your credit card every month so that you don’t have to pay interest.

…