Bankruptcy affords you the opportunity to start over and begin to rebuild your financial future. While ensuring your credit recovers from delinquent accounts and high debt burdens is important, make sure you do it the right way. The Dos Most people assume they should run out and start soaking up credit right away after bankruptcy.  … Read more

One of the main concerns people have about bankruptcy is how it will affect their credit. While filing for bankruptcy does not cause damage to your credit, there are some credit consequences indirectly associated with the process. However, understanding these issues can prevent misconceptions and missed opportunities for utilizing a potentially valuable debt relief resource.  … Read more

It is a bit surprising to learn that there has been an 11 percent spike in the demand for consumer credit cards over the last few months. Unemployment continues to plague the nation, mortgage debts and foreclosures are out of hand and personal debt burdens are already at an all time high. So why are  … Read more

Whether you are jut exiting bankruptcy and looking to rebuild your credit future or are in need of a little credit score boost, there are some easy ways to achieve that goal. It is important to remember that not all lines of credit are the same and rebuilding or boosting credit can be a time  … Read more

It is never too early to start planning for your kids future of credit. Unfortunately, too  many parents neglect to consider their child’s credit standing until they are an adult. Although minors cannot carry a credit status, there are ways their credit can be impacted before they even turn 18. Teach Money Management Skills Most  … Read more

It is almost time for spring cleaning, and this includes cleaning up your finances. There is never a bad time for getting control of your finances and putting your money to work for you.  If you haven’t already taken a look at your finances this year, make a commitment to get on track and bring  … Read more

If you are one of millions of Americans drowning in debt or experiencing financial hardship, that puts you at a greater risk for becoming victim of a scam.  Criminals are often on the lookout for those that may be desperate to find relief from their debts and may be looking for a way to avoid  … Read more

Television advertisements have recently been flooded with celebrity endorsements for prepaid credit cards. Russell Simmon’s Rush Card and Suze Orman’s  Approved Card are two prime examples of these new prepaid credit cards that offer to help consumers manage their money better than ever before. However, the perks offered by these cards may not always deliver  … Read more

A financial tool that is gaining popularity is prepaid credit cards. They advertise easy money and a user friendly approach, while promising a no-hassle, no fee guarantee for consumers. However, a closer look into the details of these credit lines highlights some growing concerns. Many Promises One of the more popular prepaid credit cards that  … Read more

Worried about securing a credit card after bankruptcy? Don’t be. Not only may you experience and improvement in your credit standing after a debt discharge, but you may be able to secure  one or more lines of credit with minimal effort. In fact, there is a market for certain creditors that actually target post-bankruptcy consumers  … Read more