Sentences with phrase «behind high credit card»

Regardless of the specific reason behind high credit card balances, one fact is certain: Consumers with high credit utilization rates are statistically more likely to make future late payments or default.

Not exact matches

The concept behind a debt consolidation loan is simple: you get a loan at a low interest rate and use the money to pay off all of your high interest rate debts, like credit cards.

If you are behind on credit card debt, there is a chance that you are dealing with a high interest rate.

The unstated idea behind LendingTree's recommendation is to take out a home equity or so - called consolidation loan, or to refinance your current mortgage and take cash out (like millions of now underwater homeowners did in the decade or so leading up to the 2008 U.S. housing crash), to pay off other, smaller but higher cost, debts like credit card or medical debt.

Hopefully, the credit card issuers are not too far behind in finding a way to reward women for the higher costs they're often forced to pay.

Many credit card companies have extremely high interest rates, especially for consumers who have fallen behind on their monthly payments.

If you're getting behind on your credit card bills, it's time you take steps to manage your debt and avoid high balances and interest charges which can limit your financial options.

A life policy can help to protect your family from all funeral and death expenses, the high costs of medical bills, and most other outstanding debts left behind like the mortgage payments, credit card bills and personal or business loans.