Not exact matches
The thought
of earning 1.50 %
on every
penny you have in your bank account sounds very appealing, but you're still going to need a checking account to pay your monthly bills like rent, utilities, and anything you charge to your
credit or debit
card.
RIP - OFF ALERT: Debt - settlement firms are allegedly masquerading as law firms and collecting retainer fees with the promise
of reducing
credit card debt to
pennies on the dollars.
We have all seen the commercials... promises
of settlement because
of the new
credit card laws, if you have over $ 10,000 in debt, we can settle your debts for
pennies on the dollar, etc..
First things first — most
of us don't have tens
of thousands
of dollars
of normal spending we can place
on our
credit cards every month — the kind
of spending needed to earn the numbers
of miles / points required to fly all over the globe for
pennies.
I'm a fan
of the snowball method: you make the minimum payments
on all your
credit cards and put every extra
penny onto the
card with the lowest balance until it's paid off, then move
on to the
card with the next lowest debt.