If I had to come up with one nice thing to
say about credit card debt, it would be this: at least it gave me focus.
Not exact matches
To this number, we added 25 % of reported «other»
debt as of December 2017; the New York Fed Consumer
Credit Panel / Equifax said that about a quarter of «other» debt is outstanding retail credit card
Credit Panel / Equifax
said that
about a quarter of «other»
debt is outstanding retail
credit card
credit card debt.
«I had $ 10,000 in student loans in two different loans,
about $ 1,500 in
credit card debt, and $ 16,000 in car
debt,»
said Proctor.
Although I have 33 % less income, yet
about 85 % of the basic living expenses I had when married, I am somehow
saying money every month and paying off
credit card debt.
A spokesperson for Cox
said he was talking
about debt incurred by state and local governments, not personal
debt like
credit cards or auto loans.
Add to that the growing cost of college — student - loan
debt, averaging $ 24,000 per student, now outpaces
credit card debt — and more questions arise
about presuming everyone should aim for college, some experts
say.
They don't
say anything
about car loans or
credit card debt.
Statistics
say that the total amount of student loans
debt in America is
about $ 1 trillion, which is more than
credit card debt.
About 56 % of workers
say they plan to use their tax refund to pay off
credit card debt and other bills, according to a CareerBuilder survey.
Chris Cottier, a Vancouver - based investment adviser with Richardson GMP,
says any young investor with large
debts — especially high - interest
credit -
card debt — should forget
about TFSAs until they've eliminated that
debt.
The same, unfortunately, can't be
said about other forms of
debt, especially
credit -
card debt.
The «Representative» he spoke to (you know... the salesperson) asked if he had any other
debt and he
said he stated he had a personal target
credit card for
about $ 5,000 and another
credit card for
about $ 4000.00 but they have been paid on time.
The Federal Reserve Bank of New York
says the biggest factor in
credit card debt reduction is a change in consumer attitudes and behaviors
about debt.
Q. I've got some severe
credit card debt and was thinking
about going into a
debt management program, but a friend
says that is going to ruin my
credit score.
Managing Your Money - Planning Strategies See what experts have to
say about budgeting on a fixed income, spending wisely,
credit card use,
debt management, saving strategies, emergency cash resources, and avoiding fraud.
Time and time again, financial professionals
say if people were smarter
about buying coffee, they would have more money to do more meaningful things, like contribute to retirement, take vacations and pay off
credit card debt.