Many people are finding that they are having difficulty right now making payments. Credit card debt has gotten a bit out of control, and people are waking up to the realities of their financial situations, so it is little surprise that many are trying to get out of debt. Unfortunately, interest rates and piled on fees can make this a daunting task. The good news is that there are hardship programs available that can help you repay your debt.
I received an email from A New Horizon, a credit counseling and debt solutions company, pointing out that some credit card issuers …read more

I was asked about what I think about the economic stimulus plan that Barack Obama laid out in his weekly address over the weekend.

This tip is a biggie: Pay off consumer debt. (Especially credit cards.)
Debt costs you money. Sometimes thousands of dollars. The interest charges don’t bring you anything tangible — or even tangible — in terms of benefits. All interest from debt represents is money you pay to get someone else rich. My guest post on My Dollar Plan offers a way to plan your way out of debt.
image credit: sxc.hu
This post is part of the b5media Business Channel Great Blog Off! Find out more about the Blog Off here: http://www.b5media.com/b5media-blogs-for-a-cause-and-raises-money-in-support-of-charity/

The Business Channel is supporting Accion International for the Great …read more