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LaToya's Credit / Debt Blog January 2008 Archive

By LaToya Irby, About.com Guide to Credit / Debt

Possible Relief For Holiday Debt

Thursday January 31, 2008
How much did you spend this past holiday season? Even after budgeting and planning, it's quite possible that you, like others, racked up too much debt while holiday shopping. ... Read More

Are You Keeping Your New Year's Resolution?

Wednesday January 30, 2008
January is almost over and we're well into the new year. Did you make a resolution to improve your credit or reduce your debt this year? If you're ... Read More

Tune In to CNBC Tonight For a Debt Makeover

Tuesday January 29, 2008
Tonight, January 29, at 9pm and midnight ET, CNBC will show a "Debt Makeover" as part of their "The Millionaire Inside" series. In this third part of the four-part ... Read More

FICO, FAKO... What Are All These Credit Scores?

Monday January 28, 2008
In a simple world, there would be one credit score per consumer. Sort of like the way you only have one birthday and one social security number. Alas, ... Read More

How Debt Happens

Friday January 25, 2008
You won't find yourself drowning in debt simply because you used your credit cards a few times. In fact, you can use your credit cards regularly and still keep ... Read More

Paying Old Debt Collections

Thursday January 24, 2008
You'd probably think twice about paying a collection that's been collecting dust on your credit report for years. You might wonder if there's any value in paying it off, ... Read More

The Best Way To Pay Your Credit Cards

Wednesday January 23, 2008
Whether you have 20 credit cards or just one, there’s some decision-making involved with making your monthly credit card payments. Let’s say you have $600 to spend on credit card payments ... Read More

Would You Use Your Rebate for Debt?

Saturday January 19, 2008
The Bush Administration is in talks of issuing a tax rebate of up to $800 to several taxpayers. Households with dual taxfilers would receive rebates of up to $1600. ... Read More

Will FICO Scores Dictate Health Care?

Friday January 18, 2008
There's talk of a new FICO score that will specifically predict a person's likelihood of paying their medical bills. The score, currently being called MedFICO, will be calculated and ... Read More

GE Money Loses Customers' Personal Information

Friday January 18, 2008
Your personal information may be in jeopardy. A GE Money contractor recently misplaced a backup tape that held personal information for about 150,000 people, according to Associated Press. ... Read More

Suffering a Debt Hangover?

Thursday January 17, 2008
By now you've gotten your first credit card bill with holiday spending. If you overspent, you might get the splitting headache and fatigued feeling that often comes with overindulging. I ... Read More

Three Types of Credit Cards You Should Avoid

Wednesday January 16, 2008
There are a lot of credit cards out there. Some of them good, offering rewards and other perks for customers. Some of them aren't so good, taking advantage ... Read More

Poll: Your Favorite Credit Card Feature

Tuesday January 15, 2008

Paying Later Without a Credit Card

Monday January 14, 2008
Have you purchased something on the internet recently and noticed an option to pay later? I've noticed it on Expedia when purchasing airline tickets. Pay later options are ... Read More

The 15 Most Rewarding Credit Cards

Sunday January 13, 2008
MSN columnist Lil Pulliam Weston has put together a list of the 15 most rewarding credit cards. The list covers rewards credit cards in three different areas: travel, cash ... Read More

The Very First Credit Card - Ever

Friday January 11, 2008
While the concept of credit - getting the goods now and paying for them later - has been around since early B.C., it wasn't until the 1950s that a credit ... Read More

Surviving a Credit Crunch

Thursday January 10, 2008
Experts predict the mortgage problems will spill into the credit industry bringing about a credit crunch. The kind of credit problems that lead to a credit crunch have already ... Read More

Credit Card Debt at Six-Month High

Wednesday January 9, 2008
November credit card spending was the highest it had been in six months, reports CNN Money. The category that includes credit card debt surged at an annual rate of 11.3 percent, ... Read More

Bankruptcies Increased in 2007

Tuesday January 8, 2008
CNN Money reports an increase in bankruptcies in 2007. The number of Americans filing for consumer bankruptcy increased by nearly 40 percent in 2007, according to the American Bankruptcy Institute. The report ... Read More

How To Protect Your Credit Score

Monday January 7, 2008
Did you know your credit score is mostly made up of your payment history. To be exact, 35% of your score is payment history. Knowing that, it makes sense ... Read More

Top 10 Consumer-Friendly Credit Cards

Saturday January 5, 2008
AOL has partnered with MarketWatch to bring you a list of the top consumer-friendly credit cards. These top cards were chosen based on two key factors: how valuable people ... Read More

There's More to Credit Than Being Approved

Friday January 4, 2008
It's no secret that consumers are taking on more debt than they can handle. The Associated Press recently reported increasing credit card delinquencies. Credit card payments are simply ... Read More
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