Avoiding Debt

Your credit card comes with the ability to take out a cash advance, but this type of transaction might be the worst of all. Learn why you should avoid a credit card cash advance.

Anyone who has a credit card risks carrying too much credit card debt. You don’t want to get overwhelmed with credit card debt because it can be extremely difficult to repay. So, as you use your credit cards, keep these tips in mind to avoid credit card deb

There are many different types of loans. When you're shopping for a loan, it's important to know the types of loans that are out there.

Taking out a loan can impact your credit score. Even applying for a loan can reduce your score. Learn how borrowing a loan affects your credit.

The holiday season is the biggest shopping season of the year. It's also the time when many Americans rack up thousands of dollars in credit card debt they can't afford to repay. If that's not enough to ditch your credit card during the holidays, here are more reasons you shouldn't use your credit card for holiday shopping.

Student loan default is one of the worst things for your credit. Find out how you can avoid student loan default and protect your credit score.

Secured loans are different from unsecured loans in one key way. Secured loans require you to use an asset to secure the loan.

Personal loans are unsecured loans that have a fixed amount, interest rate, and repayment period.

A cash payday loan is a quick way to get access to cash in an emergency. Learn how cash payday loans work and why you should stay away from them.

You may be tempted to sign up for an attractive bad credit that requires you to pay an advance fee. Be careful, these loans are scams and can leave you out of hundreds, even thousands of dollars in "fees."

After you're done making your Christmas list and checking it twice, you have to decide how to fund for holiday spending. Here are some tips for using your credit card this holiday season.

Most people think of gift purchases and the single source of holiday debt, but gifts aren't the only things that can break your budget during the holiday season.

Many buy here, pay here types of businesses promote a 90 days same as cash promotion to get you buy their products using their in-store financing options. Ninety days same as cash isn't what it sounds like. Find out why you should stay away.

I know a lot of bad advice is given when it comes to credit and debt. So, I asked About.com Guides what was the worst credit and debt advice they've ever received or heard given to someone else. Here are some of the absolute worst answers.

Did you know the typical payday loan customer pays $793 in fees on a $325 loan? That's in addition to the original loan amount. When an emergency happens, you need quick cash, but there are far less expensive ways of borrowing.

Once you get caught in the trap of payday loans and check advances, it can be difficult and costly to get out. Avoid the trap altogether by exploring alterna…

Advertisements for payday loans and cash advances make them seem like a fast, easy, no-nonsense way to get money when youÂ’re in a financial bind. Payday loans are actually one of the easiest and fastest ways to get into debt.

Debt is a four-letter word that many people want to banish from their vocabularies and their lives. People have been known to commit suicide over their overwhelming debt, so how could there be good reasons to go into debt?

Without an emergency reserve of cash, you'll feel forced to use credit cards or loans to cover unexpected expenses. Build an emergency to avoid the credit card debt.

Using credit cards unwisely can lead to a mountain of credit card debt that's nearly impossible to overcome. But how do you know if you're using your cards unwisely? Here are some ways to tell you're for credit card debt.

The holidays are ripe for spending. ind out how to make it through the holiday season with as little debt as possible.

Debt isn't something that just happens as you go about your daily routines. There are certain spending habits that lead to debt. Recognizing these habits now could save a lot of money and stress later.

Did you know there was a such thing as good debt? Find out the difference between good debt and bad debt.

The key to avoiding debt is spending your money wisely. Find out what causes you to spend and learn how to avoid the types of overspending that lead to debt.

Just one payday loan can be the start of an endless cycle that leads to thousands of dollars in debt. Find out why you should avoid payday loans at all costs.

Learn to recognize the signs of bankruptcy and stop the process before it gets worse.

Stores are getting better at getting you to spend even when you weren't planning to. Learn to recognize these tricks and curb the spending that can lead to debt.

During the holiday season, it's easier to get into credit card debt because you're more likely to spend. Read tips on how to avoid holiday credit card debt.

Living paycheck to paycheck is an uneasy feeling since you're often worried about how you're going to make ends meet. Learn how you can stop living paycheck to paycheck.

To live a financially responsible life means you’re living within your means. That is, you’re not spending more money than you make. For many people, it’s a lot easier said than done. Using credit cards and loans allows you to buy more things than your income will allow. That kind of lifestyle isn’t sustainable and, at some point, your debt will...

A little debt won’t hurt, will it? That’s how it starts. You make a small purchase on your credit card and the next thing you know you have thousands of dollars in debt. But, what exactly is wrong with having a little – or a lot – of debt? A lot, a

Many plans to pay off debt fail because there’s no clear motivation behind them. Or, they began with motivation, but it was forgotten before the plan could be carried out. If you want to get out of debt behind it, you have to think about the reasons you want to get out of debt. How will you benefit by paying off your outstanding bills? What can...