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It's an unfortunate fact that most students never get formal
lessons in managing their credit and debt. For many young
people, their first brush with being responsible credit card
users won't come till they are in college - away from home and
the guidance of mom and dad. The moment they step on campus, new
college students will be wooed by major credit card companies,
all of them eager to establish themselves as 'the first card in
your wallet'.
If your child will be going off to college in the ...
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It sounds like a no-brainer. You receive your credit card in the
mail, along with a note that tells you, among other things, to
sign the back of your credit card immediately. Lately, people
have seriously questioned this course of action, pointing out
that if your card is stolen, a thief then has a perfect copy of
your signature to duplicate. Instead, say many, in the space for
your signature on a credit card, you should write 'Ask for Photo
I.D.'
It sounds like good advice. But what do the ...
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People often get to a place where they simply can't pay their
bills, especially in today's economy which is not particularly
sympathetic toward the poor or even the middle class. Inflation
has impacted nearly every facet of daily life including food,
gas, rent, clothes, utility bills and more. At the same time,
salaries, especially in the lower ranges, have utterly failed to
keep pace. When you get to the place where you cannot pay your
bills and have money left over for food and other ...
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Ah, credit card debt. You've asked yourself the question many
times, "Will I ever get credit again?" The answer, although
seemingly complex, is quite simple: Yes. You can have another
chance at re-establishing your credit. Filing bankruptcy is the
first intelligent step taken to wiping out accrued credit card
debt. The next step you'll have to take is to repair your credit
report. In order to do this, you'll need to develop great
patience while you're re-establishing your credit, as ...
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A credit card is a form of borrowing that often involves
charges. Credit terms and conditions affect your overall cost.
So it's wise to compare terms and fees before you agree to open
a credit or charge card account. The following are some
important terms to consider that generally must be disclosed in
credit card applications or in solicitations that require no
application. You also may want to ask about these terms when
you're shopping for a card.
If you don't understand the language, credit ...
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