Category Archives: credit card debt

Bankruptcy

Terrible Debt Relief Advice from Suzie Orman

Wow, Suzie Orman really told an 81 year-old woman, who earns only a fixed $600 a month from social secu­rity, to make sure she pro­tects her FICO score and con­tinue to pay the min­i­mum bal­ances on her credit cards. In the Oprah Mag­a­zine this month, Ms. Orman was asked, “After tak­ing out cash […]

consumer debt

Can a Credit card company take your car away?

Many con­sumers may not real­ize that ignor­ing their credit card bills can have much larger ram­i­fi­ca­tions then sim­ply bad credit.  Recently in Mass­a­chu­setts as well as many other states, credit card com­pa­nies and other unse­cured cred­i­tors have been fight­ing back, although in many cases unlaw­fully, by tak­ing pos­ses­sion of their […]