Bill Losey reveals the better ways to pay down debt.
float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/chadwick_p_100.jpg110010000truehttp://msnbcmedia.msn.comfalse1Pfalsefalse left/CNBC/Components/Images/spacer.gif1109500lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalse Patricia Chadwick Founder andPresidentRavengate Partners LLCSome of you may have received an ‘invitation’ from American Express over the last week or so to pay off your entire account balance and to close your account, and in return you will receive a $300 prepaid gift card. The $300 lure from American Express may be the most expensive ‘gift’ you ever received.
On Jan. 29, 2009, a quiet event took place that will shape the future credit opportunities for hundreds of millions of Americans. John Ulzheimer reveals what it means to you.
But there's a silver lining for you to make the most of your miles.
As the economy continues to struggle, the public is growing increasingly concerned about losing jobs, not having enough money to pay the bills and seeing their retirement accounts shrink, according to an Associated Press-GfK poll.
NOT SEEN ON T.V.: Find out the biggest factors that affect your FICO.
ON TONIGHT'S SHOW: How one law can help consumers get harassing lenders off their backs.
I keep looking for signs of economic light at the end of the tunnel, and yet this credit card crisis scares me too much to get hopeful yet, says Patricia Chadwick, founder & president of Ravengate Partners.
In the world of credit scoring it's hard to have too many credit cards, and too easy not to have enough, says John Ulzheimer.
While private label cards account for only about 11 percent of all credit card loans outstanding, their troubles offer a window into the deteriorating finances of some of the most distressed Americans., the New York Times reports
Your credit card company has no problem profiling you based on where you swipe your plastic.
NOT SEEN ON T.V.: John Ulzheimer reveals three little known ways your credit reports can be accessed without your permission.
No, Carmen says. The only person who can repair your credit is you.
John Ulzheimer exclusively learns that the move will make managing credit scores more difficult for consumers as it eliminates access to one of the three FICO credit scores.
John Ulzheimer reveals the truth about credit card usage.
NOT SEEN ON T.V.: Did you know that your credit card company can lower your limit based on where you shop?
John Ulzheimer says 'welcome to the club.' Here's how consumers can fight back when their credit limits are lowered and minimum payments raised.
This tool demystifies your plastic. Use it as a way to make a plan for paying off debt, once and for all.
Carmen weighs the options for one couple who feel like they're drowning in debt.
John Ulzheimer explains the pros and cons to filing for chapter 7 if you're in too deep with your lenders.