Archive for the 'Credit Cards' Category

Slowly But Surely

Slowly but surely. That’s how this is going down.
This month I managed to only bring down my debt by $266.19. This is due to my declining income this month and the high interested rate credit cards. I have two of those right now. But I will not for much longer. This week I asked for [...]

My Debt Progress

This month I knocked off $522.34, peanuts, but hey it slow going from here on.
My total debt still hovers over $18,000.00. Wish I could dump more on this debt.
I don’t have much to post about, it’s been a quite month for me as far as keeping my spending down.
But I did learn something new. Did [...]

My Debt Progress

This month I knocked off $1036.28 from all my credit card debt. Since I started this blog I have knocked off a total of $1,860.12 from my total credit card debt. Not bad, considering that I actually used them again.
But, life always gets in the way, doesn’t it?
I am going to try my hardest to [...]

Do I Dare Hope?

Do I dare hope that this time the Feds are actually moving to help the citizens of this nation with real action, instead of pandering, that will help most of us working peons from being abused to no end by the predatory credit card issuers?
The industry is already in full swing trying desperately to stop [...]

Government To Curb Credit Card Abuses?

The U.S. Office of Thrift Supervision is crafting rules to protect consumers from abusive credit card practices:
WASHINGTON (Reuters) - The U.S. Office of Thrift Supervision is crafting rules to protect consumers from abusive credit card practices such as retroactive rate increases, the agency’s deputy director told lawmakers on Thursday (April 14, 2008).
I don’t know if [...]

I Am In Debt, But Not Like This

I feel better about my debt now. I am not using my credit cards to get by. This is got to be one of the worst places to be in life. Borrowing to eat and be able to get to work?
US deep in debt and still digging
All the numbers say the average debtor in the [...]

I Am Not Surprised, Are You?

Today on MSNBC, Herb Weisbaum writes an article concerning the continuing abusive practices of the credit card industry. I am not surprised at all that nothing has happened.
Frankly, I doubt that anything will be done. Not until consumers/voters tell their senators (who, in my opinion, have been in power for way too long to [...]

Life Gets In The Way

Well, it’s official. I have only paid down $492.50 of my total credit card debt.
Pathetic!
I had a plan that was going to see me put a real big dent on my credit card debt. But… life got in the way.
Life always finds a way to crush the best laid plans. Doesn’t it?
Well, at least my net worth has [...]

My State Of Debt: First Report

The good news:
This is my first report on the status of my debt and net worth since I started my debt blog. The good news is that because of my recent investment my net worth improved by $846.41 down to minus $17,096.00.
The bad news:
Because I didn’t pay one of my credit cards this month, due to [...]

Evil Credit Card Companies

I was perusing Google news when I came upon the article Your Credit Card Company is Playing Evil Tricks on You at the American Chronicle website.
Although I had not seen my credit report history for over two years, this seems to be another reason for why one should. I did, eventually, go over mine about [...]