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Reducing the High Cost of Credit Card Debt

Consumers pay over $100 billion every year on credit card interest charges and fees. We explain how to minimize the high cost of credit card debt.

Depressed woman willing to divorce thinking in bed

What is Economic Abuse?

Economic abuse affects millions of Americans annually. We explain what economic abuse is and give examples that reveal the extent of this abuse in the US.

Best Way to Pay Off Credit Card Debt – Snowball, Avalanche, or Snowflake?

Credit card debt in the U.S. now topples over $1 trillion and the average credit card per household is over $8,000. While many of us endeavor to pay back our debt, some of us gain much more success than others. Why is that? Is there a correlation between debt reduction strategy and personality?

74% of Americans are Getting Married with Debt

A survey of 1,000 couples set to get married in the next 12 months found 3 out of 4 couples will go into debt to tie the knot. And most, 61 percent, say they will use credit cards to pay. But is starting married life saddled with debt a good idea? Here’s what the wedding experts at the Knot say and what Consolidated Credit’s financial expert says. Here are some tips on what you can do to cut cost if you’re getting hitched.

Can You Afford the Cost of Debt?

Another interest rate hike by the Federal Reserve means that the cost of debt for consumers just got higher again. WalletHub has revised their map of cities with the most and least sustainable credit card balances. Can you still afford to pay off your debt in a cost-effective way or do you need debt relief?

Don’t Loan Credit Cards!

If you thought lending money to family was a bad idea, consider that 36 million Americans admit they’ve run into trouble when they decided to loan credit cards to friends and family. Learn why it’s a bad idea and what you can do instead to help someone out.

10 Tips for Financial Spring Cleaning

We offer 10 financial spring cleaning tips so you can adjust your budget, find ways to cut costs and get your finances ready for summer and the two biggest shopping seasons at the end of the year. Are your finances ready?

Ronnie Pays Off $50K in Credit Card Debt and Swears Off Credit Cards

Many of us enjoy the convenience of swiping our credit cards. But, too much swiping can lead to serious debt problems. See how Ronnie paid off over $40,000.

How Althea Paid Off 20K In Credit Card Debt

Althea's $20K credit card debt were a result of repairs to her floors and what she calls "material foolishness".Consolidated Credit helped her pay it off.

Infographic: Avoiding Olympic-Sized Debt

The Summer Olympic games are here.While many will watch from their homes, others will travel to Rio. Budget‬ carefully to avoid Olympic-Sized Debt.

Consolidated Helped Mark C. avert 2nd Bankruptcy

How Mark C. paid off his $10K credit card debt through debt management and averted another bankruptcy. He says he will never be in debt again.

Infographic: Hispanic Perspectives on Credit Card Debt

Credit card usage is not as prevalent in Latin American countries as it is in the U.S. How do Hispanics in the U.S. feel about credit cards and revolving debt? Consolidated Credit wanted to know so they asked. What they found is encouraging. This infographic illustrates the results.

Distraction over Debt Almost Ends in Disaster

Debt problems can consume our thoughts and throw us off our focus. Susie can attest. Coming home from work one day, Susie was so distracted by her debt problems that she forgot to put the car in park before exiting. As her life flashed before her eyes, so did the bills, more bills. Consolidated Credit helped Susie regain focus and control of her finances.

A debt consolidation loan consolidates credit card debt

DIY Thursdays: Using a Do-It-Yourself Debt Consolidation Loan

I used a personal debt consolidation loan to consolidate my credit cards on my own. Here’s what I learned and how it solved my debt and credit challenges.

When Forced Early Retirement Ends in Debt Problems

When Wanda was forced into early retirement, she was still holding $50,000 in credit card debt. See how Consolidated Credit helped her eliminate her debt.

When Compassion and Altruism Ends in Debt

Margaret had a giving heart, but giving to others was bad for her budget. When altruism ends in debt, it's time to adjust your habits and stop charging.

23 Credit Cards Almost Cost Diane Her Marriage

Money problems caused by credit cards are a leading causes of divorce. Consolidated Credit helped Diane regain control of both her debt and marriage.

Client Profile: Donna G.

The holiday shopping season is in full swing. As you go about getting presents for loved ones, remember to stay on budget or you will end up with a debt hangover come next year. We helped our client Donna get out of credit card debt and now she’s banned her husband from spending thousands on Christmas […]

Gain financial success in spite of limited means

How to Gain Financial Success Even When Money is Scarce

You might feel limited by a tight budget, but with the right strategy you can gain financial success even when money is scarce. Here's how you get ahead.

Tax Refund: 5 Good vs. Better Ways to Use It

If you're receiving a tax refund this year, we have some suggestions on how you can use your refund to advance your financial outlook instead of wasting it.