All About Debts Blog 22 July 2008

22 July 2008

7 Critical Home Buying Mistakes to Avoid and By Card Credit Debt Guide

Posted by James Breen at 7/22/2008 2:18:00 AM

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By Joseph Then Are you frustrated by always having to deal with financial issues? Not enough cash for this, not enough cash for that. Well, if you plan your personal finance properly, this would not be a problem. What do I mean by personal finance? Well, personal finance covers a lot of money topics. This usually includes budgeting, your expenses, debts, savings, retirement and many others. Basically, personal finance means you personal financial management. However, first you need to ..[next].

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Posted at 2:18 0 comments

Credit card and even more so Store card interest are set at exorbitant rates for one reason alone, companies make their money from the consumer’s inability to settle their card balances. Credit card debt is unsecured, whereas other debt like your mortgage is secured (your home acts as security against your debt). With credit card debt, there is no backing security, which means that credit card debt is high risk for banks and hence the high interest rates

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