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Special Offer: Order an American Express Prepaid Card between August 1-31st, load $200 or more at the time of order, and receive a complimentary $25 Gift Card. Offer ends August 31, 2012.posted by creditq on Thursday, August 02, 2012
The signs are clear: student loan debt is proving a greater and greater drag on our economy, stymying economic growth. The signs are everywhere: from millions of young Americans choosing to return homposted by creditq on Monday, June 11, 2012
Demos, a research think tank promoting economic equity, just released a report created from its survey of American credit card use. Unfortunately, the findings are unsettling.posted by creditq on Wednesday, May 23, 2012
The signs are clear: student Loan debt is proving a greater and greater drag on our economy, stymying economic growth. The signs are everywhere: from millions of young Americans choosing to return home to live with parents (foregoing the purchase of real estate), to the rate of delinquency rising 42 percent in less than a decade, it’s clear that student loan debt is becoming an increasingly important factor in our economic recovery. If the U.S. is to avoid the student loan bubble bursting, similar to what occurred within the housing sector four years ago, the time to act is now.
Demos, a research think tank promoting economic equity, just released a report created from its survey of American Credit Card use. Unfortunately, the findings are unsettling.
If you find yourself in a situation of short-term financial hardship, running up that credit card is usually a quick and easy “solution”. However, being in possession of maxed-out and high-balance Credit Cards will weaken your ability to survive any looming financial storms.
There has never been a more suitable time to get your financial house in order. While most of us cannot control whether we will have a job in a year, and we can’t reduce the fluctuations in the Stock Market, lowering our consumer debt is one thing we can certainly work towards. Being financially stable tomorrow depends on our willingness to make financially sound decisions today. This is particularly true in these economic times, and for most of us, getting out of debt is now more important than ever before.