Simple Debt-Free Finance

A Simple Approach to Getting Out of Debt & Into Wealth

How The Credit CARD Act Of 2009 Might Be A Bad Deal.

The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 has received much favorable press since it was enacted, and rightfully so in many cases.
There have been cases where unethical credit card companies have attempted to skirt the new regulations, but here’s another why in which the new regulations may negatively impact credit card [...]

Anna Nicole Smith’s Bizarre Bankruptcy Claim.

I don’t usually post about celebrity news, but occasionally a “celebrity in debt” kind of story catches my attention.
Today, I came across this story about Anna Nicole Smith’s bankruptcy that was about the strangest thing I’d read since… well, since Michael Jackson was in the news.
For starters, we have the classic celebrity in debt quote:
In [...]

How Important Is Your Credit Score, Really?

A lot has been written about the importance of your credit score, but how important is it really?
It all depends on what you’re doing in your life at any given time. For example, if you’re thinking of buying a home in the next few months, then your credit score is extremely important because it will [...]

Frightening U.S. Credit Card Debt Graphic!

Here’s an absolutely frightening graphic showing the growth of credit card debt in the U.S. from 1970 to today (and beyond).

The graphic is courtesy of Man vs. Debt.
I think it really hammers home two points:

How much the American consumer has become dependent on credit cards over the past 40 years.
That the increase in the amount [...]

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    The information and opinions provided on this site do not constitute professional advice. This blog is intended to provide general information only about the author's own personal financial journey. While all information shared here is believed to be accurate, the owner/operator of this website specifically disclaims all warranties expressed, implied or statutory, regarding the accuracy, timeliness, and/or completeness of the information contained herein. You are advised to discuss your specific requirements with an independent financial adviser. All posts are © 2008-2011, Simple Debt Free Finance.
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