|
||||||
|
|
A lock down on credit cards may not be as good as it sounds… 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, [...] 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 [...] 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 [...] 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. |
 
|
||||
|
Copyright © 2010 Simple Debt-Free Finance - All Rights Reserved |
||||||
Popular Posts