Traditionally a credit card was meant as a way to be able to stretch that little bit further to make a big purchase and then pay it off as the money came in. What innocent times those were? Now living in debt because of credit cards is the normal situation rather than an anomaly. Young [...]
Scenario: I have around $25,000 in credit card debts. Will it be a wise move to use my 401K money and pay off the cc debt? The total amount of cash in the 401K account is 45,000. I am behind on many of the payments and wish to get out of debt asap. Please advice.Solution: [...]
There are many people that have been hurt by credit cards and their credit card debt. There is a lot of good advice on what to do about this type of debt. But the real issue is the card companies themselves. Be careful because a lot of them just want to milk you for all [...]
