New credit card rules went into effect in 2010, requiring that your monthly credit card statement include important information about how long it will take you to get out of debt if you only pay the minimum payment and what payment you need to make to become debt-free in three years. We show you how to use this information to your advantage to help you come up with an actionable “get out of debt plan” for the next three years.
Tag: credit card dept
Welcome to Quizzle’s Top Money Tips Roundup, where you’ll find this week’s top five most interesting, helpful and unique personal finance articles from around the Web. This week’s edition covers debt – how to get out of debt, how to break the debt-cycle, how to avoid getting into debt in the first place and how to wrap up your year financially.
When Jennifer and Rob came to my office, they were desperate and despondent. With three young children and a boatload of credit card debt, they felt they were helpless to improve their life. They had tried to change their free-spending ways, but felt like failures, adrift, fighting against the current of continual financial stress. If you’ve ever felt the weight of financial stress, try the GAT method before money ruins your life. Certified Financial Planner®, Tammy Kraig, explains how this works.