Women more receptive to credit help than men

While many people may be generally hesitant to ask for credit help or even contact a credit repair law firm, genders may tell their own story. Women may be more likely to ask any number of people for advice on financial topics than men. Not only are women more likely to look to someone for […]

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Online spending increases markedly during holidays

The level of consumer spending for the latter part of the year ramped up recently. However, this could suggest consumers are piling up a significant amount of credit card debt, which may hurt their credit score. Spending online for the past month rose to more than $21 billion, which was 14 percent higher than the […]

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Smartphone popularity growth for consumer payments likely to continue to grow

More consumers are using smartphones as a transaction tool, and this could increase significantly in the coming months and years. This could eventually transform payments for merchandise to the point where both cash and physical credit and debit cards are phased out. A total of 13 percent of consumers noted they paid for products with […]

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Shoppers worry about debt issues, plan to curb spending

The level of spending from consumers regarding credit debt increased in recent months, which could force some of them to shop a bit less this holiday season. Credit card debt is the most pressing concern among consumers, according to a report from myFICO. Close to two-thirds noted they will spend fewer than $500 on credit […]

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New credit scores making more borrowers creditworthy

Millions of Americans may have had difficulties getting approved for particular lines of credit they may have wanted in years past due to limited borrowing histories, but new efforts by the three major credit reporting agencies may give them a better chance going forward. Not having much of a credit history was considered a major […]

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Holiday credit card debt looming for millions

In the coming month, millions of consumers will spend large amounts of money making sure they buy all the gifts they feel the people on their holiday shopping lists need. But doing so leads many Americans into hundreds or even thousands of dollars worth of credit card debt, and that can create huge financial problems […]

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Avoiding credit card fraud in the holiday season

When the holiday season rolls around, millions of consumers across the country face very real financial challenges when it comes to buying gifts for everyone on their shopping lists. However, these problems can be exacerbated significantly in the event of identity theft. During the holiday season, with people eager to find the best possible deals […]

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