Many Tennessee residents try their hardest to get ahead financially, but are hampered by credit card debt. Many people have multiple credit cards and if each card carries a balance, a large percentage of their income goes toward minimum payments. Plus, it can be...
Credit Card Debt
Excessive credit card debt makes bankruptcy a viable option
Regardless of how many people have gone through it -- including many famous and wealthy people -- the idea of filing for bankruptcy still leaves a lot of people cold. Even if it might lead to a brighter and better financial life on the other side, some people can't...
Many young people say no degree preferable to large student loans
Many people in Tennessee who find themselves struggling to pay the bills often are in the situation not because of a lack of income but because their income is being stretched too many different ways. Between mortgage payments, medical bills and credit card debt,...
Data shows that Americans paying bills on time as debt rises
According to an analysis of consumer-credit data, Americans have more credit card debt than they did a year ago, but it appears that people are nonetheless paying their credit card bills on time. The data shows that, while credit card debt rose 6 percent from last...
Capital One to pay $12 million over illegal military foreclosures
In the United States, deployed military service members are entitled to certain rights with regard to secured and unsecured debt. Under the Servicemembers Civil Relief Act, deployed soldiers are entitled to a reduced credit card debt interest rate during deployment,...
Forced arbitration case accuses financial companies of collusion
There are so many Tennessee residents dealing with the prospects of a personal bankruptcy case. A bankruptcy filing can discharge certain debts and stop harassing calls from collectors. Some of these debts and calls are from credit card companies, many of which have...
