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May 2015 Archives

Pointers for using credit after filing for bankruptcy

Using credit wisely is a good habit to have regardless of your financial situation. We recently discussed how using credit can turn into a vicious cycle. That is certainly true if you are starting to use credit after you have filed for bankruptcy.

The vicious cycle of credit card debt

Getting into credit card debt for some consumers is a vicious cycle that seems to be never-ending. Many people find that they rely on credit cards if they lose a job or have to take off of work. The credit card becomes the lifeline for food, utilities, housing, medical care and other necessities.

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