It doesn’t surprise me. People generally underestimate what they’re going to spend for the holidays.

You can chastise [high-risk lenders], but you could also say that some people deserve a second chance and would have no other access to credit without them. At some point, there has to be some...

If you’re opening a card and then paying it off and closing it, that’s not really building a credit history for you.

Just because somebody will approve you, that doesn’t mean you can afford it.

While it’s great that many Americans have been able to reduce their overall credit card debt, let’s hope we don’t wake up to a holiday hangover when the credit card bills for this holiday season...

Money can be as addictive as lots of other things — drugs, sex, alcohol. There are truly money disorders.

The problem is, they’re variable.

So many people that wait until the last minute buy all these things with money they don’t have.

I wouldn’t panic just because interest rates go up a quarter point, You should review your finances and see if there are areas I can cut back, areas I don’t use.

Low interest cards inevitably change.

Who wants to be out with your friends or business clients and have that happen — ‘Do you have another card, sir? ‘ You feel like a loser — when it can be completely beyond...

People run up credit cards to live a certain lifestyle and when the cards run out, so does the lifestyle. If you live a life on borrowed money, it’s going to catch up with you.

You should expect that at some time you’re going to have a credit card rejected.

When it comes to credit, one lesson people have never learned worldwide is simply because somebody extends credit to you has nothing to do with your ability to afford it.

If they don’t let you do it, that may be a warning sign and you may want to go somewhere else.

The UK has adopted the American habit of credit with vigor, and consequently consumers are rapidly getting in over their heads.

They do fill a need. They are in areas where there are no banks, where the banks have pulled out of.

More than 50 percent of the people who file bankruptcy file it incorrectly, and it is unnecessary in many of the cases. They have plenty of money to pay their bills, but are too disorganized.

If you have lived a lifestyle where you find it OK not to save and you live month to month, then $2,000 must seem like a bag of gold falling from the sky.

Our program takes into account past financial history, current history, and we develop a settlement plan which usually requires concessions from the lenders.