Call for a free bankruptcy consultation

Louisville |

502-485-9200

New Albany |

812-945-9200
Schwartz Bankruptcy Law Center

Credit Cards Archives

Common credit card marketing tricks to bait consumers into debt

It's no coincidence how turning 18-years-old can make you a visible target for credit card offers. The hype and allure is all over the marketing material that appears to give young consumers an easy way to get what they want apart from their parents help. Unfortunately, the debt trap is cunningly set for people of all ages, but especially those who are young and uneducated on personal finance.

Is it a good idea to combine credit card debt?

If you have been having financial difficulties and have a large amount of credit card debt, it can be easy to assume that debt consolidation is a good idea. Through television and radio ads, people are inundated with various debt relief and debt counseling messages.

Preparing for Your Credit Counseling Session

As a part of your bankruptcy action you will be required to go through a credit counseling session. This may seem useless to you considering the bad financial situation that you are in, which has led you to having to go bankrupt. However, the bankruptcy courts feel that this is important for your future to help ward off getting into this type of financial difficulty again.

The 3 Best Credit Cards for Students

With the 2009 Credit Card Reform Act now in place for half a decade, credit card companies can now evaluate applicants on their ability to pay their bills, which means card owners must have savings or income. For college students and young adults, these criteria can be difficult to meet - but this doesn't mean there are no reasonable credit cards available. The best credit cards for students have excellent rewards programs, no annual fee, and reasonable interest rates. Here are three of our favorites:

Why Your Credit Score is Low

Boosting your credit score can be a tricky process and often a difficult one to undertake successfully. One mistake can send your score spiraling down, while building it back up can take a long time and hard work. The following are a few of the reasons why your score might be low, even if you've been following all of the right rules.

Credit vs Debit Cards

Remember when most of your purchases were made by cash or check? And you balanced your budget using a check register? Those days seem gone to the past, which leaves us to wonder whether the switch to more convenient spending using plastic has had any effect on how we manage our money. For most of us, staying within our budget and out of debt isn't always easy. So which of the two types of plastic is better for your finances?

Email Us For a Response

Need A Solution To Your Debt Problems?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Make A Payment
Schwartz Bankruptcy Law Center

Office Locations:

Louisville Office
3339 Taylorsville Road
Louisville, KY 40205

Phone: 502-485-9200
Fax: 502-485-9220
Louisville Law Office Map

New Albany Office
501 State Street
New Albany, Indiana 47150

Phone: 812-945-9200
Fax: 502-485-9220
Map & Directions

Phone:

LOUISVILLE |

NEW ALBANY |

Fax: