While we don’t have any credit card debt now, except for 0 APR balance transfers, there was a time when we did. While we never let our credit cards get completely out of control, we did build up several thousand dollars on our credit cards when I first got out of college. So having gotten into card debt and then climbed out of it, we’ve learned many of the causes of this financial pain. The fact is, we can talk ourselves into using our credit cards in ways that will hurt our finances down the road. So here are 10 lies we tell ourselves that get us in credit card debt and keep us there.

Hedge funds can generate massive returns in relatively short periods of time, and they can also go into financial crises just as quickly. What kind of investments can produce such diverse returns? One answer is distressed debt. The term can be loosely defined as the debt of companies that have filed for bankruptcy or have a significant chance of filing for bankruptcy in the near future.

Banks and brokerages are enhancing their credit-card reward programs to help customers save more for retirement and reduce their debt. Wells Fargo & Co. is rolling out cash-back credit cards that automatically apply the rebates to pay down loan balances at the bank, while Fidelity Investments unveiled a new Retirement Rewards Card that will apply a 2% rebate earned on purchases to a Fidelity Individual Retirement Account.

If you can remember and understand the following three financial formulas, you’ll be well on your way to building wealth. They’re not complicated, they’re not fancy, but they will put you ahead of 90% of the population. Well, I don’t really know that 90% figure is true, but it sure seems that way!

Hedge funds can generate massive returns in relatively short periods of time, and they can also go into financial crises just as quickly. What kind of investments can produce such diverse returns? One answer is distressed debt. The term can be loosely defined as the debt of companies that have filed for bankruptcy or have a significant chance of filing for bankruptcy in the near future.

We’ve all heard the call: pay off your credit card debt! This current financial crisis is going to result in tighter lending standards, higher interest rates, and also golden opportunities to invest the cash you’re currently using to pay off debt. Hopefully everyone with debt knows the basics: stop using the card; take it out of your wallet; pay off the highest interest rate first; and pay more than the minimums. This is all great advice, but here are five more ways to pay off your debt even faster.

I don’t understand all the dominoes in the financial crisis. In situations like this, it’s helpful to step away and look at general principles: never mind the pieces, what’s the “gravity” that makes them fall? And fall so hard? Leverage. Leverage is debt used for investment purposes, and is extremely important. Why?

Your credit history is one of the most important pieces of personal information that you have because it is used in many different parts of your life.  An error in your credit history could end up costing you hundreds of dollars in additional interest payments, get you turned down for a loan, have your job application rejected, or disqualify you from renting a particular apartment.  Experts estimate that nearly 25% of adults have errors in their credit history through no fault of their own.  To fix errors that have been placed in your credit history, there are several steps t

With so many families struggling just to buy gas to get to work and groceries for your family, there is all likelihood that the worst-case scenario will hit many. Repossession due to the lack of funds to keep up with bills can be embarrassing process but one that many people may face with the state of the economy and the lack of good paying jobs.

Struggling with too much credit card debt? You’re not alone. Unfortunately, having too much credit card debt can make you feel like you’re the only one with this burden. Here’s how to legally clear your credit card debt.