Some small businesses trying to keep their business alive and growing in the early days of America’s economic crisis fell victim to a stealth killer – business credit card debt. They found it easier to use a business credit card than attempting to get a small business loan. However, when the downturn overtook the economy in their immediate vicinity, they found themselves high and dry financially and incapable of handling their business credit card debt.
Read more on Is Business Credit Card Debt America’s Silent Economy Killer?…
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Tags: credit cards · Debt
Recently someone told me that they had been trying to pay off their credit card debt. They had been paying on it for over ten years, and the end was still not in sight. The debt had begun back in college days, and since that time this person had married, had a couple of kids, incurred a couple of car loans, and a nice, fat mortgage to deal with each month. The impossibility of paying off the credit card debt seemed quite likely for him.
Read more on Settling Credit Card Debt Is Not An Impossibility…
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Tags: credit cards · Get Out Of Debt
