Credit card consolidation seems to be the most talked about term in the world of credit cards. It is true that credit cards have been very useful and convenient for us and we, in fact, treat the credit card as a necessity. However, with every good you have evil too. In the world of credit cards, ‘Credit card debt’ is that evil and ‘Credit card debt...

You must have felt burdened by an unanticipated expense many times in your life such as a huge car repair bill or a medical bill. What is the best way to handle such an expense when you are already short on cash? Should you pay for it using your credit card and pay for it along with a huge interest. If you don’t have a credit card and have maxed out on all...

IVAs (Individual Voluntary Arrangements) are a formal, legally binding debt solution – a form of insolvency. They are seen by many as a preferable alternative to bankruptcy (this is partly because an IVA is very unlikely to force the sale of your home, while bankruptcy is almost certain to). If you can’t afford to repay your unsecured debts within a...