Someone had said that if you want to know about the righteousness of your actions, all you have to do is ask if you would mind if the whole world knew about it! Well all of us certainly do not apply this rule to the ‘decision making’ part of our life. Why not apply it to personal finance and see of what gain it could be?

We all know that using credit card could be a tricky business. Every purchase you make is being tracked by the bankers and accordingly your credit score and cash limit is adjusted. So i suggest you to avoid using credit cards for 5 unique situations by which you could avoid lowering your credit score or credit limit.

Read the full story

The Federal Reserve reported that there was a7.51% rise in the credit card charge-off rate during the beginning of 2009, which was a record in itself, which meant that approximately out of every 13 credit card holders, 1 was a defaulter. Besides about 6,020 cases of bankruptcy were filed in May, which was 33% higher than the previous year. One of the strongest and leading online credit card market place, The CardHub .com has added Credit Card Debt Center , to it’s site, to solve the queries of hoards of consumers who are facing this dilemma. Card Hub which was launched in July 2008, has brought about a drastic change in the process of consumer selection for services provided in personal finances.

The two main features of Credit Card Debt Centre are, Debt Help and Debt Education.

Read the full story