Entries Categorized as 'Debt Reduction'

Carnival of Debt Reduction #135

Date April 14, 2008

Good morning and welcome to the 135th Carnival of Debt Reduction.
Before we jump into the carnival itself…
If you’re new to Credit Addict then welcome! If not, then welcome back!
For those of you that aren’t familiar with Credit Addict, this site is an outgrowth FiveCentNickel. It was launched just three and half months ago, during which [...]

Beware the Promise of “Interest-Free” Purchases

Date April 9, 2008

Have you ever been tempted to take advantage of an interest-free offer from a retailer? Just think… You’ve saved and saved for that new bedroom set, and now they’re offering you a chance to leave that money in your high-yield savings account so you can keep earning interest for 12 (or more) months while enjoying [...]

Dealing With ‘Debt Hangover’

Date January 4, 2008

‘Tis the season… To start paying off your holiday bills, that is. According to a recent AP news article:
Even before the 2007 holiday spending season began, Americans added more than $50 billion to their credit cards in the first 10 months of the year to reach a record total of $928.5 billion in October, according [...]