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5 Important Lessons about Credit that Most People Learn the Hard Way

By Kris Bickell, on February 19, 2012 Years ago I had a co-worker who had a saying: credit cards don’t come with instructions! How true. On the one hand having a credit card makes buying so easy. Just hand over your card, and worry about paying later. No need to carry cash. No need to […]

1099-C surprise: IRS tax follows canceled debt

Forgiven credit card debt may be taxable income By Connie Prater If you thought your money woes ended last year when you settled that credit card debt, think again. Avoiding 1099-C tax problems What you should know: Have you negotiated with a creditor to pay less than you owe on a credit card debt? The […]

Credit cards: How to avoid getting tricked this holiday season

Dec 2 (Reuters) – ‘Tis the season to charge it. Pay a little now, finance the rest with credit cards. If you’re like a lot of people, that might sound like a good deal for holiday shopping. “We spend more in this five-week week period than in the collective 47 weeks that lead up to […]

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