We're still able to make it financially, but extra payments to our credit card debt is going to have to hold on a bit. We were going along like gangbusters last year paying off debt at a pretty nice clip.  We started 2010 owing $23,587.53 in credit card debt.  On December 31st, 2010, the balance was $15,541.76.  We managed to pay off over $8000 in credit card debt last year, I am really impressed with our accomplishment.  I had hoped… Read the rest

I don't use credit cards a lot, and haven't had much experience with rewards cards.  But when Mr. A opened his business checking accounts in April 2009, he applied for and was given a rewards credit card.  As a “reward” for opening the account he was awarded with an initial 2500 points.  We were content to let the points sit there and build and in the 22 months he's built up a lot of points. 50,091 to be exact. I've… Read the rest

One of my friends called me today, very upset about a situation going on with her mother. I can't really go into much detail, since I don't know much.  I do know that her father passed away five years ago and there wasn't any retirement money. Her mom's health is failing, she is in her seventies, with no retirement or savings. Her mother nets about $1400 since $400 of it is being garnished by one credit card company.  Another is… Read the rest

Last weekend I was paying credit cards like I always do around the 15th of the month.  I was able to log into my Chase account, but they were doing some kind of maintenance on the site and balances, the option to pay, see statements, etc. was not available for the weekend so I thought I'd just make the payment in a few days, since all of my accounts are due in the first week of the next month. I… Read the rest