Personal Finance Advice and Commentary

Tuesday, February 15, 2011 3:22 pm
By Lucy Lazarony · Bankrate.com

When it comes to consumer credit card debt, some cities and states have been hit much harder than others. A study from Equifax, a national credit reporting agency, reveals that the top 50 metropolitan statistical areas with the heaviest credit card debt burdens are clustered in six states: California, Texas, Florida, Ohio, North Carolina and

Monday, January 24, 2011 2:09 pm
By Lucy Lazarony · Bankrate.com

Americans chipped away at credit card debt in 2010. According to a study by Credit Karma, from January to December, consumer credit card debt dropped by 8 percent nationally to $7,404. And folks in eight states slashed card debt by more than the 8 percent national decline. Consumers in California, Colorado, Connecticut, Indiana, Oklahoma and

Monday, January 03, 2011 3:51 pm
By Lucy Lazarony · Bankrate.com

It’s a new year, and it’s a good time to turn over a new leaf when it comes to managing your credit cards. First, get a handle on your credit card debt. Now is the time to tally up all those credit card balances. How much additional damage did you do with all your holiday

Thursday, December 16, 2010 10:00 am
By Lucy Lazarony · Bankrate.com

You have limited money left over each month. Should you put that money toward your credit card debt or should you focus on building up your savings? What’s the best financial move for you? Consider one of these strategies. Boost your bottom line. From a purely dollar and cents standpoint, paying down credit card debt

Monday, November 15, 2010 11:35 am
By Lucy Lazarony · Bankrate.com

Lingering credit card debt got you down? These simple but effective pay-down strategies will help you chip away at even the most stubborn credit card debt. Pick and choose the tips that work best for you. Pay off the credit card balance with the highest APR first. This strategy makes the most financial sense. The card