Many Michigan families rely on credit cards to supplement their incomes or to fund emergencies. Credit card debt affects millions of Americans and is a common reason people go into debt or file bankruptcy. Filing bankruptcy is a tough decision many people face, and...
We have all had it happen at one point in our lives. Credit card debts get too high or a job loss causes you to fall behind in your obligations. Whatever the reason for your current credit hardships, Michigan residents have different choices on how to recover from...
Many Michigan residents have to face the challenges of living without at least one credit card. Moments between paydays and unexpected expenses like car repairs practically demand an additional income resource. It’s worth noting that the average American has a minimum...
There is a good chance that you have used a credit card to buy groceries, gas or furnishings for your Michigan home. Although access to consumer credit can provide you with financial flexibility, it can also saddle you with a balance that can be difficult to repay....
If you have credit card debt, it's important to immediately take steps toward paying it off. Researching your options is the first step to take. Then, you choose what strategy works for your situation. Michigan allows creditors up to six years to collect debts,...
If you are struggling to stay current on outstanding credit card balances, it may be in your best interest to file for bankruptcy. However, that largely depends on how large your outstanding balances are, your income and your ability to pay down the debt in a timely...
Michigan residents who become overwhelmed by credit card debt sometimes struggle just to keep up with their minimum payments each month. If you’ve ever been in this situation, you might have asked whether it was possible to use one credit card to pay off another one....
