Reed Law Firm, P.A. - bankruptcy

Columbia: 803-807-2565

Florence: 843-536-0073

credit card debt Archives

Changing your lifestyle to fight credit card debts

Certain chapters of our life can be busy and stressful, and instead of being mindful of the way in which we spend our money, we can easily become complacent. The availability of credit cards makes it easier than ever for consumers to spend money that simply isn't theirs. This can spiral out of control if it is not properly managed.

Can loan consolidation relieve my credit card debt?

Credit card debt usually occurs when a person is struggling financially in other ways. For example, a person who has recently lost their job may start using their credit card to finance most of their purchases, and consequently, have no means to pay the debt back.

4 ways to be free of credit card debt

Credit cards can be so tempting to use, especially when you are struggling financially, and you have already exceeded your monthly budget. Credit cards can feel as though you are not spending your own money, which can feel exhilarating when going through the mall and looking at the endless possibilities.

Simple strategies to tackle your credit card debt

If you are feeling overwhelmed by debt on your credit card, it can be so tempting to ignore the problem and pretend that the debts do not exist. However, this strategy will never work in the long-run. Life can be so much more enjoyable when you do not have the burden of debts at the back of your mind because the issue will always have to be dealt with eventually.

How bankruptcy works in South Carolina

Debt is one of the most crippling issues facing many American families today. Credit card debt is especially rampant, with consumer debt said to be in the billions of dollars per year. For this reason, many people both here in South Carolina and elsewhere in the nation turn to Chapter 7 bankruptcy to help them recover from insurmountable debt. However, it is important to understand the nature of bankruptcy before making such an important financial decision.

South Carolina consumers can take serious approach to money

Personal finance advisors warn consumers that taking a loose approach to their money issues can lead to serious trouble. It may not seem like a big deal to be charged a late fee occasionally or to overdraw one's checking account, but these may point to signs of dangerous habits that have led many others down the road of overwhelming debt, harassment from creditors and fears of losing their homes. Whether a South Carolina consumer is trying to avoid a financial crisis or recover from one, the first step is to examine the way one handles money.

How to approach credit card debt in South Carolina

Recent studies suggest that American consumer debt has just passed a new milestone, totaling some $13.2 trillion for the 2018 fiscal year. This means that the average South Carolina resident carries debt of over $40,000, including credit card debt, student loans and other forms of debt. This may sound dire, but thankfully, many strategies exist to help those struggling with debt to free themselves from these financial problems.

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Columbia Law Office
220 Stoneridge Drive, Suite 301
Columbia, SC 29210

Phone: 803-807-2565
Fax: 803-726-4887
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Florence Law Office
1807 West Evans Street, Suite B
Florence, SC 29501

Toll Free: 843-536-0073
Fax: 843-679-0667
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