Managing Credit Card Debt

Published on March 15, 2010 by Technology Slice

Managing Credit Card Debt – Heavily in debt to credit card companies? Need quick and painless options for elimination of this kind of debt? And that’s what some financial experts offer!! Zero damage to your credit report! Read and find out how…

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Cambridge Credit Counseling, Credit Counseling

Published on February 23, 2010 by Technology Slice

Cambridge Credit Counseling, Credit Counseling – Today on The View, Money Expert Jordan Goodman talked about the new credit card laws, and how they will affect consumers. The new laws were actually supposed to keep consumers from getting ripped off by credit card companies, but they have led to companies increasing their fees and rates. [...]

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Open Question: Adding a family member with bad credit on my credit card – will it hurt my credit?

Published on January 12, 2010 by Technology Slice

My sister recently filed bankruptcy, due to high credit card debt. The credit card debt was due to a business that she started with her ex-boyfriend who defrauded her, so she was stuck with tremendous amount of credit card debt in her name. But now that bankruptcy proceeding is all over and she’s looking to raise her credit score, I am thinking of adding her to my credit card account as a joint account holder, which I hear will boost her credit quicker than other options. But I am worried, since I have a 700+ credit score, will adding her hurt my credit?
Also, what is the best way to ensure she can be a joint account holder? Do I have to apply for a new credit card or can I add her to an existing card? I believe adding her as an “authorized user” is different than a “joint account holder”? Am I correct?

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