Comments on: Excessive Credit Card Debt: How Much is Too Much?

By: Philip Taylor

Philip Taylor — Thu, 01 Jan 1970 00:00:00 +0000

Thanks for sharing your story, Sunflower. Congrats on your success so far and good luck to you in the New Year.

By: Sunflower

Sunflower — Thu, 01 Jan 1970 00:00:00 +0000

The last couple of years have been really tough without employment, and rising health care costs. I used my credit cards to live on. The balances got to high, so I had to sell some investments to pay off a credit card. I also transferred a balance to a 0% credit card so I can pay it off. I am now taking classes on how to manage my finances. Accountability is really the key.

By: How to Find Retirement Savings Advice You Can Trust (U.S. News & World Report) _ 56Life

Thu, 01 Jan 1970 00:00:00 +0000

[...] position to make paying for professional advice worth it for you. If you are still struggling with excessive credit card debt or you don’t have any emergency savings built up, then you should probably spend your energy [...]

By: How to Find Retirement Savings Advice You Can Trust (U.S. News & World Report) _ LifeSEO

Thu, 01 Jan 1970 00:00:00 +0000

By: Economy and your finances carnival July 3rd 2010

Economy and your finances carnival July 3rd 2010 — Thu, 01 Jan 1970 00:00:00 +0000

[...] presents Excessive Credit Card Debt: How Much is Too Much? posted at Prime Time [...]

By: The Biggest Debt Mistakes

The Biggest Debt Mistakes — Thu, 01 Jan 1970 00:00:00 +0000

[...] bail you out. Don’t believe the hype. There are no magical plans to help you eliminate your excessive credit card debt that won’t either cost you more than you should pay, or end up negatively affecting your [...]

By: 7 Signs You Should Be on a Tighter Budget | How To Manage Money Tips

7 Signs You Should Be on a Tighter Budget | How To Manage Money Tips — Thu, 01 Jan 1970 00:00:00 +0000

[...] recommend you use no more than 30 percent of your available credit. Any more than that negatively affects your debt to credit ratio, and [...]

By: Money Obedience

Money Obedience — Thu, 01 Jan 1970 00:00:00 +0000

I define it with your first definition. I think #3 would be silly for me since I have a few credit cards with a pretty high limit. If I ever go to 30% of available credit on one of them, I think I would freak out. Never mind going to 30% on my overall credit lines.

By: Tim Gordon

Tim Gordon — Thu, 01 Jan 1970 00:00:00 +0000

Good article. As for me, I always pay on time and i never let a month’s previous debt to carry on to the next month.