Consumer Debt Archives - The Alexandrite Group LLC

June 28, 2020

4 Actions to Prevent Card Scamming

While certain types of crimes are down during this crisis, card scamming has increased. Perhaps it’s because it is a crime which can be perpetrated at home using a computer. Nevertheless, while you are likely to be distracted due to ...

January 28, 2020

Is It Okay to Carry Credit Card Balances

No, it is never okay to carry credit card balances. This is one of many key ingredients, such as understanding your cash flow or your net worth in order to be or become financially sound. Fiscally responsible adults know that ...

January 3, 2020

Quickly Lower Your Credit Card Debt

Did this past holiday season spending cause your credit card balances to increase? Maybe it wasn’t the holiday spending but other expenses that now makes you wonder how you can quickly lower your credit card debt. No matter how the ...

May 31, 2019

How to Deal with Your Partner’s Debt

Dealing with Your Partner’s Debt Surprise: Your Partner has Debt Committed relationships can have many surprises. Sometimes, it catches you completely off-guard, such as discovering your partner has debt that you and your partner did not know about. This article ...

November 1, 2018

Should I Borrow From My 401(k) Plan?

If you are reading this, it’s likely you are considering withdrawing funds from your retirement account. While it may seem like a good plan (after all, it is your money anyway), it’s rarely a smart idea to borrow from your ...

March 29, 2018

How Do I Pay Off My Debt?

Six Steps on to Pay Off Consumer Debt People call me because they are literally drowning in consumer debt. Once you start accumulating debt, it’s extremely difficult to pay it off. And without a plan, it typically continues to increase, ...

January 26, 2018

Should I Place a Credit Freeze on My Account?

What is a Credit Freeze? After last year’s Equifax security breach, consumers were encouraged to place a credit freeze on their accounts. It’s because this is the most effective way to prevent any new credit from being opened in your ...

October 23, 2017

Debt Counseling FAQ

When you’re drowning in debt and can’t see a way out, looking into debt counseling might be your best option. Debt is a common problem for Americans and you are not alone. Most people haven’t had any experience with debt ...

September 22, 2017

Beware of Debt Consolidation Companies

A common question I am asked is what’s the difference between credit counseling and debt consolidation. These are entirely different concepts. Through credit counseling, you will learn how to solve your debt problems. You will also learn how to change ...

August 30, 2017

Misuse of Interest Free Financing

What does a replacement HVAC system and $400 luxury sheets have in common? Other than being able to use your luxury sheets when your heat or air-conditioning is working properly? You can make both of these purchases by receiving an ...

August 8, 2017

Common Misconceptions about Credit Counseling

Credit card debt can be debilitating and lead to overwhelming amounts of stress. Many people have preconceived notions about credit counseling and whether it can actually help them. Credit counseling helps many people tackle their credit card debt and ...