The Best Way to Get Out of Credit Card Debt

Trapped under a staggering amount of credit card debt?  Barely able to make those monthly minimum credit card payments?

Even if you’ve got excellent credit, there are times when you can still get in way over your head when it comes to credit card spending, and once you get in too deep, it can be nearly impossible to get out.  Fortunately, there’s a way not only to get out from under those high minimum payments, lower your interest rates, and even raise your credit score!

With a personal loan, you can combine all of your credit card debt into one easy monthly payment that you can pay off in as little as two years or less, with a fixed, lower interest rate than you’re likely paying right now, and you might actually raise your credit score in the process!  Even better, the whole process from completing the application to seeing the money in your account once you’re approved normally only takes a couple of days.  That’s right… you are just days away from getting out from under that debt!

Christmas is Just Around the Corner

It’s true, Christmas really is just around the corner.  Already, the stores are festooned with lights, decorations, and even Christmas trees!  Everywhere you look, there are pre-Christmas sales, Christmas gift ideas, and more…

What about you?  Have you figured out how you’ll pay for this year’s Christmas gift giving?

If you’re like most of us, even the thought of Christmas shopping sends shivers all the way down to your checkbook!  Between rising prices, wage stagnation, and the recession of the past few years, budgets are extremely tight, and it can be very difficult to find extra money in the budget for Christmas.  Fortunately, there are ways to buy nice gifts for those you love without wrecking the budget come January when those bills start rolling in!

This year, instead of stressing over shopping and your budget, Apply for your Fingerhut Credit Account issued by WebBank  and have a stress free holiday!

Fingerhut offers low monthly payments AND you can skip the crowds at the mall!  That’s right, you can do all of your Christmas shopping from the safety and comfort of your own home this year.  Simply logon to your Fingerhut account, select your gifts from among the many thousands and thousands of options in quality, name brand merchandise offered top you at reasonable, competitive prices, and they will ship everything right to your door!  Fingerhut even shows you what your monthly payment will be for every single item on the site while you’re shopping!  That’s right, you’ll know before you buy what you will need to pay once the holidays are over and it’s time to “pay the piper.”  (No surprises to wreck your budget in January!)

Think Fingerhut might be your answer to Christmas gift giving this year?  Check out all that opening a Fingerhut account can do for you today!

When it Comes to Life Insurance, Start With “Why?”

$15 trillion is a big, scary number. No, it’s not the United States’ national debt. It’s the amount of financial needs left uncovered by Americans who don’t have adequate life insurance protection. Considering that 43% of us have no life insurance at all, most households face a staggering level of financial risk.1

When trying to understand a complex problem, we should start with “why?” So, why do you need life insurance? No matter how you look at it, the answer lies in wanting to protect the people you love so that your death doesn’t become a financial burden.

 

How much insurance do I need?

USAA uses the acronym L.I.F.E to demystify life insurance needs:

 

  • Liabilities—Coverage should fully pay off all debts.
  • Income—Coverage should supplement or replace at least five years of after-tax income.
  • Final expenses—Coverage should include final medical or funeral costs.
  • Education costs—Coverage should offset school or college expenses.

 

Add up all those figures and then subtract the amount of life insurance you privately own, and/or assets your family has already saved for these expenses. The net amount is your basic need for additional life insurance.

 

What type of insurance is right for my situation?

 

It varies from family to family, but typically you’ll need a combination of term and perm coverage. While you’re young and your needs are high, the majority of your insurance should be term. As you get older and more financially secure, your temporary needs likely will decrease, and you’ll want life insurance to help your family achieve wants, dreams or wishes.

 

If having a combination of insurance types exceeds your budget, it may be best to get the right amount of term coverage today and convert to a permanent policy later in your life. Conversion benefits help you continue all or a portion of your coverage in a permanent policy without having to prove insurability in the future. This is a great resource to ensure that your insurance plan adapts to the changes in your overall financial plan.

 

If you are one of the many Americans who are under-insured or uninsured, take action today to be your family’s protector.

 

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‎09-12-2016 07:10 AM

Content provided courtesy of USAA.

By Sean Scaturro