Time to Pay Off Credit Card Debt

Just in case the economic events of 2008-2009 haven’t frightened and motivated baby boomers into aggressively attacking their remaining credit card debt, there’s more. Read more

Use a Credit Card to Boost Retirement Savings

Mr. GoTo is not a fan of credit cards in general for two reasons.  First, way too many consumers abuse their cards and get themselves over their head in debt.  Second, card issuers have not treated consumers well, either in not adequately explaining the costs and risks associated with the card or in not cooperating with card holders who get themselves in trouble. Read more

Debt Reduction is more Important than Your Credit Score

If you are a baby boomer with a pile of consumer debt, you are not alone.  Many economists and members of the younger generations are blaming us for the dramatic rise in the use of consumer credit.  We baby boomers are also accused of inflating then collapsing the housing bubble. Read more