Posts Tagged ‘ISM America Reviews’

ISMAmerica Reviews Credit Card Debt

Thursday, September 22nd, 2011

Recently, ISMAmerica reviewed credit card debt because it pertains towards the average American. In this specific review, statistics from CreditCard.com were heavily relied on to complete their research and their findings had been laid out and broken down for study as with numerous other comparable ISMAmerica critiques.

Lots of Holders

As there are a lot of credit card holders in the United States, it stands to reason that there would be a lot of credit card debt. According to the review, there were 176.8 million cardholders by the year ending 2008. Of all these cardholders, the average cardholder has around 3.5 credit cards. When you add it up, that means over 600 million credit cards are floating around and accumulating debt in the United States alone.

ISMAmerica Reviews Credit Card Debt – Debt by Cardholders

Of course, each credit card that is issued comes from a specific bank or other financial institution. Of all the various types of credit cards in existence today, the top three in popularity among cardholders continue to be American Express, Visa, and Master Card.

When taken collectively and additional up, the debt from all the U.S. cardholders equaled a whopping $2.43 trillion as of June 2011. This statistic means an typical of $15,799 of debt per American household.

Remember that quantity is simply an typical. So, your credit card debt might be higher or lower, but there’s a great chance that there is some debt there that might need to be addressed.

ISMAmerica Reviews Credit Card Debt – What You Can Do Now

Credit card debt has a tendency to snowball. In other words, it might start out small, but as it gets going, it can quickly and easily get out of control. The easiest way in which you can control credit card debt is with some self control of your own. Avoid using credit cards for larger items that you really don’t need and always pay any balances in full at the end of each month if you can. This will help you avoid unwanted interest, which averages almost 15% according to specific parts of the ISMAmerica review.

If you have accumulated a lot of credit card debt already, then stop using your credit cards. Work on reducing what you have already accumulated and see where you can cut expenditures so you can attack the high balances of your credit cards immediately.

Suzanne Glasser is a freelance finance writer specializing in insurance coverage topics. For more info, click on ISMAmerica Reviews.

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ISMAmerica Review – Where’s the Yield?

Wednesday, September 21st, 2011

An ISMAmerica review of top yielding investments has revealed that yield is not so simple to come by nowadays. Not so long ago, it was not unusual to become able to sock some money into a money market and get a return of six % or more on your cash. This return was much more in the event you simply bought some stocks on a down day within the market because the subsequent day was generally followed by a good bounce.

However, with the economy starting a freefall that is still hanging in the balance today and key interest rates lowered to near zero, the days of finding a great yield at any bank or in any stock are over. But, you still want a decent yield and you likely don’t know where to look in this market.

ISMAmerica Review – Where’s the Yield: Where to start

A great place to start your search for yield is online. You can easily search though the various banks and see which ones are offering the best interest rates on safe investments like traditional savings accounts, CDs, and the like. However, don’t expect to get much with this type of investing as many banks are well below the one percent mark on savings accounts in regards to annual yield according to key findings in the ISMAmerica review.

ISMAmerica Review – Where’s the Yield: Sit Down having a Pro

If you require more than the poultry yields that most banks are offering these days, you could try your luck with the stock markets. However, with the up and down yo-yo effect that the markets are currently going through, you may not have much luck there either.

A better concept would be to sit down with a expert who can display you all your choices. Gaining a yield that is significant in these times takes a lot of careful preparing and also some creativity. Knowing how to maintain your investments safe all whilst expanding at a rate which will be sufficient to assist sustain you in retirement is really a trick that is not easily achieved. Consequently, a professional can help guide you and hopefully assist you to discover the yield.

Leave No Stone Unturned

With each and every ISMAmerica evaluation that’s conducted there’s so much that’s looked into. A review of yields for instance, wouldn’t just be a fast search of investments that provide secure returns, but would also include looking for investments that offer higher returns whilst still becoming considered ultra safe. If an ISMAmerica evaluation where to turn up anything that didn’t fit into their particular investment mold, then the investment wouldn’t even garnish a second appear.

Suzanne Glasser is a freelance finance writer specializing in insurance coverage topics. Click for more info on ISMAmerica Reviews.

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