Carnival of Consumer Credit #5

A lot of Americans (including myself) are planning on working on our financial discipline in 2009 to ensure we can weather this rough economy. As the submissions to this carnival show, for many that means making getting out of debt a priority and making efforts to limit or eliminate our use of credit. If you have goals surrounding getting out of debt or managing your use of credit better in the New Year, I’m sure you’ll find something useful in this month’s Carnival of Consumer Credit.

Social Lending

• Should You Consider Social Lending? by Matthew Paulson, American Consumer News.
• Lending Club Review: A Leading Peer To Peer Lending Network by Silicon Valley Blogger, The Digerati Life.

Auto Loans

• Buying A Car? Get Your Financing First by The Smarter Wallet

Credit

• New FICO Credit Scoring System in 2009 by CreditAddict.

Home Loans

• Deciding When to Refinance Your Mortgage by nickel, fivecentnickel.com.

Credit Cards

• A Complete Guide to Credit Card Terminology by CreditShout.
• Continental Finance Mastercard Credit Card Review by Mr.CC, Ask Mr Credit Card’s Blog.
• Bank Cards: Should You Use Them as a Debit or Credit Card? by DJ, The Family Wallet.
• Best Charity Credit Cards by Jim, Blueprint for Financial Prosperity.
• How to Avoid Late Fees on Credit Cards by American Entrepreneurship, American Small Business News.
• Anyone Can Apply For a Business Credit Card by Patrick, Cash Money Life.

Student Loans

• Types of Student Loans in the United States by praveen, My Simple Trading System.

Debt

• 5 Simple Steps To Making Your “Get Out Of Debt” Resolution Stick – Part 3 by Michael Geoffrey, Debt Smackdown.
• How to Tell Your Credit Card Company You Can’t Pay by Credit Card Assist.
• Tips for Negotiating a Credit Card Payoff by Apply4-Credit.
• How to Find the Debt Relief Company That is Right For You by Discover Debt Freedom.
• New Year’s Resolution: Get Out of Debt For Good by Debt Free Destiny.
• Make Your Own Debt Reduction Plan by Destroy Debt.
• Pay Off Debt Or Invest Your Money? by William Blake, Debt Smackdown.

That’s it for this issue of the carnival. Stop by next month for the sixth edition. Interested in participating? Read the submission and hosting guidelines. Did you submit but not see your post? It’s probably because the article wasn’t specifically about credit or debt. We try to include all posts as long as they are on topic. Thanks!