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Updated: 2015-01-09
Source: CreditCards.com

Q&A: How Cherie Lowe slew her debt dragon

By Sally Herigstad
Published: January 30, 2015

In her new book, "Slaying the Debt Dragon," Cherie Lowe chronicles the life-changing experience of having to pay off $127,482 in debt

>> Read Entire Story
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Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
Q&A: How Cherie Lowe slew her debt dragon --In her new book, "Slaying the Debt Dragon," Cherie Lowe chronicles the life-changing experience of having to pay off $127,482 in debt... (more)
CreditCards.com editorial, corrections policies --CreditCards.com strives to publish accurate information. If you believe we have published something in error or wish to comment on an article, please e-mail us at editors@CreditCards.com... (more)
How to defeat debt and still have fun --With some creativity, you can pay off debts while still enjoying the occasional treat, gift or vacations... (more)
How rapid rescore works when applying for a mortgage --If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it... (more)
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Credit card interest rates hold steady at 14.89 percent --Jan. 14, 2015: Average rates on new credit card offers remain unchanged this week, according to the CreditCards.com Weekly Credit Card Rate Report... (more)
Balance transfer, debt consolidation
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Credit card interest rates remain at 14.89 percent for third week --Jan. 21, 2015: Interest rates on new credit card offers remained at 14.89 percent Wednesday for the third consecutive week, according to the CreditCards.com Weekly Credit Card Rate Report.... (more)
Credit card interest rates hold steady at 14.89 percent --Jan. 14, 2015: Average rates on new credit card offers remain unchanged this week, according to the CreditCards.com Weekly Credit Card Rate Report... (more)
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Reward programs
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Apply for your first credit card, then remove yourself from Dad's --Preserve your authorized user credit history when applying for your own card. Once approved, you can then safely remove yourself from the shared account... (more)
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Business credit cards
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Credit card interest rates remain at 14.89 percent for third week --Jan. 21, 2015: Interest rates on new credit card offers remained at 14.89 percent Wednesday for the third consecutive week, according to the CreditCards.com Weekly Credit Card Rate Report.... (more)
Apply for your first credit card, then remove yourself from Dad's --Preserve your authorized user credit history when applying for your own card. Once approved, you can then safely remove yourself from the shared account... (more)
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Credit account management
Q&A: How Cherie Lowe slew her debt dragon --In her new book, "Slaying the Debt Dragon," Cherie Lowe chronicles the life-changing experience of having to pay off $127,482 in debt... (more)
Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
How to defeat debt and still have fun --With some creativity, you can pay off debts while still enjoying the occasional treat, gift or vacations... (more)
How rapid rescore works when applying for a mortgage --If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it... (more)
Beware auto-renewals' endless charges --Signing up for magazine subscriptions or a free trial could haunt you for months or years, ringing up endless charges on your credit card through automatic renewals... (more)
Research, statistics
Average card APR remains stuck at 14.89 percent --Jan. 28, 2015: Interest rates on new credit card offers didn't budge this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)
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Innovations, features, new products
Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
How rapid rescore works when applying for a mortgage --If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it... (more)
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Shopping
Q&A: How Cherie Lowe slew her debt dragon --In her new book, "Slaying the Debt Dragon," Cherie Lowe chronicles the life-changing experience of having to pay off $127,482 in debt... (more)
Beware auto-renewals' endless charges --Signing up for magazine subscriptions or a free trial could haunt you for months or years, ringing up endless charges on your credit card through automatic renewals... (more)
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Legal, regulatory, privacy issues
Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
Fed keeps rates low amid mixed economic signals --The Federal Reserve indicated that it remains on course to hike interest rates later this year... (more)
Beware auto-renewals' endless charges --Signing up for magazine subscriptions or a free trial could haunt you for months or years, ringing up endless charges on your credit card through automatic renewals... (more)
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Expert Q&A
Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
How rapid rescore works when applying for a mortgage --If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it... (more)
How a card's introductory APR works --Exactly how does an introductory period APR work and what are the consequences of not paying off the entire balance before that period expires?... (more)
How to use US Airways miles as merger unfolds --If you want to redeem US Airways miles, you'll still need to use the US Airways award chart until the airline finishes combining its frequent flier program with that of merger partner American Airlines... (more)
What merchants should do if customer presents unsigned card --Merchants handed a card with no signature or "See ID" should make the customer sign -- or risk having to eat fraud-related losses ... (more)
Credit scores, credit reports
How rapid rescore works when applying for a mortgage --If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it... (more)
How a card's introductory APR works --Exactly how does an introductory period APR work and what are the consequences of not paying off the entire balance before that period expires?... (more)
44% of Americans mistakenly say credit score, credit report are the same --Almost half of Americans believe a credit score and a credit report are basically the same thing, just different terms, a survey from American Bankers Association shows... (more)
Credit score statistics --How does your credit score compare to the average American's? Check out the credit score statistics we've compiled, including the states with the highest and lowest credit scores, how credit scores change with age and much more... (more)
Unpaid joint car loan sullies ex's credit --She was in charge of payments, but neglected to tell her fiance when they were late. Now that they've broken up, she wants to know if she can fix his credit ... (more)
All credit card news
Q&A: How Cherie Lowe slew her debt dragon --In her new book, "Slaying the Debt Dragon," Cherie Lowe chronicles the life-changing experience of having to pay off $127,482 in debt... (more)
Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
CreditCards.com editorial, corrections policies --CreditCards.com strives to publish accurate information. If you believe we have published something in error or wish to comment on an article, please e-mail us at editors@CreditCards.com... (more)
How to defeat debt and still have fun --With some creativity, you can pay off debts while still enjoying the occasional treat, gift or vacations... (more)
How rapid rescore works when applying for a mortgage --If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it... (more)
To Her Credit
Sharing medical cards not allowed --Medical card expenses are generally reserved for the cardholder, family members and even pets, but not your latest girlfriend or boyfriend or BFF... (more)
Unpaid joint car loan sullies ex's credit --She was in charge of payments, but neglected to tell her fiance when they were late. Now that they've broken up, she wants to know if she can fix his credit ... (more)
Is husband liable for wife's $50,000 card debt? --A wife is carrying $50,000 in debt over several cards and wants to know if her husband be will responsible for repayment if she dies before it's paid off... (more)
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Opening Credits
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Apply for your first credit card, then remove yourself from Dad's --Preserve your authorized user credit history when applying for your own card. Once approved, you can then safely remove yourself from the shared account... (more)
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Cashing In Q&A columns
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Airline frequent flier miles should survive if you file for bankruptcy --Banks can cancel reward cards if you’re insolvent, but you shouldn't lose frequent flier points you've earned through the cards if they've already been posted to your airline account... (more)
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Travel cards' best signup point offers require excellent credit --Most rewards cards are targeted at people with excellent credit -- with FICO scores of 750 and above. But if your credit is in the "good" range, you still have options... (more)
Credit card videos
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Infographics
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Balance transfer promotional rates on the rise --Balance transfer promotional rates are getting more generous, with more cards offering lengthy interest-free promotional periods, according to the 2015 Creditcards.com Balance Transfer Survey... (more)
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Breaking news
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Road to rewards redemption gets easier --Cardholders lose millions of dollars in rewards, but that could be changing after one big issuer lowers hurdles to claiming cash back... (more)
Your Business Credit
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Speaking of Credit
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Credit Wise
Must husband pay wife's unpaid card debt? --If a spouse with no income secretly runs up a big credit card debt, state laws dictate whether there's a shared legal obligation to pay... (more)
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