Since most of us enjoy spending at least some of our time griping about credit card companies, here’s a little something to get you going—it’s called the Universal Default Clause.

As if getting approved for a credit card isn’t hard enough these days, credit card companies actually have a way to make it harder for you to hold on to your credit card.  And here’s how they do it…

A bank issues you a credit card with a certain interest rate and a certain spending limit.  As long as you don’t overcharge it and you make all your payments on time, you should be fine, right? Not necessarily.

Internet Users want to know How to Get out of Debt

One of the most popular internet searches today is how to get out of debt.  What does this tell us? It tells us that out of the millions of people searching Google for answers each day, more and more of them are falling into debt and looking for a way out.

That’s why we’ve decided to give ‘em what they want.  Our new article, "How to Get out of Debt," discusses the fastest, most effective way to handle your debt problems.  And it’s probably a lot easier than you thought.  So check it out and tell us what you think.

As always, if you have any questions about debt relief or credit repair, you can contact a My Credit group representative for answers or post your questions to our new Credit Repair Q&A forum.  One way or the other, MyCreditGroup.com can help.

FYI We've also started  "How To" & "Q&A"sections. It's going to take us a couple to get them poplulated, so bare with us.

My Good friend Jerry drives a 1959 Ford Edsel Ranger.  He has spent more than ten years restoring it and over $15,000 in repairs.  When he first began the project, everyone, including myself, told Jerry that it was a bad idea.  “It’s a money pit,” I told him.  “It’s going to ruin you.”

But Jerry disagreed.  “When it’s finished,” he said, “it’s going to be bad-ass.”  And now, ten years later, it’s time to give credit where credit is due.  Jerry’s Edsel is, indeed, very cool.  Now don’t get me wrong.  It wasn’t always easy.  There were many times when Jerry simply wanted to throw in the towel.  But he knew what he needed and, more importantly, he knew it could be done.  And if you asked Jerry if it was all worth the trouble?  “Hell yeah it was” he’d say.  His Edsel is a masterpiece.  And he knows it.  In fact, everyone in town knows Jerry and his monster Edsel.  It is admired constantly, and he has gotten some outrageous cash offers for it.  So I guess Jerry’s project wasn’t such a bad idea after all.

Here at MyCreditGroup we’ve been asked countless credit repair questions over the past 10 years.  Now we’re looking to put all of those questions to good use with our credit repair forums.

Many clients tend to have the same questions, but we understand that every individual case is going to be unique in some way.  What better way to showcase the answers those particular questions than with a community-driven knowledge market known as MCG Answers.

In addition, we figured what better way to objectively populate our MCG Answers pages than by giving a free month of credit repair to our top contributor each month.  If you’ve had a credit repair experience, good or bad, or are informed about credit repair, we invite you to share your knowledge, and possibly win some free services.

Over the next few weeks, we’ll be uploading the questions we’ve catalogued over the years; our hope is that if you can’t find an answer to your specific situation that you’ll enlist the help of our Credit Repair Forums.

MyCreditGroup appreciates that starting the credit repair process may be overwhelming.  Now with MCG Forums, you don’t have to go it alone.

Ok on the surface it’s a pretty sweet deal. The “cash for clunkers” program is probably going to help our globally overheated, ozone depleted, melting little planet by getting those evil gas-guzzling beasts off the road. (Sense just a tad bit of cynicism?)

It might give the auto industry a little boost, and will probably help the used auto parts industry. That’s all cool. That means more jobs, maybe a little more spending etc.

The program may have some benefits.