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Tag Archives: bad news

More Bad News For Nordstrom and Target Credit Cards

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Store cards in good times are a good source of profit with their exceptionally high interest rates but in down times they can be an anchor around profits. Not only are store cards generally easier to acquire by people with lesser credit but they are often the first to go unpaid when there isn’t enough money to spread around. Target ... Read More »

Financial Counselor, Credit Counselor and Foreclosure Counselor Stress

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The real world can never understand how much pressure a credit counselor, debt counselor or housing counselor deals with on a daily basis. Allowing your work to invade your walls is easy to do. Those of us who care can find ourselves worrying about the people that turn to us for help and not letting them down. But we often ... Read More »

Navy Tells Jonathan to Contact Me For Advice

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“Dear Steve, I’m a 30 year old married man, 2 children. My wife lost her six figure a year job in real estate, since then, we have lost two homes to foreclosure, 1 vehicle repossessed, and 15 major credit cards maxed out and not paid for 2 yrs+. Everything is in collection. We have about $1.2 million in un-paid debt. ... Read More »

Karen Writes In “Ex-Husband Isn’t Paying The Bills and He’s Trashed My Credit. What Can I Do to Repair It?”

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“Dear Steve, I have been divorced for one year. Our house was in my name and husbands. He never refnanced or sold the home. His late payments have started to ruin my credit report and credit score. Now it look as if the bank will foreclose. How can I repair my credit and how long will it take me? Karen” ... Read More »

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