Tag Archives: credit card debt
- A Paper Worth Reading: Robo-Signing and Lack of Proof in Debt Buyer Cases
Here is a great research paper worth reading. It certainly helps to focus the robo-signing issues we’ve all heard about with mortgages to a problem that debt relief providers will need to deal with. For a while we’ve talked about the issue of a debt relief provider that either sets up a payment plan or [...]
- Root Canals and Appendectomy Were Expensive and Landed Me in Bankruptcy. – Ray
“Dear Lewis, Made many not so smart mistakes which put me into serious credit card debt over the past 8 years or so. Followed by some dental work (multiple root canals) that had to be paid with credit card. Last year, had an emergency appendectomy that ended up in an medical insurance mess up. Ended [...]
- I’m Living Paycheck to Paycheck After a Divorce and Can’t Make a Dent in My Student Loans or Credit Card Debt. – Tonya
I have just over $20,000 in student loans, $8000 car loan, $700 credit card, I’m working on paying off a charged off credit card of about $3500, and I have a hospital bill of around $1400. I currently make $23712/yr. I’m making minimum or Income Based payments on All of them and now my IBR [...]
- Debt Free! And You Can Be Too
photo © 2008 Mike Baird | more info (via: Wylio)When Amanda and her husband gave birth to their third child her paycheck was greatly reduced during maternity leave. After an increase in interest and payments on their credit cards, they could no longer afford their minimum monthly payments owed. At one point in time there [...]
- I’ve Been Using My House as an ATM Machine. – Jeannette
Jeanette wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Kam Says “I Have Charged Off Debt In Collections And I’m Scared to Tell My Husband”
Kam wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- This Time I Asked “Do You Think You Are a Failure When You Break Your Budget?”
Recently I was over on the Finance Your Life blog and asked Doctor S, the blogger there for his opinion on the following question: “Do you become a financial failure when you break the budget just trying to get a bit of fun in your life when everything else around is stressful at home, at [...]
- Keith Writes in And Wants To Know “Should I Consider Debt Consolidation For a Fee?”
Keith wrote to me through the GetOutOfDebt.org site and asked me the following question. You can write me too! “I have $30,000 in credit card debt plus $160,000 in home loans and business loans. Should I consider debt consolidation from a company that charges me a fee each month?” Keith, Excellent question and my answer [...]
- Daniel Writes In – “How Can I Get Out of Credit Card Debt?”
Daniel says, “I’ve been buried in credit card debt and it feels like I make payments each month and instead of things going down, things go up. My interest rates recently went up even though I have not missed a payment or paid late. Another one of my MasterCard’s just lowered my limit a lot. [...]
- Rebecca And Her Husband Are Struggling to Keep The Business Going
Rebecca wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Judy Is Worried “Should I Save or Pay Off Credit Card?”
Judy wrote to me through the GetOutOfDebt.org site with her question below. If you have a question that you would like for me to answer for free, just submit it online here. “Dear Steve, Should I save the amount after paying off a credit card debt or pay down another. Help please. Judy” The Answer: [...]
- Richard Writes In “How Do I My Share Of Government Money To Get Out Of Debt?”
Richard wrote to me at GetOutOfDebt.org and asked me the question below. If you have a question you’d like to ask, just visit GetOutOfDebt.org to contact me. “Dear Steve, I keep hearing about free money from the government to pay off my debt. How can I get some of that money so I can get [...]
- David Writes In “I Have No More to Give”
David wrote me through the GetOutOfDebt.org site to ask his question below. You can too! “Dear Steve, I have about $20,000 in credit card debt. 4 cards that I’ve transferred balances to, each with a rate of 2.99 to 3.99% interest for life of the loan. Each monthly minimum is about $110.00. I have no [...]
- Donna Writes and Asks “What Is The Best Way To Become Debt Free The Fastest?”
Donna wrote to me through the GetOutOfDebt.org site, you can too with your question about how to get out of debt. “Dear Steve, We owe about $70,000 on our mortgage (we pay $100 extra each month), we have a $110,000 equity line and about $20,000 in credit card debt. We pay extra on each but [...]
- MJ – “I’m Ill, I’ve Got Bills, And I Don’t Know What To Do”
MJ wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]