Tag Archives: debt snowball
- Where Do I Put My Judgment in Line For My Debt Snowball? – Bret
In 2006 ,I went to work for a guy that wound up being a con artistTo make a long story short at the beginning of 2007,Ilooked up and found myself with $230 K in debt and no income.everything in 2007 went wrong and it wasnt until 2008 that I began reestablishing an income. I have [...]
- Can We Afford the Debt Snowball to Get Out of Debt? – Julie
“Dear Steve, We started our own business about 6 years ago. We had just finished building a new house and the business was one that takes a few years to build up. Not enough income coming in, lots of new expenses for the business led us to the perfect storm of debt. Now our business [...]
- Teresa Writes In “I Have Too Many Credit Cards”
Teresa wrote to me through the GetOutOfDebt.org site and asked me her question below. You can write me for help also. Visit GetOutOfDebt.org. “Dear Steve, I have too many credit cards. Where do I start to get rid of them? Teresa” The Answer: Dear Teresa, Credit cards don’t magically appear in our wallets or [...]
- We Tried the Dave Ramsey Snowball Approach But it Got Us Nowhere. – Janet
“Dear Steve, My husband and I thankfully are still employed. We make about 175K combined per year. We have 52K in credit card debt, and our home has no equity (took out equity to pay off debt about 5 years back…big mistake.) I used to get large bonuses (and we would pay down debt) however [...]
- I Have a Number of Small Accounts I Want to Pay Off in Collections. – Orlando
“Dear Steve, I have about 12 accounts that are collections they are all small amounts 100 to 700 dollars. On my current income I can pay out 250.00 a month how can I go about paying to #1 pay the least amount total. #2 has the maximum positive effect on my very poor credit? I [...]
- I Went Bankrupt in 2005, I am a Disabled Vet, and My Student Loans are Coming Due. – Ben
Ben 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 [...]
- How Can I Get Rid of My Delinquent Balances? – Ana
Ana 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 [...]
- Converting 8.9% Variable Credit Card to 3.4% Variable Equity is Bad Deal. George
“Dear Steve, I have $22K in credit card debt(on one card) with an 8.99% variable rate. Minimum payment is about $450/month. I have recently began to pay more than the minimum(last month i paid $1000) since I would love to pay this off or at least bring it down so my minimum payment isnt so [...]
- Carol Wrote Me And Asked “Would You Advise Debt Consolidation?”
Carol wrote to me through the GetOutOfDebt.org site and asked me her question below. She knew I provide help and advice for free and if you have a question you’d like to ask just visit GetOutOfDebt.org and ask. “Dear Steve We are in debt up to our eyes. We are not behind in anything. We [...]
- I’m Doing the Dave Ramsey Debt Snowball And Need to Find Extra Cash. – Greg
Greg 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 [...]
- We Have a Lot of Debt, But Not a Lot of Savings. – Ann
Ann 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: [...]
- 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 [...]
- Should I Payoff Part of My Debt With My Mutual Fund. – JJ
“Dear Steve, I owe $30,000 in credit card debt on two cards. One card there is 9.99% rate, the other is interest free until Dec. ’10 (after that the rate states 9.99% but is subject to change) I can make the minimum payments but not much else right now until my balances decrease. I have [...]
- Our Debt Snowball Plan Has Us Out of Debt in Three Years. – Alayne
“Dear Steve, We make around 85k per year. I just picked up a part time job to make some extra money. We owe 33 thousand on credit cards. Making just the minimum payments of almost 900 per month is really straining our budget. At this point we are current on all card payments. We have [...]