Tag Archives: doing the right thing

Clinton Wants to Know “Am I Doing The Right Thing By Repaying My Debt?”

Clinton “Dear Steve, I am receiving social security disability insurance (SSDI) and got abandoned with a mortgage back in 2007 that went into foreclosure. I know I can’t get the foreclosure removed but I have been diligently trying to pay off all of my outstanding debt, charge-offs and the ones that report a zero balance [...]

Peter Is Trying to Find Shelter In These Uncertain Economic Times

“Dear Steve, I’m wondering if it time for a a mid-recovery, mid-recession course correction? My situation is grad school era babies, two layoffs and completely unnecessarily missed/late CC payments have buried us in CC debt (65K@30%APR), auto (6K@0%, 15K@7%) and student loans (35K at 8%) with little hope of lower interest rates or new financing [...]

I’m Laid Off and Living on Savings. – Mary

“Dear Steve, I was laid off the last quarter of ’07 and we are down to one income. We’ve been using our savings to keep up with all our payments including our mortgage. We want to proceed with a modification of our mortgage, but with our credit card debt we’re afraid we won’t qualify and [...]

Most Debt Advice Suggested is Snake Oil or the Wrong Solution For People In Trouble. Here’s Why.

I’ve been following the conversations on Twitter (@GetOutOfDebtGuy) and watching what others are saying about debt management, credit counseling, debt settlement and bankruptcy and it really has me worried and concerned. I’m a guy that lived through financial problems myself and went bankrupt in 1990. I then went on to found and run a non-profit [...]

Sensible Christian Advice Video to Get Out of Debt

I’ve written in the past about my issues with those outfits that promote themselves as Christian credit counselors. Read “Is Most Christian Debt Advice Bogus? Here’s What Jesus Would Really Do.” But for those that are interested in a good perspective on sensible debt advice based on the bible and scripture, I suggest that you [...]

Debt Counselors of America – What I Learned

In 1994 I decided I would start a non-profit charity to help find good solutions for bad debt problems, all I really knew was that I wanted to help people. Almost every organization at the time was named something with credit counseling in it. I figured that I did not want to counsel people about [...]

Is Most Christian Debt Advice Bogus? Here’s What Jesus Would Really Do.

I’ve long hesitated about writing about Christian debt advice. It is a self-righteous can of conflict that I have avoid, like the biblical plague. But is seems like the ads proclaiming christian debt relief are appearing more and more. Advertisements like: Christian Debt Relief – Christian Debt Consolidation Help Free Quote! Christian Debt Advice – [...]