Tag Archives: highest interest rate

Which is the Best Debt to Pay Off First? – Taylor

“Dear Steve, I have some extra money this month and wanted to know which was the best way to go. Pay on the cards with the smallest balances or highest or is the better route the one with highest interest? Taylor” The Answer: Dear Taylor, If you’ve come into some extra money I’d first suggest [...]

Judy Is Worried “Should I Save or Pay Off Credit Card?”

Judy “Dear Steve, Should I save the amount after paying off a credit card debt or pay down another. Help please. Judy” The Answer:   Dear Judy, You asked a great question and one that seems easy but has different valid and possible answers. If you are digging yourself out of a debt hole the [...]

Terri Wants to Know “Is There a Way to Get Out of Debt Without Ruining Our Credit?”

Terri wrote and asked her question through the GetOutOfDebt.org site. If you have a credit or debt question you’d like to ask, just visit this page and ask. My help is totally free. “Dear Steve, We have appox $50,000 in revolving debt, 2 vehicle payments, 1st and second mtg, we pay everything on time and [...]

In the Netherlands, Banks Bid For Your Business

Instead of researching which bank offers the highest interest rate, Dutch consumers can now put their money up for auction, getting banks to bid on their savings. After registering with new online facilitator Spaarbod, consumers state how much money they’d like to put aside, for how long and on which terms. The website automatically calculates [...]

Robert Wrote “I Do Not Know Where To Start Other Than I Am in Debt”

“Dear Steve, I do not know where to start other that I’m in debt. I want to pay all of my credit card debt starting with my lowest and working my way to the last but I can not accomplish this while I’m paying everyone and can not make any headway. Can I just send [...]

Lourdes Writes In “What Should I Do to Get Out of Debt?”

“Dear Steve, I’m in debt really heavy from credit cards and other loans. What should I do to get out of debt. Lourdes” Dearest Lourdes, Wow, I really want to help you with some great advice and awesome guidance but gee-whiz a little more information would be really helpful. Maybe next time you write in [...]