Tag Archives: How to Get Out of Debt
- I feel like such a loser because of my debt. – Sophia
I feel hopeless.. Don’t see a way out of this big black debt cloud I am under.. I have tried many ways to resolve my debt but nothing is working.. my last thought was to refinance my house and use the equity to pay off some bill to resolve a small portion of the debt… [...]
- Living in Apartment With Bills. Getting Married Soon and Just Got Big Inheritance. – Keith
“Dear Jon, I’m 31 years old, living in a rental apartment. I’m single but thinking about proposing in next 6 months. I just got my auto loan in August $20K with no money down and a low interest rate from my credit union. Had a bankruptcy in 2001(Medical Bills) Potential engagement coming How do I [...]
- Recent college graduate with public service job needs to eliminate debt. – Rosy
Hi Get Out of Debt Associate, My name is Rosy, and I am in debt. I finished school in May and I have a lot of credit card debt, along with school loans debt. With the school loans, I don’t feel too bad because I don’t have to pay for it until a couple of [...]
- Our Financial Situation is Out of Control. What Should We Do? – Tashia
Family of 4, Husband ownes a business & works at another job. I work p/t for a non-profit out of our home. We have 2 children under the age of 12. We reside in an area that has been hard hit with the poor economy. We are struggling everyday. There are 2 loans that are [...]
- What is the best solution to my debt problem? – Jean
HELP! I am going under. What are my options for the following scenario??? Recently Divorced, 57 yrs. Income:Teacher Annual Salary: $50K ~30K credit card debt Own Home @ 5.99% on a fixed 20 year note (Bank of America) Pay Property Taxes separately.(~$5K Annually) 5K balance on “Line of Credit” (B of A) Not behind on [...]
- Carrying Credit Card Debt for 13 Years And It’s Grown. What Now? – Laura
“Dear Steve, I’ve been carrying credit card debt since grad school in 1988 – it went from 15,000 to 40,000+ plus in 29 years. I’m gainfully employed, but am 55, living on one income and supporting 2 people. My 81 yo mother lives with me and does not receive enough from Soc. Security to cover [...]
- I Was Looking at Credit Relief Center. How Do I Get Out of Debt? – Joni
“Dear Damon, I was searching for reviews on credit relief center. I have accumulated about 30,000 debt in credit cards for about 20 years. I thought I was able to catch up but the balances kept on creeping and the high interest rates don’t help. I’m sure I’d be able to rid myself of these [...]
- I Never Can Seem to Get Out of Debt or Afford to Buy Shoes. – Billy
I’m a 30 yr old man with an established career I have roughly 10,000 in dept that I can never get rid of, I’m thinking I need a house but I can not see how, almost all of my dept I got before I was 18 and no matter how hard I try I can’t [...]
- What is the Best Way for Me to Eliminate My Debt? – Tom
I have about 75,000 of credit card debt I want to know the best way to eliminate as much of my debt as I can. I’ve looked into debt resolution which seems to make sense to me but can’t find a provider that looks legitimate. Are there any good debt resolution companies out there that [...]
- I’ve Never Missed a Payment But I Have No Savings and Not Really Getting Out of Debt. – Brian
“Dear Andy, I am 31 years old and I own my own house. I have never missed a payment, yet can’t get refinanced due to my lowered house value. (Currently I owe about 149,000 and I just had it appraised at 140,000). My mortgage rate is 6.2%. That is part of the story…the other part [...]
- Gerri Detweiler and I Talk Honestly About Debt
Gerri Detweiler and I talked recently via Skype video about debt for a video blog she did for DebtConsolidationCare.com. Below you will find our discussion which surrounded the issues I brought up in my article The Honest and Unvarnished Truth About How to Get Out of Debt. @GetOutOfDebtGuy
- Are You Really Ready to Get Out of Debt? Can You Handle the Truth?
The Question Isn’t if I Can Get You Out of Debt. That’s Easy. I Can. The Real Question is…Are You Really Ready? People come to me all the time in an effort to get out of debt. I believe they desire to eliminate their debt and they can visualize a world without their painful debt [...]
- My Husband and I Have a Huge Amount of Debt. – Karen
“Dear Steve, My husband and I have incurred a huge amount of debt ($44,000) and desperately need assistance with identifying strategies to help us pay it off. We have enough money coming in to pay the bills each month, but we are getting nowhere near paying the debt down. How can you help us figure [...]
- How to Get Out of Debt. The Honest and Unvarnished Truth.
As a student of the history of debt, having lived through debt problems myself, and having founded and run a credit counseling organization I have a very unique view from inside and outside the debt world. If there were mistakes and beliefs to be had, I’ve had them. If there perceptions about debt, they’ve floated [...]
- How to Get Out of Debt – Part 1
What People Usually Say About Getting Out of Debt All day, every day, I read and hear the same pleas and wishes from people that want to get out of debt. See if any of these sound familiar to you. “I need fast help in gettin out of debt for free.” “I don’t know how [...]