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Home > Tag Archives: increased interest rates

Tag Archives: increased interest rates

Should I Do Debt Consolidation or Debt Settlement? – Jimi

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Jimi “Dear Steve, I am $60,000 in credit card debt. The banks have lowered all my limits and raised all my interest rates astronomically. Is it better for my future credit to do Debt Consolidation or Debt Settlement? Thanks! Jimi” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads ... Read More »

My Step-Father Cut My Mom Off and Now We Can’t Pay the Bills. – Alexandra

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Alexandra “Dear Steve, My mother and I live together (I support her). Based on an agreement with my step-father, he has paid my mother’s rent for the past 15 years. Unfortunately, due to a family dispute in January, he cut me off and stopped paying the rent, which left me scrambling to cover. Once my credit cards were late, most ... Read More »

Retired With Debt on Social Security. What Should I Do? – Kent

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“Dear Steve, Retired one year ago.Have $37,000 in credit card debt.Payments total $1,200 and my SS is $20,000. I am not behind but struggle to make payments. Several cards have uped my rate to 30.0% only do to my debt to income ratio.Again, not behind but getting nowwhere with cards increasing rates. Considered Banko or walking away. Could you help. ... Read More »

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