Steve , Thanks for your time and advice . I have read many of your articles and still not sure which way to go . I’m down by 60G and need help . My first and second come to about 157.000 and I have enough equity based on todays market to clear out my debt . No one will lend you money when you are self employed and 60 years old . I know the payment would be less than I owe on my credit cards the problem is they don’t want to talk to you when you are in a slump.
I had the following questions that I’d like for you to answer before I can answer your question. Please post your answers in the comments section of your question. I’m looking forward to helping you for free.
- How do you acquire $60K in credit card debt. What was it spent on in general?
- How much longer will you keep working?
- Do you have any other assets like retirement accounts, etc?
- When you say you are in a slump, what do you mean?
As soon as you can post the answers to my questions above I’ll be able to help.
If any reader wants to offer advice in the comments section please feel free to participate.