Jax Is Looking to Refinance And Has Some Questions

“Dear Steve, I need to refinance my home in Oct of 2009. My credit score is 669. I have a mortgage of $130,000, home equity loan of $34,000, a car loan of $4,000, & credit cards of $4,000. Some credit cards don’t have balances. Do I close these credit cards and extend my home equity … Read more

Tithing, Saving and Getting Out Of Debt – The Personal Finance Bloggers Brain Trust

This weeks question put to the personal finance bloggers brain trust at GetOutOfDebt.org was: When people are working with a credit counselor or working up their own budget they often hear or believe that they should not make religious contributions and should not put any money in savings while they are making debt repayments. Instead, … Read more

Christine Writes And Asks Me “Should We Liquidate The IRA to Pay Off Debt?”

“Dear Steve, We have about $35,000 in current debt not including a home that is not finished. We have about $120,000 in IRA money. We own $75,000 in real estate free and clear that is for sale but not sold yet. Should we liquidate some of the IRA money to help out our debt? Christine” … Read more

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 … Read more

David Writes In “I’m About To Lose My House”

David wrote to me at GetOutOfDebt.org and asked me for help with his debt situation. If you have a question, you can ask me for free help and advice also. “Dear Steve, I accepted a job in Seattle. My wife and family and home are still in Idaho. My wife is on a fixed income, … Read more

Karen Writes In “Ex-Husband Isn’t Paying The Bills and He’s Trashed My Credit. What Can I Do to Repair It?”

“Dear Steve, I have been divorced for one year. Our house was in my name and husbands. He never refnanced or sold the home. His late payments have started to ruin my credit report and credit score. Now it look as if the bank will foreclose. How can I repair my credit and how long … Read more

ML Writes In, “I Can’t Pay My American Express Card.”

“Dear Steve, I am self employed and have lost an important account. I now cannot pay the minimum on my American Express card, which is $2,000.00. If I pay them I can’t pay my other expenses. Have you any ideas ?” Dear ML, Ouch! I know how much it hurts to lose a major account … Read more

Diane Writes In “I Want to Settle My Debt. My Creditor Wants to Take Me to Court.”

Diane wrote to me at the GetOutOfDebt.org site and asked for help with her debt situation. You can write me too if you need help. Here is what Diane said: “Dear Steve, I have signed up with New Beginnings to get out of debt. I have paid them for two months so far and have … Read more

Sam’s Club, CVS, Walmart, Lowes Food & Food Lion – Who Has The Best Prices?

So Pam and I were talking about where to shop for the best prices and rather than guess, we got in the car and went price comparing. To get a wide comparison of prices we went to Sam’s Club for wholesale prices, Walmart for bragging cheap prices, Lowes Food for your typical grocery store, Food … Read more

Donald Writes In And Asks For Help “I’m Getting Behind on Bills!”

“I’m starting to get behind on bills. I owe $180,000.00 total: two houses ($12,500.00 and $35,000.00 appraisal) $97,000.00 and $24,000.00 owed. A 2006 van, 2005 truck, 2006 motorcycle, $13,000.00 credit card debt, a 2004 450 4 wheeler, but I can pay only $1200.00 every two weeks. Any suggestions?” Donald, It sounds like you’ve had quite … Read more