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Consolidating My Debt, Is It Possible to Get a Debt Consolidation Loan? – Ash

“Dear Steve, I started of by having a couple of credit cards with high interest rates. I would open up another account and do balance transfer to lower the interest rate. Instead of closing the older account with higher rates, I would use them again. So now all my credit cards have a balance. I’m … Read more

Saen Higgins’ Wealth Without Risk Isn’t the Solution I Was Looking For. – Debbie

“Dear Steve, I found you on the internet when I went to look up info on Saen Higgins’ Wealth Without Risk program. I have about 30,000 dollars in credit card debit and 30,000 dollar home equity loan that I’m only paying the interest on. I’m not behind on any payments but I live paycheck to … Read more

How Do I Get My Creditors to Stop Charging Me Interest So I Can Get Out of Debt? – Amelia

“Dear Steve, Just a couple of credit cards for me and a couple for my husband. full amount $8K. I would like to pay my credit cards but I would like for them to stop charging me interests. I am not going to use them ever again. I just want to pay them. Right now … Read more

I’m Trying to Get Mortgage Modification But Considering Credit Counseling or Debt Settlement As Well. – Sandy

“Dear Damon, My credit is already ruined because I ‘m trying to get a modification on my mtg and haven’t paid my mtg since 11/2010. Want to get out of the 30k credit card debt too. Should I wait until the modification is over or do everything at once. Also should a use a consolidation … Read more

Do You Recommend Debt Consolidation or Debt Settlement? – Sandy

“Dear Michael, Do u recommend debt consolidation or debt settlement ? Which is the best company in each category. I don’t care about my credit because I am trying to get a modification from my bank and they are dragging their feet and I haven’t paid since November 2010 Sandy” Hi Sandy, It is difficult … Read more

Should I Use National Foundation for Debt Relief or Go With Fast Track Debt Relief? – Laura

“Dear Steve, I opened a restaurant & got into some CC debt. I have about 30K on them and would like to consolidate to get a better interest rate. The companies will only lower the rate a little bit, but not much. I am current on all payments. Is it better to use the Natl … Read more

How Do I Get Out of Debt? I Got Stuck on Credit Cards in College and Still Trying to Dig Out. – Sarah

“Dear Damon, I’m 33 years old and have about $15,500 in credit card debt. Like many college students in need of cash I naively got sucked into getting credit cards many years ago and now have 5 credit cards in which I’m only able to pay the minimum amounts due each month. Although I have … Read more

How Can I Lower My Credit Card Interest Rates? – Richard

“Dear Steve, I have a few credit cards with high interest rates.. What can i do to lower the interest rates? Richard” Dear Richard, If you are not having problems making payments your two logical options are to: Click here for credit counseling information. Visit LendingClub.com and consolidate your current dent into a lower interest … Read more

What is the Best Way for me to Eventually Eliminate My Credit Card Debt? – Alan

“Dear Steve, 25 Year Old Man Work for Big 4 Accounting Firm Salary – $75K Credit Card Debt – $25K with 18.99APR High 600 – Mid 700 Credit Score I have a steady income but do not see a way I can pay off my credit card debt anytime soon with such a high interest … Read more

I Don’t Want to Take the Consolidation Loan From Wells Fargo. – Mary

“Dear Steve, I am 60, husb is 62. Own land/home worth 300,000+ free and clear. Never took out loans – used low interest cr cds. Our credit score is around 730. All pmts on time always. Making min payments though. Used to tfr to lower int cds until fall last yr when all companies raised … Read more