Question: My wife and I are US citizens, 78 yrs old, on social security in Alaska, and owe $15,000 USD on a VISA card. We have no other debts and no assets in our name. The cost of living is now overwhelming. I want to remove this debt Can I copyright my name and use …
Question: Dear Steve, I maxed out my credit cards during covid/the last two years. I want to enter into the financial hardship program for my highest card, but they close my account at the end of the program. Will this hurt my credit more than it’s currently being damaged from being at my total limit …
Question: Dear Steve, ME: 69-year-old single male living only on Social Security-no other money available. Former Radiology Tech for 28 years; a catastrophic illness put me on Disability in May 2001, where I remained until I turned 65 and the SSDI flipped to SSA. I live in the state of New York in Cold Spring, …
Question: Dear Steve, I am 71 years old and not able to work much longer. I have credit card debt of almost $10,000, and I will have to quit working in November. I own my home and have no other bills, so I can survive on Social Security but not if I pay all my …
Question: Dear Steve, I’m drowning in credit card debt and a personal loan. Like others, living costs are almost impossible, and I haven’t been able to pay minimum balances. No doubt I get like 30 calls a day and mail. I’m going insane. My score took a plunge, so I can’t get one loan to …
Question: Dear Steve, A while back, I contacted you regarding my living on disability and being unable to pay the increased interest rates on my cards. You recommended HELPS Nonprofit Legal Services. These people are fantastic. They contacted each creditor and let them know they represent me. The services are free for certain income levels. …
Question: Dear Steve, I have $110K of credit cards and loans. I wish to retire in 2 years and would like them paid off before I do My credit score is 724 – which is based on my owing $54,354 in loans and credit. I have another $54,354 in loans which do not show on …
Question: Dear Steve, I have credit card debt that I fell behind on while my elderly parent was sick in Hospice. How can I pay off my credit card debt without paying all the interest? What company is the best for cutting my debt down to one simple payment so it’s all paid off? Kim …
Question: Dear Steve, I am deeply in debt and need advice about my best option. Do you recommend Damon Day as a debt advisor? Leonora Answer: Dear Leonora, Damon is one of the few exceptional people I know who offer special assistance to people struggling with debt problems. The short answer is I do recommend …
Question: Dear Steve, I am a 75-year-old disabled vet. When I retired, I sought ways to bolster my income, and I got scammed. Big Time. I still owe Chase and BoA credit cards a total of nearly $60K. If I have to sell retirement funds to pay them, my income will be a huge hit. …