“Dear Steve, We have about 35k in credit card bills. There’s 4 cards, one is the biggest, and it’s the overdraft card for our checking account and it’s steadily growing. We’re living beyond our means i guess. Trying to find ways to save money but medical bills and gas costs are killing us these days..We’re …
“Dear Steve, We were in a bad/pick-a-payment/bi-weekly mortgage loan and in our struggle to keep our house, we used credit cards to supplement paying our household expenses. We have found ourselves with nearly $40,000 of debt. After three attempts, we finally have a loan modification, so now are making every effort to ‘catch up’. We …
“Dear Steve, I have about 16 credit cards that have a revolving balance for a while now (around 2-3 years or more on some.) and I’m in a situation now where I’m out of work and had to evacuate my home because of a toxic mold issue. Even when I was working I never made …
“Dear Steve, I was a real estate appraiser with my own business. When the market went south, so did my business. During that time, my wife was pregnant (we have 2 kids) and lost her job. I was using credit cards to stay afloat, before I got a job, but my wife was out of …
“Dear Steve, I have some extra money this month and wanted to know which was the best way to go. Pay on the cards with the smallest balances or highest or is the better route the one with highest interest? Taylor” Dear Taylor, If you’ve come into some extra money I’d first suggest you save …
“Dear Steve, Moved to Ohio 3 months ago, from CT where we were delinquent on our upside home mortgage and managed to renegotiate the second mortgage to 20% of the total, then were able to sell our house and relocate. We were able to find a private individual to finance our new house for us …
“Dear Steve, I make a decent salary (120K) and recently bought a used car (credit pulled) and moved from TX to CO (credit pulled). I have been weighed down by about 17K in debt for several years – just sort going up and down, up and down. I am ready to do whatever it takes …
“Dear Steve, I’ve been carrying credit card debt since grad school in 1988 – it went from 15,000 to 40,000+ plus in 29 years. I’m gainfully employed, but am 55, living on one income and supporting 2 people. My 81 yo mother lives with me and does not receive enough from Soc. Security to cover …
“Dear Steve, My husband and I are both working everyday– with No days off– we are JUST PAYING our maxed out credit card bills– $45,000– + –mortgage on our house–$122,000– home equity $42,000-etc.- the bills never go away– they keep getting bigger– and we do not even use them anymore– late fees, CRAZY interest, etc. …
“Dear Steve, The question is for my parents who are in debt. They have about $30K in credit card debt. My mother has never worked and is 74. My dad has worked his whole life and is 75. 6 years ago he was laid off and started to work full time in real estate, which …
