Michael is Looking For a NFCC Debt Settlement Program

Michael “Dear Steve, I am approx. 30,000 in cc debt.Am cuurrent with payments but future doesnt look so good. Needed money for medical bills and to keep operating my business-excavating. I am looking for a good debt settlement program-is the NFCC something to consider or is there others. Thanks. Michael” Dear Michael, When you mention … Read more

Rebecca the Nurse Wants to Get Her Student Loans Off Life Support

“Dear Steve, Student loans private 30,000 at 10% with five separate loan groups/amounts refuse to consolidate and lose control of options. Federal two groups one at 27,000 the other 29,000 both at 5.75%. 39 years old and have been working as a nurse for 1 year making at this time $62,000. I want to attack … Read more

Lorena is Worried That Having Multiple Banks Accounts Will Hurt Her Credit

Lorena “Dear Steve, I have three bank accounts. Does opening more than one bank account affects my credit score? What can I do to fix this? Lorena” Dear Lorena, I am not aware of any reason why having multiple bank accounts would negatively impact your credit score or credit report at all as long as … Read more

Lauren Went Crazy With Credit Cards And Now She is Maxed Out

“Dear Steve, I just started going crazy opening credit cards and maxing them out. Can you get me out of this hole? Lauren” Dear Lauren, Thank you for writing to me for help. The initial reaction of many that read your question will not be one of sympathy. The corner you have found yourself in … Read more

Anne is Struggling With Her Student Loans and Sallie Mae

“Dear Steve, I am currently in debt management and I have used up all of my forberance. I cannot make the payments. Half of my take home pay goes to debt management. Is there any way I can postpone payments rather than forberance or financial hardship? Sallie Mae will not give me financial hardship–they say … Read more

Fred Owes AMEX $40,000 And Can’t Pay American Express Back

“Dear Steve, I own a home based business (S corporate in CA). Since the begining of the year, I’ve been make less than previous year. Hoping it would change, I used my AMEX to make up for the difference….You can figure out the rest. My bill of 40K+ is due in a couple of days … Read more

Jessica is Engaged, in Debt, and Broke But Wants Big Wedding

“Dear Steve, I am 25 years old, pretty deep in debt, and engaged to be married. My fiancee, who I’ve been with for just over 7 years now, was gracious enough to tell me we could get married whenever I was ready. Now the problem – my debt. My debt currently consists of the following: … Read more

Teresa Wants Quick Cash to Not Become Homeless

“Dear Steve, In debt to cash advance companies and am short $350 for the months bills Is there any help with cash advance loans and how can I get cash quick to not become homeless? Teresa” Dear Teresa, The easiest way to not become indebted to cash advance companies is to not take out cash … Read more

Crystal is on a Fixed Income But Wants to Get Her Credit Cards Paid

“Dear Steve, I am currently on fixed income of about $657 amonth. My income comes from SSI and Social Security disability. I have a couple school loans and several past medical and credit card bills that I want to get paid off. Tell me what I can do to get my credit cards and all … Read more

Crystal Went Bankrupt But Did Not Include All Her Debts. She Left Out Two Payday Loans. Oh Crystal.

“Dear Steve, Hello…my situation is that I filed bankruptcy earlier this year. At that time, I didn’t include (2) payday loans which I was under the impression were not considered under Chapter 7. These loans are out of Delaware. I thought I could control them afterward the filing. Since the filing, I was laid off … Read more

Sally is Divorced and Ex-Husband Has Stopped Paying Mortgages

“Dear Steve, Hi, I am hoping for some help. I have read some stuff already on your website regarding this, but my situation is a bit different. My ex-husband and I are divorced for a year, separated for 2 yrs prior to that. In our separation agreement it states that he is responsible for 2 … Read more

Joe Started His Business Using Credit Cards And Now He is in Trouble

“Dear Steve, I had some bad luck in small business and had to use my credit cards and now I am about $50,000. in debt. I have very little income coming in right now and have about 3 months of cash left to pay the mortgage and monthly bills. I want to pay my bills,but … Read more

Carolyn Built Her New Home Using Credit Card Cash Advances

“Dear Steve, I built a new home using credit card cash advances. I now have $85,000 in credit card debt and the interest rates average 25%. I can make up to $2500/month in credit payments but the interest rates are killing me. I had great credit before this issue. I have a good job and … Read more