Latest Posts
Home > Ask The Get Out of Debt Experts (page 62)

Ask The Get Out of Debt Experts

Who Will Give Me a Debt Consolidation Loan to Payoff My Debt? – Tony

magnifying glass and a Denied credit application form

“Dear Steve, I have 3 credit cards, all maxed out, one is $18000 at 29.9% interest rate, the other one is $23000 at 15% interest and the 3rd is $5000 at 10% interest. I pay all payments on time and have great fico score but all credit unions and personal banks decline my debt consolidation loans. what is the best ... Read More »

    Should I Stop Working for the Church and Get a Paying Job to Pay Off Our Debt? – James

    church

    “Dear Steve, I have a $50,000 credit card debt for which the monthly payment is $1,000 at 9%. I receive a $24,000 military retirement and my wife makes $40,000 a year. I have $230,000 from early retirement in an annuity and we refinanced our mortgage two years ago for a 5% rate and the balance is $217,000. I am 58 ... Read More »

      We Make 150K But Living Paycheck to Paycheck. What Should We Do? – Roy

      middle age couple

      “Dear Steve, My wife and I are in our mid 50s living in suburban NY. Our kids are in college. Combined, our income is $150,000. While this is considered to be good money, it just doesn’t seem to be enough to cover our needs and save for the future during the years that we should be doing that. We owe ... Read More »

        Will I Get Arrested in Saudi Arabia Because of My Bad Debt in Dubai? – Don

        gcc money

        “Dear Steve, I’m credit card debt and one PDC loan and one monthly payment loan. I’ve lost my job in dubai. I’m currently in dubai and i have informed banks with the same situation and have already provided them with termination letter copy. I’ve been offered a role in Saudi arabia. I’ve every intention to pay every penny to the ... Read More »

          How Quickly Does Bankruptcy Protect Me From My Creditors? – Mary

          Bankruptcy Road Sign

          “Dear Steve, 58yo..unemployed for a few years.due to layoff….maxed credit cards and behind by 6 months. Just gave my BK paperwork to attorney. I believe that due to my poor credit, I cannot find a job. Having a hard time just paying the important bills. Discover has now stated they will either give me to collections or to an attorney. ... Read More »

            I’m Concerned About Using Lending Club and this Ripoffreport.com Complaint About You. – Norma

            Cosplayers at San Diego Comic Con 2009

            “Dear Steve, I found your site a while ago and I was already enrolled in a debt management program who would not respond to me. Somehow, you got me a valid point of contact who resolved my issues and everything went smoothly until I fulfilled my obligations. However, I am looking for a personal loan to consolidate some debt incurred ... Read More »

              Can Our Old Home Qualify for Tax Forgiveness if We Rented it? – Kevin

              IRS

              “Dear Jim, Bought a house in 2006 as my primary residence for 185k. In 2009 we receieved an appraisal of the property for 90k from the county. In the middle of 2009, I had to take another job which required a move across the US. With no time to try to sell the house, I decided to rent it out ... Read More »

                We Should be Filing Bankruptcy But Want to Avoid Bankruptcy. – Mel

                covering eyes

                “Dear Steve, We owe over $100,000 in unsecured debt. Of course our outgoing is more than the incoming. BUT…somehow we have been able to maintain a current status with our payments. Technically, we should be filing bankruptcy but we are going to give repayment on our own a try first. I understand that your first loss is your best loss ... Read More »

                  I Am a Washington State Client of Lloyd Ward Group. – Dave

                  Searching-right

                  “Dear Steve, I used Lloyd Ward Group to settle 6 unsecured credit card debts. I was charged approximently $4,500 for a $15,000 debt settlement. I live in Washington State. Are there any rules for the amount I should have been charged by the firm? I am unable to locate any information. I am refering to the article you published about ... Read More »

                    I Want to Know if Debt Settlement, Debt Consolidation, or Credit Counseling Work

                    chalkboard

                    “Dear Steve, I owe $52,000 in credit card debt. I want to know if Debt Settlement, Debt Consolidation, Debt Counseling etc….Do any of them work? I do not want to file for bankruptcy. I have not missed any payments but mostly minimum payments. In the mail I get all kinds offers for Debt this and Debt that. It has been ... Read More »

                      I Had to Leave Debt in the UK to Return to India. – Purvi

                      uk

                      “Dear Jon, I am an Indian who lived in UK for close to 6 and a half years. I was a student initially and then worked on a post study work visa for 2 years. I have lived my life in UK, with dignity and respect in all these years. In june 2012, I had to return back to India ... Read More »

                        How Does Debt Settlement Work? – Seth

                        No problem

                        “Dear Steve, My parents really need to figure out some way to get out of Debt. I just heard of a debt settlement. How do debt settlements work? And do you advise using them? Or should they just go with a debt consolidation? They have good credit, but really need a solution. Seth” The Answer Dear Seth, Let’s not get ... Read More »

                          My New Husband Says Bankruptcy is Out of The Question. He’s Against It. – Susan

                          stressed

                          “Dear Steve, I have credit card debt of about $12,000 on top of my student loans which total about $22,000. I am not proud of the situation I am in. Living on my own and going to school (and being young and dumb) I used credit cards to get by and now they seem like they are never going anywhere. ... Read More »

                            Can Direct Buy Hold Us to The Contract? We Want Out.

                            fist

                            “Dear Steve, We recently entered into a contract with Direct Buy. We singed a contract that showed the balance paid in full. Before leaving the building we were notified that the full amount did not charge through to our card. We told the representative to process the remaining balance the next day, assuming that it would go through. No adjustments ... Read More »

                              I Took Out a Student Loan to Cover Life Expenses and be a Mom. – Layla

                              oops

                              “Dear Steve, In 2008 I took out a student loan to help me pay for expenses and be a mom without exhausting myself doing it. I asked for $10000 and the guy convinced me to go with the full amount I was approved for which was $23000. I was not able to graduate and now they are knocking down my ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.