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Ask The Get Out of Debt Experts

Is This Unsecured Debt Consolidation Loan the Best Way to Pay Off My Credit Cards? – John

couple working

“Dear Steve, Have numerous cards ( 3 standard visa cards , 2 store cards, gas card) most of them close to being to max limit. I make the monthly payments on time and have been for years. However the interest rates on them are really high on a few and was wondering if doing the unsecured consolidation loan was the ... Read More »

    I Want to Improve My Credit and Get a Mortgage With My New Wife. – Devin

    Couple Buying House

    “Dear Steve, Although I have made great strides in the last 4 years, I brought a poor credit history and score to our marriage (married for 5 months). My wife, whose name is on our mortgage as she owned our home prior to our marriage, is happy and proud of the work I’ve done to raise my score from 590 ... Read More »

      Military Debt Management Agency MDMA Hits Military and Consumers for Student Loan Help

      Screen Shot 2013-02-07 at 2.23.51 PM

      A tipster (send in your tips here) sent me a fee schedule from the non-profit credit counseling group Military Debt Management Agency (MDMA) in Florida. The reader was concerned that this non-profit 501(c)3 IRS approved charity that is supposed to be helping military members and general consumers was taking advantage of those with federal government student loan debt, by charging ... Read More »

        Will The Fairness for Struggling Students Act Allow Me to Discharge My Private Student Loans in Bankruptcy? – Lexi

        stressed-woman

        “Dear Steve, I owe $25,000 in credit card debt and over $120,000 in student loan debt. Half are federal loans and half are private loans. I am a single mother of two little ones and the reason for my debt was mostly due to my failed marriage and going to an expensive school. I am getting ready to file for ... Read More »

          I’m Falling Behind on My Other Bills to Keep My Payday Loans Current. – Rebecca

          top secret

          “Dear Steve, I have 2 payday loans 1 for $650 w/a local loan service and 1 for $750 with a online company. I’m current on my payments with both (online company withdraws from my bank acct) but I’m only able to pay the minimum balance owed and I’m falling behind on all my other bills. It seems like I’m paying ... Read More »

            I Took Out a Parent Plus Loan for My Daughter’s Education I Can’t Pay Now. – Lee

            Student Loan Corkboard Concept

            “Dear Steve, I am a middle-aged woman who has been ill for over a decade and has not been able to work during that period. In the 90’s I took out Parent Plus Loans for my daughter’s education. I began to make payments on them as they came due until I became ill and lost my job and my house ... Read More »

              The Bank Can’t Find My Mortgage After My Bankruptcy. – Bernice

              Woman in safari hat looking through binoculars

              “Dear Steve, I have filed for Chapter 7 Bankruptcy in 2012 and was discharged from all unsecured debt in June of that year. I have been paying all secured debt which includes a mortgage, a line of equity (no longer useable), and a car note as well as my utilties, insurance payments, etc. All of those bills have been paid ... Read More »

                I Want to Go Back to School But Have an Old Defaulted Student Loan. – Lizzy

                College Tuition Expenses

                “Dear Steve, i went to a computer school 9 month course , had to leave weeks prior to graduation for family reasons. 1982 , back in 1991 the irs took my tax return , i now have no paperwork on any of this, im 52 , been thru some health issues for the past few years , no work… i ... Read More »

                  How Can I Take Care of My Tickets to Get My Drivers License Back? – Martin

                  ticket

                  “Dear Steve, The amount is as old. THe court will not work out payment aggrement. I live in AZ which limits my options. I have some tickets in almost $2000 and my liscense has been suspended untill they are paid in full. I’m in need of getting it taken care of it soon since i have a PT job pending. ... Read More »

                    So You Are Going to File Bankruptcy. That’s Good News. Congratulations.

                    The decision to file bankruptcy should be a celebration.

                    Here is something you don’t expect to hear people say, “If you file bankruptcy your life will get better.” Well, I did file bankruptcy and my life did get better. Within three years after our bankruptcy we had purchased a house and before that had rebuild great credit using secured credit cards. In fact for me, my financial failure and ... Read More »

                      I’m So Afraid, Scared, and Ashamed About Bankruptcy. – Jack

                      afraid alone

                      “Dear Steve, I’m 75K in credit card debt. My take home pay is 3136 a month. My monthly expenses plus credit card bills equals 3172. I have $900 in savings. This doesn’t include my $5100 tax bill due in 6 months or groceries. I’ve been barely able to make ends meet and I put groceries on my cc. Now I ... Read More »

                        I Have Great Credit But Where Can I Get an Unsecured Debt Consolidation Loan? – Tony

                        Happy people celebrating with money raining

                        “Dear Steve, I have 3 credit cards, all maxed out : $18000 at 29.99% interest, one for $23000 at 15% interest, and the other is $6000 at 10% interest. I pay my credit card statements on time every month, I haven’t missed a payment but yet the credit union and personal bank decline my debt consolidation loans and I have ... Read More »

                          I Got a 1099 for a Debt Care One Was Settling for Me. – Ilene

                          1099C

                          “Dear Steve, I recieved a 1099 C from a bank credit card that I purchased in 2008. I lost my job and could not pay it until 2010 and I put the card on Care One which is a debt settlement service. I lost my job again in 2010 after paying to care one for a full year. They turned ... Read More »

                            My Husband is Horrible About Dealing With Money. Grand Schemes and Debt is All We’ve Got. – Marie

                            Super Hero - Female

                            “Dear Steve, My husband and I are married for 4 years now, have 2 kids and one on the way in a few months. When I married him he made it seem that he is financially stable and ready for a family. But when his cash cow business was shutdown right before we got married things spiraled into insurmountable debt. ... Read More »

                              Should We Deal With Our Old Debt or Use Our Cash to Build a House? – Shane

                              New Construction

                              “Dear Steve, newly wed 30yo male. i have around 95k in debt…. Around 70k is student loans from sallie Mae. 30k of which is co signed for my wife and her brother. all of which have defaulted…..The rest is made up of a reposessed vehicle 4 yrs ago..15k.. And various credit cards maxed out. 10-12k.my wife and I have been ... Read More »

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