I’m Currently in Debt and Not Getting Anywhere. – Penny

“Dear Steve, I am currently in debt with credit card debt totaling roughly $36,000. I am married and we are not having trouble making minimum payments. However, I feel like we are getting nowhere, and can’t really afford to make more than the minimum payment. I have contacted MMI (Money Management International) and they can … Read more

Why Opting Out of Changes in Credit Card Terms Can Be a Bad Idea

I just answered a question from a reader that mentioned that she was going to opt out of a change in terms by her credit card company so she could keep her interest rate where it is now. While that certainly seems like a logical move and a good thing to do, it simply might … Read more

I Saw You Sugegsted LendingClub to Someone. Should I Try That? – Renee

“Dear Steve, I am a divorced single mom of 2 pre-teens, work full-time, I am a homeowner and I have no savings. My problem is this: After paying for the mortgage, utilities, insurance and bills, I have very little left to live on. This has resulted in my using credit cards as a “back up” … Read more