Question: Dear Steve, I am deeply in debt and need advice about my best option. Do you recommend Damon Day as a debt advisor? Leonora Answer: Dear Leonora, Damon is one of the few exceptional people I know who offer special assistance to people struggling with debt problems. The short answer is I do recommend …
Question: Dear Steve, I have a Parent Plus loan w/ a $500/mo regular payments, not income-driven or whatever. I have about $2800 in credit card debt. I think I’m putting approximately only $300-400/mo into retirement savings which started at nothing three years ago. I want to increase that amount, of course. I was unexpectedly laid …
Question: Dear Steve, I have worked with Damon Day for a year, and he finally got me a solution with Navient for my student loans. It was unbelievable, too good to be true. I have given 5,000 as a down payment tomorrow to Navient, and I’m terrified. But Damon Day is for real, isn’t he? …
Question: Dear Steve, I have been talking to Damon Day…great guy, by the way….about my debt situation. I have about $55000 in unsecured personal loan/credit card debt. He said not to go with any negotiation companies but that my goal should be to try to file Chapter 7. But between my husband’s income and my …
Last week I had the pleasure of attending the personal finance write conference, FinCon. The meeting was held in a very hot and muggy Orlando. Nearly 2,000 writers showed up for a whole bunch of sessions and presentations. I left the conference with a few observations and realizations. The first is there are a lot …
When a person is struggling with debt and looking for outside help from a company or person, they should certainly have risks and rewards disclosed to them. Ideally, the disclosures would help a person to best evaluate which direction to take for help, and who to trust. A recent article by Elisabeth Rosenthal in the …
“Dear Damon, I am ready to meet with a person on Monday to sign a paper for Fasttrackdebtrelief program. I was researching it..I am scared now.I don’t trust it. I saw your name in reviews about Fast Track.I need advise~~It is Saturday I am overwhelmed with a large amount of debt..I am struggling to pay …
I wanted to give you an advanced peek at where the site is heading, my plans and what you will start to see soon on the site. I try to be as open as possible so I might as well bring you into the loop on what is in the works. This whole site and …
“Dear Steve, I lost my job 2 years ago and while I was out of work I accumulated approximately $25,000 in credit card debt. I finally got a new job 2 months ago, but with my interest rates so high, I can’t afford the payments anymore. So I looked into bankruptcy but I don’t qualify …
“Dear Steve, Just found your site in the nick of time as I was about to sign a debt settlement contract with Lloyd Ward and Associates. My husband and I are self employed and our businesses had a hard time since 2005, but then bit the dust in 2009. We went from staying current with …