I Want to Use My Tax Refund to Pay Down My Debt. – Laurie

“Dear Steve, Okay you asked, I have my five credit cards($850), ($120), ($140), ($870), ($550) an overdraft, gas card, timeshare, 2 car loans and a mortgage. I also have to pay my property taxes for my home($1050) and the time share($883). I want to knock out 2 cards one both under $150, and try to … Read more

Judy Is Worried “Should I Save or Pay Off Credit Card?”

Judy “Dear Steve, Should I save the amount after paying off a credit card debt or pay down another. Help please. Judy” Dear Judy, You asked a great question and one that seems easy but has different valid and possible answers. If you are digging yourself out of a debt hole the initial knee jerk … Read more

Richard Writes In “How Do I My Share Of Government Money To Get Out Of Debt?”

Richard wrote to me at GetOutOfDebt.org and asked me the question below. If you have a question you’d like to ask, just visit GetOutOfDebt.org to contact me. “Dear Steve, I keep hearing about free money from the government to pay off my debt. How can I get some of that money so I can get … Read more

Which Debt Should I Pay Off First, Credit Card or Personal Loan? – Sean

Sean “Dear Steve, I’m a 20 year old college student around $2000 in debt, with two credit cards and one personal loan. What should I pay off first? The credit card with the highest balance or the one with the higher interest rate, or the loan. What effects my credit score the most? Sean” Dear … Read more

How Can I Save Money and Get Out of Debt at the Same Time? – Rob

“Dear Steve, I read an article that said if you want to pay down your debt quickly, it is ridiculous to try to save money at the same time . You should put all available funds into debt reduction so that you can snowball your payments and get out of debt faster. The conventional wisdom … Read more

Bank of America Offers “Clean Sweep” Debt Consolidation Loan Up to $50,000. Let’s Look at The Facts And See Who Is Really Cleaning Up.

In this time of great economic worry and stress, Bank of America is sending out an offer they call their Clean Sweep® – Bank of America® Debt Consolidation Plan. I thought it would be beneficial to take a close look at this offer and use it to help educate readers about what to look for … Read more