Sandra Is a Single Mother And Worried About Paying For College

Question: Dear Steve, I am a 40-year old single mother of one. Currently, I have $22K in credit card debt among 3 creditors: American Express $16K (9.99%), Home Depot $3K (12%), and Furniture Express $3K (zero interest and payment until March 2010). I have $35K in student loans (6.2%) with Wachovia, who is also the … Read more

My Home Depot Project Loan Account is Hurting My Credit Score

“Dear Steve, I buy and flip houses in Colorado and use the Home Depot Pro Loan on all my projects. They give a nice line of credit with a 7.99 percent interest and interest only payments for 6months. I usually pay it off before before that time period. I have done this 5 times and … Read more

I Can’t Pay My Home Depot Credit Cards After the Economy Went in the Dumper. – Lavina

While doing home renovations and remodeling, I opened two Home Depot cards and one at Lowes. The ‘no interest for 6 mos.’ and ‘no interest for 12 mos.’ sounded great, and I was thnking how I could pay off each “program” before the interest rates kicked in. How wrong I was! The economy went into … Read more