Question: Dear Steve, I’m drowning in credit card debt and a personal loan. Like others, living costs are almost impossible, and I haven’t been able to pay minimum balances. No doubt I get like 30 calls a day and mail. I’m going insane. My score took a plunge, so I can’t get one loan to …
Question: Dear Steve, I have credit card debt that I fell behind on while my elderly parent was sick in Hospice. How can I pay off my credit card debt without paying all the interest? What company is the best for cutting my debt down to one simple payment so it’s all paid off? Kim …
Question: Dear Steve, I have 25K in high-interest credit card debt. What’s the best loan to take care of it? Personal vs. home equity? Or what would you suggest? I do not know the best way to pay it off or down to a manageable level. Any help you could provide will be greatly appreciated. …
Question: Dear Steve, I have about $70,000 credit card debt. I finally got a reliable full-time job and could make about $2500 to $3000 monthly towards it, but the interest rates are killing me. I’ve never had a late payment, and the only thing bad on my credit report is my debt ratio. I’m in …
Question: Dear Steve, Over the last year – two years, I have found myself to be in a huge debt hole. I can’t even say exactly how I got here or why I went down the path that I did. Since 2014, we have slowly maxed out our credit cards, and then in late 2019 …
Question: Dear Steve, Hello, and I want to say thank you for helping us. Here it is in a nutshell: I’m a 75-year-old woman. My husband is 72. We met late in life, and we have no children. We have an apartment in a rent-control property, and we own a property that gives us a …
The highly respected and well-regarded financial expert Ray Dalio had published a video back in 2018 about his Principals for Success. What utterly amazed me was how much he says also applies to people trying to get out of debt or dealing with bad debt. I’ve embedded the video above, but here are the key …
Question: Dear Steve, I incurred a credit card debt of about $9,000, and I stopped making payments on this card. I signed up with a large debt consolidation company and made monthly payments of $250 toward my escrow account. My credit keeps getting hit every month because the debt consolidation company and the credit card …
Question: Dear Steve, I earned a pretty good living in the healthcare field and was paying my debt, saving and investing well until a family illness struck last July. My Mom was hospitalized and sent to hospice due to heart failure. I took time off work to be the primary caregiver to care for my …
Question: Dear Steve, I owe 46,000 on 3 credit cards, with a monthly combined payment of 930.00, and the monthly combined interest of 464.00. I get debt consolidation offers in the mail which I have thought of using, but I am not sure they are legitimate. I have thought of trying to get a second …