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Should I Do Debt Consolidation or Debt Settlement? – Jimi

Jimi “Dear Steve, I am $60,000 in credit card debt. The banks have lowered all my limits and raised all my interest rates astronomically. Is it better for my future credit to do Debt Consolidation or Debt Settlement? Thanks! Jimi” Dear Jimi, A debt consolidation could be refinancing the home mortgage to take cash out … Read more

Retired With Debt on Social Security. What Should I Do? – Kent

“Dear Steve, Retired one year ago.Have $37,000 in credit card debt.Payments total $1,200 and my SS is $20,000. I am not behind but struggle to make payments. Several cards have uped my rate to 30.0% only do to my debt to income ratio.Again, not behind but getting nowwhere with cards increasing rates. Considered Banko or … Read more