I’m Current But Maxed Out and Want to Get Out of Debt. – Julia

“Dear Steve, I have 45k in credit card debt I am single just started a new job which is based off of commision. I am current on all of my bills no lates or over limits I am at 80% of limits, however I can only pay minimum payments on the bills. Please give me … Read more

I Racked Up Debt And Struggling With the Minimum Payment. – Peter

“Dear Damon, Racked up Credit Card debt (50K). Haven’t missed any payments (yet), but struggling to be able to pay down debt more than the minimum payments (about 1300 a month). Barely making minimum payments, do not foresee any significant income increases. Looking to buy-down debt quickly, and free up monthly income for savings, etc. … Read more

I’m a Recent College Graduate Trying to Dig Myself Out of Credit Card Debt. – Megan

“Dear Steve, I’m 22 and in 6,000 credit card debt! I am a recent college graduate, and in some credit card debt. In college, I racked up 3 different credit cards (one with a $4,000 limit, one with a $500 limit and one with a $300 limit – who gives an 18 year old kid … Read more

Fear and Loathing in Debt

Being in debt is not an emotional walk in the park and unless you know what it is like, you can’t feel the pain or suffering that goes with it. People forget or don’t know what it is like to be in debt. No, not the kind of debt where you owe Bob a bit … Read more

If We Stop Paying Our Credit Cards Will it Affect Applying for a Loan Modification? – Wong

“Dear Steve, My husband and I owned a small business, the harsh economy has make our income lower than we expected. We purchased our house 4 years ago, the value has gone down a bit but I don;t think we are up-side-down on our mortage. Our credit used to be really good but because we … Read more

Janet Is In Trouble. She Says “I’ll Be Out Of Money Soon. What Should I Do?”

“Dear Steve, I bought my first home, moving from Pennsylvania to Florida, the only place I knew all my life, following the death of my beloved mother. I was able to put a down payment on a house in a beautiful community in Florida, & live rather cheaply as compared to Pennsylvania. Unfortunately, the job … Read more