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

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