Home > Tag Archives: month-to-month

Tag Archives: month-to-month

I Can’t Get Out of Debt With What I Make. What Can I Do Without Hurting My Credit? – Michelle

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“Dear Steve, I took all the debt from my previous marriage plus a mortgage. I have been able to pay at least the minimum for the last 3 years but have been unable to pay down anything. I have asked for rate reductions, etc. One card offered me a temporary rate reduction but the others have not. My credit was ... Read More »

    We Just Can’t Get Caught Up on Our Bills and Debts. – Beth

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    “Dear Steve, Divorcee’ with one child, remarried, living in home that is mortgaged under my ex-husbands name only and the deed is in my name only (don’t ask how-lol). Remarried we both work full time jobs My credit WAS descent, until the wedding, honeymoon, car issues and he got laid off. Now things are looking up, but my cards and ... Read More »

      Credit Card Consolidation Program is Not Working For Us. – Peter

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      “Dear Steve, My wife and I moved about 10 months ago for me to start a new job and it seems that our debt situation has gotten worse to the point of now wondering if we can make it month to month. We are both currently employed but it seems that our paychecks are not covering our debts. We went ... Read More »

        Bills Are Paid But Seriously Struggling to Stay Afloat. – Kelly

        “Dear Damon, 25 years of marriage, lots of really bad financial decisions. We are seriously struggling, barely staying afloat. At this current time all our bills are paid up to date. Son is in college, daughter will be a junior in high school. We owe more on our house and 1 vehicle than they are worth. The attorney we met ... Read More »

          Half of Americans Tapped Out and Broke. Anyone Surprised?

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          The National Bureau of Economic Research recently released a paper that looked at the “financial fragility” of households. They determined fragility as the inability to come up with $2,000 in 30 days or less. Approximately one quarter of Americans report that they would certainly not be able to come up with such funds, and an additional 19% would do so ... Read More »

            How Do I Get Out of Debt? I Got Stuck on Credit Cards in College and Still Trying to Dig Out. – Sarah

            “Dear Damon, I’m 33 years old and have about $15,500 in credit card debt. Like many college students in need of cash I naively got sucked into getting credit cards many years ago and now have 5 credit cards in which I’m only able to pay the minimum amounts due each month. Although I have sometimes managed to lower the ... Read More »

              I’ve Been Using My House as an ATM Machine. – Jeannette

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              Jeanette “Dear Steve, I have used my home as an ATM machine to put 2 kids and myself through college. We have a primary mortgage at 6% and a home equity loan at 8% both at a fixed rate (total loan amount $250,000.00). January 2008 our home appraised at $310,000.00. Problem, we have one hundred thousand dollars in credit card ... Read More »

                My Wife and I Are Both Maxed Out on Credit Cards. Where Can We Go? – Alvaro

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                “Dear Steve, I have four credit cards that are pretty much maxed out for a total of approximately $18,000 and my wife has three credit cards for a total of about the same amount. This debt is not including the taxes we owe and car payment. Can you please suggest a place to go for assistance on how to pay ... Read More »

                  I Make Too Much to Consider Bankruptcy. – Jim

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                  “Dear Steve, We are behind and can’t catch up. We were waiting for a refinance from our credit union. Their guy appraised our house $200,000 than a year and a half ago. We had delayed paying a few bills in anticipation of the cashout. When that didn’t happen, we fell behind. Then my car was stolen and totalled and I ... Read More »

                    My Situation Feels Hopeless. I Feel Sick About it. – Erica

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                    Erica “Dear Steve, Steve my husband and I are up to our eyeballs in debt, in 12 years we’ve had 3 state to state moves from his job and are currently on our 4th one. We have racked up 70k in debt and now with money being the way it is I’m petrified we wont qualify for a car or ... Read More »

                      Debt Help for Marc & Julie – Video

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                      Dear Marc & Julie, I saw your video and wanted to offer you some advice. My advice comes from the fact you have had sporadic employment and you have a child on the way in six months or so. For me the issue distills down to one primary question. Do you have a greater responsibility to repair the past or ... Read More »

                        Steve, You’ve Been a Big Help So Far But I Need Some More Advice. – Joan

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                        “Dear Steve, Your website gave me hope about my situation. I’ve been a single mom of 3 for years now, and have struggled with debt forever. I am now 51 and figured that was just my lot in life, but it gets old after awhile. I’ve always worked full time. I have a home, and for the first time have ... Read More »

                          I’m a Police Officer and Don’t Know Where to Look for a Debt Consolidation Loan. – Mike

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                          “Dear Steve, Current situation is simple, for the first time in 14 years, we have fallen behind on our mortgage. Looking at our monthly numbers, my wife and I make decent money, bringing home around $6300/month. Our accumulated debt and other regular payments now total around $6600/month and that does not include basic living expenses like food and other necessities ... Read More »

                            I Can Never Get Ahead. – Chad

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                            “Dear Steve, Holding minimal credit card debt, maybe $3,000.00. Owe $8,000 in Medical/Dental debt. Owe $16,000.00 in student loans. Owe IRS roughly $15,000. My monthly bills are $800.00 in child support, $440 car payment, $770.00 rent, not even sure on credit cards maybe $400.00 and utils and insurance about $400.00. Expenses maybe $400.00 per month. Past C7 and C13, closed ... Read More »

                              We Live Paycheck-to-Paycheck But Don’t Want to Hurt Our Score to Get Out of Debt. – Lori

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                              “Dear Steve, My husband and I are in over 65k in credit card debt. We make the minimum payments every month on all our cards. We are in good standing with all of them, but we live paycheck to paycheck and we have no savings. We also don’t want to hurt our credit score. I was wondering what my options ... Read More »

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