Should We Sell Our Car And Focus On Getting Out of Debt? – Nick

“Dear Steve, My wife and I have built up about $28K in credit card debt over the last 4 years. We are finally getting serious about budgeting like crazy and put together a plan to pay it off in 3 years. We were given a 36 month loan at 3.25%. We will make payments of …

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Is a Voluntary Repossession a Good Idea? – Dan

“Dear Steve, I owe about $8,800 on my car and with credit card debts being around $13,000, I am unable to pay more than the minimum payment due on that car. I don’t need this car and would love to get rid of it in order to throw that extra money at reducing my credit …

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