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Sandra Is a Single Mother And Worried About Paying For College

Question: Dear Steve, I am a 40-year old single mother of one. Currently, I have $22K in credit card debt among 3 creditors: American Express $16K (9.99%), Home Depot $3K (12%), and Furniture Express $3K (zero interest and payment until March 2010). I have $35K in student loans (6.2%) with Wachovia, who is also the …

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Single Parent, Stuck in Low Wage Jobs, Huge Student Loan Debt. – Heather

“Dear Steve, I am a single parent, sort of an empty nester, but not quite. I have always worked low wage jobs because I don’t know the right people. I thought my brains and work ethic would get me past that. Long story short, I finally graduated college at 40, but I am still working …

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I’m a Single Mother. How Can I Get Out of This Debt and Get Ahead in Life? – Shauna

“Dear Steve, Hi, Steve! My name is Shauna and I am a 22 year old single mother attending a community college and living at home with my mother and three other siblings in a 3 bedroom apartment. A lot, right? Well, the thing is that I used to attend an university but was kicked out …

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I’m a Single Mother Stuck in Debt. I’m Stressed, Apprehensive, and Worried.

“Dear Steve, Hi Steve, I am a 35 year old single mother, who has about $15,xxx.xx in credit card debt. I’ve been robbing Peter to pay Paul, and need a smart way out. Can you please give me insight, as to how I can get out of debt, without using a debt consolidating company? I’ve …

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Single Mother Trying to Raise 6 Kids While Working Part Time. Capital One is Suing. – Sunny –

“Dear Steve, I’ve always paid my bills on time and eventually obtained a credit score as high as 720. I became pregnant in 2009 and 4 months into my pregnancy I started getting complications and was ordered to bed rest by my doctor. I was out on medical/family leave for my remaining 5 months so …

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Single Mother, No Help, Trying to Make Ends Meet. – Jennifer

“Dear Steve, I am a 36 year old single mother of 1. By single, I mean no dad to even help with child expenses. I work FT and contribute 4% to my company’s 401k which is matched 100%. My monthly mortgage is 52% of my take home and I’m currently looking at refinancing from the …

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Can’t Afford My Credit Cards. Living on Food Stamps, Child Support and College. – Stacy

“Dear Steve, My situation is this. I am in credit card debt in the amount of over $10,000. I have recently moved to try to get a better education to get a better job. I am a single mother with three children and do get government assistance in the form of medicaid and foodstamps. Before …

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