Archive for the 'Credit' Category

I have great credit, but a lot of credit card debt. How do I get out from under it?

Sunday, August 1st, 2010

Cecil asked: With all the new laws, the credit card companies have doubled my payments. I have very little left at the end of the month due to this and now am starting to have to juggle payments to keep up. I just refinanced my house, when the market crashed so I have little equity [...]

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How to get out of debt fast?

Sunday, June 27th, 2010

jaredsgirl07 asked: I’m abour 5000 in debt and my fiance comes home in less than 6 months and we plan on getting a place together. I want to have all my credit cards paid off by then. I make about 1000 a month and i have a car payment cell phone bill and car insurance [...]

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How do I get out of credit card debt?

Saturday, June 19th, 2010

Lala asked: I have 2 cards with a limit totaling $800 and I truly only have used them when I have no other option. I was told DO NOT cancel them, but I can’t seem to get out from under them as long as they accru interest. I try to pay more than the minimum [...]

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Obama Credit Card Relief.is it real?

Friday, June 18th, 2010

Stupid asked: I’ve heard that Obama passed something that helps people with more than 10k in credit card debt get out of debt a bit. I received a postcard in the mail titled “Balance Settlement Notification”. Is this fake? Is the Obama thing real? Where can I find info on this? [...]

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How should my friend get out of debt?

Tuesday, June 15th, 2010

matt k. asked: My friend has a home which she owes 300k on while it is worth upwards of 360k. She also owes 120k in credit cards, and she owns a small restaurant business that makes very little money. She can no longer afford many of the payments on these things. What should she do?Kevin [...]

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I want to know if I can take all my debt and put it all on one credit card with the bank i use? please help?

Monday, June 14th, 2010

dee asked: I currently am using chase bank. I have a credit card from them with a very low interest rate that I have not used. I owe 2000 on an amex card, 500 on another chase credit card, and i owe 3000 on a couch that was financed through citibank. My main issue is [...]

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whats the simplest and shortest legal way to get out of debt?

Saturday, June 12th, 2010

CJ asked: Started working last year december earning a net basic income of R10400, for investment purposes I bought a newly developed upmarket apartment and ended paying morgage of R4300pm(I stay in it) and then after that I bought my first car and I am paying R3500pm and since I work 2km away from work, [...]

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Building Credit AFTER getting OUT of Debt?

Friday, June 11th, 2010

Jessie4reel asked: Are there any ways to build my credit score up after getting out of debt? I do NOT have credit cards or anything like that. I’ve NEVER filed bankruptcy, either. But I DID have credit cards and maxed them out (and beyond) to cover medical bills. Now, I’m paying them off and ALMOST [...]

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Would it be better for my credit if I pay a percentage of a debt, or the whole thing?

Tuesday, June 8th, 2010

Jessica asked: I got an overdraft debt with my bank, and it turned out to be $905 total in overdraft and the charges. It was sent to collections and they are offering a “deal” that would allow me to pay 70%. Would it better for my credit if I paid the full amount, or does [...]

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How do I get out of debt after a big down fall on my part, I have credit cards to pay and haven’t paid?

Monday, June 7th, 2010

Georgia W asked: I have 10,000 in credit cards to pay off and need to figure how to pay them without troubleJay

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