Posts Tagged ‘credit card debt’

How to Get Out of Debt (and NOT get scammed)

DebtAdvice asked: Got Debt? In Trouble? Don’t Know What To Do?www.DebtReliefCompanies.net offers straightforward and honest breakdown of your options to get yourself out of credit card debt. Save hours of research! Debt help is available but be careful before deciding which debt relief solution is best for you. One size does not fit all so [...]

Mortgage Finance Experts: How will the market affect homeowners who will be refinancing next year?

Kate373 asked: My parents bought their home 4 years ago at a 4% rate, which is due to change next year when their loan rate. With the market crunch and the new strict lending that’s bound to occur as a result of this, they are worried about what refinancing has in store for them. The [...]

Improve Credit Rating – Dispelling 5 Myths

Jed C. Jones Ph.D. asked: There are a lot of myths floating around about how to improve your credit rating. Truth is, a better credit rating can save you $1,000s in annual debt payments.Here I dispel 5 myths about improving your credit rating:Myth #1: I do not stand to gain much financially by improving my [...]

Credit Card debt, balance transfer?

Misplaced Midwesterner asked: I have about $500 of debt on a credit card and they just increased the rate to 29%. The card limit is $700. I also have a credit card with a $8,500 limit and a 13% fixed rate. Would it be a good idea to transfer the balance from card A to [...]

can you buy a house with bad credit?

burppyy asked: with credit card debt around 20K? I want to buy a house fix it up flip it sell and with that money pay off my credit card debts cause at this rate it will take years and years to pay it off.Herbert

Student Loan for Low Income, $20,000 Credit Card Debt?

Doubting Thomas asked: Here’s the deal: I want to go to a trade school that’s 6 months long 8AM to Noon Monday thru Friday. The school will cost me just under $11,000. It’s a trade where I know I can get a good job in my area based on my own local research and talking [...]

Credit Card Debt Information : Does It Hurt a Credit Rating to Cancel a Paid Off Credit Card?

ehowfinance asked: Canceling a paid off credit card can hurt a credit rating because credit card companies can pretty much do anything that they want. Consider keeping a paid off credit card to avoid damaging your credit score with tips from theowner of a debt settlement company in this free video on credit cards. Expert: [...]

Pay down credit card debt by transferring to lower rate card or with personal loan?

ToH asked: We have two credit cards with a balance totaling around $11,000. In order to pay off this debt as quickly and financially sensibly as possible, I’m trying to decide whether it would be better to transfer the balances to one new card with a low introductory rate or use an unsecured personal loan [...]