Archive for March, 2007
March 28th, 2007 | 
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a1beachfreak asked:
I’ve had a really good paying job for five years. I didn’t think I’d be faced with an inability to pay my bills, but I just found out my plant will be closing in May. I don’t doubt I’ll find another job, but one making the kind of money I need is doubtful. I don’t want to file bankruptcy, but some kind of a helping hand would be great. I don’t want to be scammed…..I want to be helped! Any ideas about legitimate debt reduction?
Patricia
I’ve had a really good paying job for five years. I didn’t think I’d be faced with an inability to pay my bills, but I just found out my plant will be closing in May. I don’t doubt I’ll find another job, but one making the kind of money I need is doubtful. I don’t want to file bankruptcy, but some kind of a helping hand would be great. I don’t want to be scammed…..I want to be helped! Any ideas about legitimate debt reduction?
Patricia
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Tireless asked:
I pay off first? I have a credit card with $20K on it that is 0% for a year. I have a car payment at 9.15% for 15K. I have a $7,000.00 student loan which is annnoying me at 6.9. Thoughts?
Scotty Digiambattist
I pay off first? I have a credit card with $20K on it that is 0% for a year. I have a car payment at 9.15% for 15K. I have a $7,000.00 student loan which is annnoying me at 6.9. Thoughts?
Scotty Digiambattist
Gayle asked:
I’ve seen on t.v. how credit card debt councilors work with banks when people owe a lot of money on their credit cards. They say they can not only reduce the amount owed but also get your monthly payments down to where they are manageable. How do they do this, are there any consequences such as a reduction of credit score, and is it effective (do they really do this or is it a scam)? Also, how much do they charge? Thanks.
Charles Redus
I’ve seen on t.v. how credit card debt councilors work with banks when people owe a lot of money on their credit cards. They say they can not only reduce the amount owed but also get your monthly payments down to where they are manageable. How do they do this, are there any consequences such as a reduction of credit score, and is it effective (do they really do this or is it a scam)? Also, how much do they charge? Thanks.
Charles Redus
will12345 asked:
officially divorced about a year and I’ve been renting a place for about a year and a half, I’m still on the mortgage account but will be officially off in about a month. The mortgage has been paid all along so I’m ok there, but my credit has suffered in other ways. I really need to upgrade my living arrangement for many reasons, but I also have credit card debt that needs to be addressed as well. I will have access to a decent amount of funds shortly, and my first thought is to pay down as much debt as possible, and then look to upgrade. I know by doing this it will start to impove my credit, but at the same time I’m concerned that by putting all of this money into debt reduction, I won’t have resources to make any changes in my living arragements. I realize that some more patience may be in order, but I’ve been more than patient and we are simply too cramped in an apt. Should I consider only using some of the money towards debt or is there some other angle I haven’t considered? Thanks for any insights or creative ideas – I tend to internalize items and try to solve them alone, but this may be a situation better served by outside ideas and suggestions. Thanks.
Roxy Conkey
officially divorced about a year and I’ve been renting a place for about a year and a half, I’m still on the mortgage account but will be officially off in about a month. The mortgage has been paid all along so I’m ok there, but my credit has suffered in other ways. I really need to upgrade my living arrangement for many reasons, but I also have credit card debt that needs to be addressed as well. I will have access to a decent amount of funds shortly, and my first thought is to pay down as much debt as possible, and then look to upgrade. I know by doing this it will start to impove my credit, but at the same time I’m concerned that by putting all of this money into debt reduction, I won’t have resources to make any changes in my living arragements. I realize that some more patience may be in order, but I’ve been more than patient and we are simply too cramped in an apt. Should I consider only using some of the money towards debt or is there some other angle I haven’t considered? Thanks for any insights or creative ideas – I tend to internalize items and try to solve them alone, but this may be a situation better served by outside ideas and suggestions. Thanks.
Roxy Conkey
Cologne asked:
I’m thinking about turning over my large debts owed to them. I just really need to know how reputable they are and if they have helped anyone out there other than the testimonials they have posted at their website.
My “large debt” is thirty thousand and I have worked out payment plan arrangements with most of them. However, the debt to income ratio leaves me with very little and not enough to pay rent or buy basic nessecities. I know I would have to pay them a percent but can they really help get things reduced even more than I was able to?
Terra Huth
I’m thinking about turning over my large debts owed to them. I just really need to know how reputable they are and if they have helped anyone out there other than the testimonials they have posted at their website.
My “large debt” is thirty thousand and I have worked out payment plan arrangements with most of them. However, the debt to income ratio leaves me with very little and not enough to pay rent or buy basic nessecities. I know I would have to pay them a percent but can they really help get things reduced even more than I was able to?
Terra Huth