Archive for June, 2007

which is the better tax advantage? mortage debt or education loan debt?

Tuesday, June 26th, 2007

answers for people! asked: I’m creating a debt reduction plan, and one of the questions I have is this: is it better (financially) to eliminate mortgage debt before educational loan debt? I want to pay the least amount of interest so I would think the higher interest rate (mortgage) is what I should pay. [...]

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do credit counseling agencies (debt reduction) really work?

Tuesday, June 26th, 2007

susan e asked: i have over $20,000 in credit card debt. i pay everything on time but the balances don’t seem to be going down.Minta Gendusa

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Heard of Debt Reduction Services?

Monday, June 25th, 2007

*ladybug* asked: Has anyone heard of Debt Reduction Services, Inc.? Personal experiences would be appreciated! Thanks in advance!Alida Vinall

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How does the John Cummuta debt reduction system work?

Sunday, June 24th, 2007

boredatwork asked: http://www.nightingale.com/LandingPages/tpromo_tdiwl7.aspx
There are supposedly forms you can complete that enable you to apply more to the principal (less to the interest) without exceeding your normal monthly payment. I called my mortgage company; they said there are no such forms and that the principal and interest are amortized throughout the 30 years of [...]

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Where can you find a reputable debt reduction program?

Friday, June 22nd, 2007

Belle asked: I don’t want a debt consolidation or home equity.Helaine Chow

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I am in a debt reduction plan and Capital One has accepted the offer, but they are still suing me?

Thursday, June 14th, 2007

sarah’s mom asked: I’m in a “debt resolution plan” and have rec’d written notice from Capital One that they have accepted my participation in this plan. However, they just filed a small claims suit against me. Is this legal?Kraig Darring

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how to improve fico, is $65k debt high and needs reduction?

Sunday, June 10th, 2007

kbelle asked: I have 3 mortgages that total less than $300k, & owe almost $65K in credit cards and equity line of credit. I have long & great credit history, many paid off & on time, very few credit inquiries. I don’t think I have an excellent credit score, it’s just good. [...]

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federal student loan consolidation
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