Archive for April, 2009

What would be the total loss if we fail to help the automakers?

Wednesday, April 29th, 2009

Old Man Dirt asked: When you take into account mortgaged property, both private homes and car dealerships that will close, unemployment benefits, loss of income (due to reduction in benefits), and increased debt that noncollectable for other non mortgaged types (bank cards, credit accounts ETC)(there are other I am sure, like decreased tax income both [...]

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In Regards to Statutes of Limitations regarding Debt?

Wednesday, April 29th, 2009

Cali Dude asked: Are applicable the Statute of Limitations the ones from the State you are from or from the State where the debt is owed? See, I owe a College 11K, although I am fighting this because I was told I would not be responsible and never signed anything stating I would be. That [...]

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Credit Card APR reduction?

Tuesday, April 28th, 2009

Tricia asked: Has anyone ever had good results when asking a cc company to reduce their intrest rate, or do a debt negotiation? (example: an APR of 19.99% that was reduced… or a balance of $3500 negotiated to $2900 and paid in full) If so, which company was this with? I [...]

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Will congress pass the $9 trillion dollar additional debt budget ($64,000 additional debt to each person)?

Tuesday, April 28th, 2009

Wayne G asked: that is endorsed by Obama or will they seek to pass the alternative budget that proposes $6 trillion less, reduction in taxes, reduction in future individual debt and reduction in redistribution of wealth? Which one do you think the Fools on the Hill will vote for?
ah, what’s a few thousand dollars [...]

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Why should creditors or anyone be considerate with peoples inability to pay back their debt?

Monday, April 27th, 2009

Lovable asked: Its not anyones but their own fault for getting themselves into debt. Now I know their are differ situations so let me explain myself correctly:
Now I understand if you had a reduction of income and now ur not able to pay back debt. But why didnt you plan for these situations in [...]

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Is there a way to get a legitimate loan with bad credit? ?

Sunday, April 26th, 2009

Julie B asked: We have been with a debt reduction company for a few years now. There is one credit card company that will not wait and wants to garnish our bank account. If we were able to borrow $8500 the debt could be negotiated and because we would no longer have to [...]

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Is there any hard evidence that Credit Guard of America, in Florida, is a scam?

Sunday, April 26th, 2009

Walter S asked: A freind has signed up for credit card debt reduction and had to pay a $249 up front fee which will be returned if she makes all of the paymnets over the next 18 months.Robbie Mcguff

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Do you realize that McCain told the real truth last night?

Saturday, April 25th, 2009

jakeb asked: Both Dems and Reps ran up the debt the last 8 years, Bush signed off on Dems spending and the Dems signed off on Bushs war spending. The out of control spending is not one parties doing. We need someone commited to spending reduction. Only McCain has suggested reduced spending. Obama has suggested [...]

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Bernake warns gov’t healthcare will eat into our national debt.how will we deal with this?

Friday, April 24th, 2009

Truth B. Told (I told you so) asked: Bernake: “Higher government spending on health-care spending will, of necessity, require reductions in other government programs, higher taxes, or larger budget deficits,” he said.
Do you really think the “evil rich” are going to pick up the tab? Guess again…Domenic Catalani

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Has the GOP, the conservatives, leapfrogged over liberals and become the more radical?

Friday, April 24th, 2009

amazed we’ve survived this l asked: political Party? Actions like Iraq, threatening Iran, Illegal wire tapping, Patriot act, signing statements, appointing radical judges, election fraud to insure their continued control, tax reduction in the face of deficit spending, running up huge additions to the national debt, trying to spread democracy to other countries, [...]

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