Archive for the ‘Personal Finance’ Category

What are the advantages and disadvantages of consolidating debt?

Wednesday, October 5th, 2011

Todd S asked: I am in the process of trying to get out of debt(or close to it) as fast as possible. The main thing i'm worried about is my credit card debt which is $7,000-8,000 because my student loans and my car have good rates. Is it ...

Can someone file for bankruptcy with no debt?

Monday, October 3rd, 2011

Chad G asked: I have a friend that is trying to find ways to fix her credit score. She has no debt (credit cards, car, etc.), just monthly rent and utilities. She has some blemishes on her credit score from a repossesion and some other things, but no more debt. ...

What is a reputable debt consolidation company?

Wednesday, March 17th, 2010

kittygirl128 asked: I fell behind on my credit cards when I had an emergency medical expense. Even though I have a steady job and income, they've raised the payments and dropped the limits so there's no chance I'll catch up. I want to do debt consolidation but most companies Google ...

How the recent financial crisis has affected you and the steps you are taking to correct the situation?

Tuesday, March 16th, 2010

Roshu asked: How the recent financial crisis has affected you negatively and the steps you are taking to correct the situation

How to develop financial literacy as a college student?

Tuesday, March 16th, 2010

Mütiilation asked: I'm a college student, but I've never worked other than doing volunteers and I've been very dependant on my parents. I'm going to start working but I also want to develop financial literacy. What are the good ways in your guys' opinion? Any websites?

How can a person get a Real Consolidation Loan?

Monday, March 15th, 2010

Str8 Shooter asked: I have a considerable amount of unsecured debt. I have several charge offs on my credit but I'm still sending those companies payment. Everything is being paid monthly though its not reported. Those companies will not report this on my credit and I understand that. Is there ...

What will happen to my credit cards if my home is foreclosed?

Sunday, March 7th, 2010

triguyinla asked: I have over $100,000 in credit on my 7 or 8 credit cards, all with a 0 balance. I am facing foreclosure in a few months. Will the banks cancel my credit cards once I get a foreclosure on my credit? Should I just max ...

What do debt consolidation companies offer to people who are in debt?

Sunday, March 7th, 2010

John W asked: Can anyone tell me about debt consolidation companies and their services?

How will credit counseling services affect my credit rating?

Sunday, March 7th, 2010

dwaindaddy asked: I am thinking about allowing a credit counseling service (Take Charge America) to consolidate all my unsecured credit. Will this help or hurt my credit rating once I complete the program in about 3.5 years?

Where can I find reputable debt consolidation programs?

Wednesday, March 3rd, 2010

Heather B asked: I am wondering where to find a trustworthy list of reputable debt-relief/debt-settlement or consolidation programs. I also need to know where to find a comprehensive list of ALL of my debts (not just the ones appearing on the credit report). Thanks.