The Finance Deal

GutsiePerson asked:


I am a budget counselor (we counsel for free at our church) and I am looking for ways to motivate people who enter the program.

I am doing a little research to understand what it would mean for different people to be completely debt free.

What would you be willing to do to become debt free?
I mean give up things (please no nasty responses) I am only looking for serious answers. This is a way you can help other people

Jenny J asked:


Is there any way to take out a personal loan to help consolidate debt when a person has a bad credit score?

Matthew asked:


I have tens of thousands of dollars worth of credit debt and I just need some help. Can anyone recommend a good company that can help me reduce payments/get out of debt faster?

james asked:


I’m 23 years old, a student, and physically becoming ill due to the amount of stress I have between school and work, in which I still struggle to pay my credit card bills. What is the step by step legal way of settling my credit card debt? I understand the ramifications that my credit report will suffer, but my debt to income ratio is already too high to get any loans or credit anyway (student loans). What is the worst that can happen? Are there any companies that help students in my situation? Thank you.

Melissa T asked:


I am leaving real estate and recently got hired as a debt collector. I have never done this before. Have you been a success at this and what is it like? What can I do to help with my success.

jakeb asked:


85 percent of the debt is to Americans in the form of treasury bonds. Every generation has counted on bond investment to help during retirement. US government does not borrow from China. China freely invests in US by their own choice. It shows they have faith in the worlds largest economy. Any foreign investment in US is at their own risk, payback is the freewill of US. Also, the national debt as a percent of the GDP is pretty average, the same as France, and much lower than 1950 after WW2. 1950 was the begining of the most economic expansion in US history.

roxy asked:


Is is wise for me to use my mutual Roth Ira to help me get out of debt. I’m 56 yrs old and need to pay off some credit cards rather than go to debt settlement or consolidation. Is this wise?

Bill H asked:


just coming over having pancreatic cancer and i now have alittle bit of income coming in, but only from disability and unemployment. most of my debt is from unpaid cell phone bills and a lease that I broke early due to losing my job years ago. im 25 and want to fix this. any help would be great.

teamsoulglo asked:


I’m finally down to one credit card with a balance of about $500. I know that may not seem like much, but I cant seem to pay this one down because of the high interest. I haven’t received any advertisements lately in the mail for other cards that offer lower interest rates on balance transfers. Anyone have any suggestions as to what I cant do to end my debt? I have a part time job, but I can’t handle any more hours with my school load. All help will be greatly appreciated.

Jeremy asked:


I received a letter from a debt-collector that they have a debt that is mine and they are offering me a deal to pay it off. The account is not mine yet they have my information, and they have not hit my credit yet. Can I send a “verification of debt” letter to a collector by email so that correspondence can be tracked?

Thanks in advance for any help.