Tag Archives: Credit Card Debt

Best Way to Pay Off Credit Card Debt?

coreythomas8672 asked: Here is my situation. I am moving into a new house, and put a large amount of the expenses of renovation, new furniture, etc on my credit card. The balance is currently about $13K. I am trying to … Continue reading

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Would it be better to refinance every U.S. Citizen’s Primary mortgage than give >$1tril to financial giants?

b.wtfdik asked: The current ~$700Billion plan looks a lot like Government is bailing out its buddies in BIG BUSINESS, and nothing will ever trickle down to the common U.S. Citizen. To turn that around use the leftover ~$300Billion Bush Administration … Continue reading

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What should I do? Credit question?

Daisey M asked: I am a solvent, stable, well-employed, credit-worthy individual. I bought a house 7 years ago which has more than doubled in value due to the market I’m in and of course, location-location-location. I have about $10k of … Continue reading

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Credit Card debt I really need advice or Help please?

mylovie2@sbcglobal.net asked: I am 42yrs old have a mortgage and home equity loan for 25,000- I also have 30,000 credit card debt and I just cannot sleep and dont know what to do…. I want to call CCCS but some … Continue reading

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Bankruptcy in Arkansas?

SHOP GIRL asked: I live in Arkansas and have recently lost my job and my husband and I are getting divorced. We have 1 child. We have a very large credit card debt load (30,000.00) that is all in my … Continue reading

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Second Mortgage Loans Can Help You Consolidate Your Debt

Barry Byers asked: Second mortgage. The term used to have negative connotations – people with a second mortgage were assumed to have extreme financial difficulties and poor money management skills.That perception has changed for many reasons. Housing prices have reached … Continue reading

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Do You Qualify for a Home Equity Loan?

Carrie Reeder asked: When you apply for a home equity loan, lenders consider your creditworthiness when deciding whether or not to extend a loan. Your creditworthiness is assessed based on three things: credit history, income, and loan-to-value ratio.Credit HistoryAs with … Continue reading

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What happens when a person goes bankrupt? I have a lot of friends who have so much credit card debt & I am?

Karma asked: I am wondering if they would be better going bankrupt but I have no idea what the consequences are for this…I always just work harder & do more things & so I don’t know what they are going … Continue reading

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Hybrid Home Equity Loans Changing the Face of Second Mortgages

Lynda Nelms asked: Applications for home equity loans and second mortgages recently hit a 15 year high. According to Freddie Mac, “88% of homeowners who refinance their homes in the 1st quarter got a mortgage at least 5% larger than … Continue reading

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Low Home Mortgage Equity Loan Rates are Obtainable

Josh Spaulding asked: One of the benefits to purchasing a home is developing a strong financial portfolio. As you make payments on your home, you are building up equity in a property that you can use a later date if … Continue reading

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