Daily Archives: 6:56 pm

What happens when you don’t pay off credit card debt?

Alminda Muhavey asked: Can the company sue you for not paying off the debt? Does it eventually go away? What happens when you do not pay off credit card debt?

Pay off credit card with fixed home equity draw?

Bella asked: My 48 y/o sister has asked me a question and I don’t want to give her bad advice. Here’s her question and her stated financial info: Should they pay off balance on their 8.25% (prime for life) credit card (with a long and excellent credit history) and put that balance towards their home…