Monthly Archives: January 2010

$845 billion dollars to pay for the Global Poverty Act. Who’s going to pay for this?

starrburst2100 asked: You and me the American taxpayer. What’s it going to take to stop all this ridiculous spending by Congress? Who is in favor of this besides Obama?Are you? The Global Poverty Act: * Declares it official U.S. policy to promote the reduction of global poverty, the elimination of extreme global poverty, and the…

Can someone answer a mortgage refinance question?

starwarzed asked: When you refinance your home with another mortgage company then the one you have know, who lets them know you’ve gone with another mortgage company? Are there penelties? We are in a sliding rate and are trying to get into a fixed rate. thanks!

Can you refer me to a good debt consolidation company?

Capone asked: I have heard there are a lot of rip off debt consolidation companies out there, and I am just looking for one that maybe you have had a gopod experience with. If you could give me some suggestions, that would be great! Thank you!

What can you do to pay off credit card debt that is in collections?

hockeyprincess224 asked: I want to pay it off but I can’t pay it off all at once. Are they willing to work with you on that?

Should I sell a poor performing 401K account to pay off credit card debt?

Ethanol Man asked: I have two 401K accounts. My current account with my employer had a return last year of 18 percent. The other account from my previous employer had a return last year of only 9 percent. Should I cash in this account and pay off credit card debt?

Do you think it make sense to refinance your mortgage if you are trying to increase your credit score?

chicken2008 asked: I am trying to get my credit score into the high 700′s within the next few years right now it is in the low 600′s. It was suggested to me to refinance my mortgage. I thought that will drop my score some points. Also I am fine with my monthly payment. I attended…

Bankruptcy? How hard is it to rebuild credit after. Also I am turning in a car that i have financed?

? asked: I had a very bad injury and now no income, I can not afford to pay for car or any other bills, bankruptcy is only option. How hard is it to rebuild your credit?

Is there such a thing as a legit debt consolidation program out there?

John asked: Does anyone know of any real debt consolidation programs to reduce your monthly bills? I currently have a lot of short term, high payment/interest loans and I had to recently find a new job that doesn’t pay quite as good. I need to reduce my monthly bills (while maintaining my good credit of…