Rachel P asked: My partner and I are splitting up and she will be quit claiming the house to me. I would like to take her off the mortgage (there are 2 mortgages). Is re-financing my only option? What costs should I expect to pay for the quit claiming and the refinance (unless I can…
Monthly Archives: March 2010
In what order should I pay off my credit card debt?
Greg asked: I currently have a large amount of credit card debt, with high APR’s and are almost maxed. I have about 50% of the cash needed to pay off my balances. Should I pay off the highest APR’s? pay each card to 50% of its credit limit? or something else. Also can I negotiate…
My 5/1 arm will reset in 18 months, should I refinance home mortgage now, or wait for few more months?
deedee asked: Current rate of ARM interest is 5.125%. Would it better to go for 6.75% mortgage refinance at no closing costs, if I am planning to live in the same house for next 7 to 10 years?
How much does bankruptcy affect the credit check deposit for cell phone service?
salichristina asked: My husband and I just filed for bankruptcy not too long ago and are planning on getting a cell phone plan. Does anyone know how much the bankruptcy will affect our deposit for phone service (credit check deposit)
Are there always closing costs when you Refinance a mortgage?
barbara d asked: I’d like to know when it makes sense to refinance a 1st mortgage? What interest rate difference is worthwhile? And if you refi with same bank, can you negotiate the closing costs? Maybe say you will take your mortgage elsewhere?
Is there a government agency that helps with debt consolidation?
Chubby asked: I need a reliable trustworthy debt consolidation service quickly. I’ve heard that most advertised agencies are to be avoided.
How to get help with South Carolina payday loans?
Tommy G asked: I have 3 payday loans in South Carolina, but I don’t have the money to pay them back right now due to bills. Do they offer payment plans to customers with debt problems? Will they put me in jail or take me to court? Or will this just go on my credit…