Kat S asked: Does anyone know of a legitimate debt consolidation company? I have about $8,000 in credit card debt between myself and my husband and I feel like it’s a dark cloud over my head…
Category Archives: Credit
I have a lot of credit cards. Will paying them all off at once effect my credit score in a negative way?
girlnextdoor asked: I recently got a bonus with my current job, and am now able to pay them off. I already have bad credit due to late or missing payments. Now all of my cards have a high interest rates. My main goal is to improve my credit score and payoff debt. I am not…
What is better.credit card with lower interest rate and annual fee, or higher rate and no annual fee?
Jake T asked: I’m considering breaking down and finally getting a credit card…obviously if you pay the balance each month interest rates don’t matter, but there is always that one or two times where you get hit. So again, in your opinion what is better a card with a low interest rate and like a…
Credit Card Payoff Question?
Battlerager asked: We’ve prepared a credit card payoff plan and finalized our budget(finally!). Right now we have two major credit credits, one with a balance of $2000(16% interest), and the other a balance of $4000(7% interest). By following the plan we’ve established we can pay roughly $1500-$1700 a month on nothing but credit cards. My…
debt consolidation?
ryryguy asked: are there consolidation loans that combine your students loans with any credit card debt?
How can I figure when a $5000.00 credit card debt will payoff with a payment of $240.00 a month and 24.99% int?
dihardbamafan asked: I borrowed money off my credit cards for my daughter and need to know how long it will take to pay off with an interest rate of 24.99% paying 240.00 a month.
Debt Consolidation?
THATONEDUDE asked: I am about to get myself into a debt consolidation program. Got some pay day one loans, credit cards, lost work at the office. Can someone tell me of some good places for this in California. Please share your experiences with the places and how much I end up paying. Thanks.
Will it damage my credit to payoff several high balance credit cards? Should I close them afterward?
Shari asked: I don’t want to damage my credit by paying off or closing, not sure what to do here. My credit report suggested I pay down debt and that I have “too much credit extended”. Should I close accounts? You know Mike, you are incredibly rude. I KNOW it is best to PAY credit…