sundrop_rulz


I currently have around 10,000.00 dollars of credit card debt on three different cards. I am paying 29.99% on two of them, and 22.99% on the other one.

I have tried to get a card with a better rate to transfer my balances to, but the issuers won’t give me one because I am using so much of my available credit now. I have not had any late payments on my credit accounts, tho.

Should I try to get a home equity loan to pay off the cards, or is that a bad idea, too?

I know that I got myself in this situation, and I am wholly responsible. I do not feel right about declaring bankruptcy, but really want to get out of debt somehow.

If I am unable to get a lower rate, then I don’t see a way to rid myself of the debt. Any advice?

Roderick C


There has been considerable debate between two specific debt reducing options: debt consolidation and debt settlement (negotiation). I’m trying to decide which is the best option to select if one wants to reduce their financial debt (specifically credit card debt). I’m sure there’s pros and cons to both options, however which is more effective? Please advise.

Andrew


I’m pretty close to the maximum limit on my credit card (I owe $7,200 and the limit is $7,500). I’ve already cut up the card and changed my spending habits and I’m pace to pay it off over the next 12-18 months. Problem is, the interest is killing me. If I pay the minimum monthly balance of $300 then the next month I get charged $200 in interest, so my monthly payments are barely chipping away at the balance. Is it smart to apply for a new card with zero interest on balance transfers and transfer my balance? If I could get 12 months of no interest then I could bring the balance down significantly and get close to zero, but I hear that doing this affects my credit score, at least during the short term. Should I stick with my card?

Michelle S


My credit is very bad and I was wondering how I can get a loan to open a daycare center here in Orlando Florida?

Gabrielle


I understand a preforclosure means the bank has not yet taken possession (the owner still owns the house). but will the seller be easier to work with or the bank when it does become an actual foreclosure? If I wait, can I count on the bank listing at a lower price than what it is now listed at?

bluelemin55


or any other bad credit auto loans. I am improving my credit, but it is still bad, and my car is dying!
Serious answers only!

xerxes930


I married my wife 2 years ago and she has a condo that has been for sale for 3 years. It’s in her name. If it goes into foreclosure, am I responsible for any of it and could it hurt my credit?

HomeAuctions


Who is the cashier’s check made payable to when winning a house at a foreclosure auction at the footsteps of Fulton County Courthouse in Atlanta, GA.

BRONSON M


Me and my girlfriend are thinking about flipping a house in the near future and have found some pretty good deals on yahoo real estate, but we want to know how we can purchase one of these homes that are in the last stage of foreclosure. My best friend is a contractor and all I need to do is buy the property in the best area. Please help.

cheri <3


I’ve never had a credit card.. Im 18 and i know i need credit to obtain things in life.. I just dont know whats a good one to start with or how to even get one. I have a bank account and a steady job for almost 3 years.. What’s a good first time credit card?