Has anyone had any experience in dealing with organizations like nomoredebts.org or consolidatedcredit.ca?
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posted by cleo
on Jan 16, 2013 -
7 answers
I feel like I've paid enough interest on my student loan. Do any student-loan forgiveness plans exist for middle-class people who actually pay their bills and are not in default?
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posted by anonymous
on Oct 10, 2012 -
10 answers
Should I get a U.S. Dept. of Education Special Direct Consolidation Loan?
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posted by scose
on May 19, 2012 -
7 answers
I recently received a 0% until 2013 balance transfer offer, interest rate to hold until Jan 1, at which point SAPR (14.99%) kicks in. I've used two of these in the past to gradually pay down my credit card debt. What effect do these offers have on one's credit rating?
posted by sideofwry
on Sep 8, 2011 -
5 answers
Where can I find a complete listing of debt issued by Greece, including term sheets?
posted by IndpMed
on Jul 12, 2011 -
5 answers
I have a line of credit at 10% annual interest with my local not-for-profit credit union. BMW of Seattle is currently advertising new cars at 1.9% APR. I don't know much about finances or economics, and I don't plan to buy a BMW, but I understand that the loan is unsecured, while the car is secured debt and not a big risk for the lender, but isn't that a huge difference for someone with a perfect credit score? Why the discrepancy?
posted by halogen
on Jun 17, 2011 -
12 answers
Hi everyone,
I'm looking for financial software to analyze student loan debt. I downloaded "Pay It Down" which is excellent for credit cards. I love this software for its graphing capability and rollover feature, but it doesn't calculate payments that are graduated (i.e., x amount for 10 months, then x amount for 120 months, then another amount for 35 months). I am looking for a program that can analyze the principal x interest rate, and allow for graduated payments. A graphing feature would be nice, and rollover feature so I can see one payment paid down faster when I put more money towards it. Hope this makes sense...... thank you!!
posted by luciddream928
on May 17, 2011 -
10 answers
My girlfriend graduated this past summer and has about $9,000 of college-related (not a student loan) debt. She's treading water and having a very hard time post-grad, and still hasn't found a job yet. Works full time at a coffee chain but it just isn't enough. Need some advice...
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posted by PetiePal
on Nov 22, 2010 -
49 answers
Help me repay my debts from abroad: My considerable student loans are in CDN, but I am earning in EUR - can/should I move my debt?
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posted by molecicco
on May 12, 2010 -
8 answers
I want to be a corporate litigator. Or a government economist. Or a geophysicist. Or corporate finance guru. Or something. Please held this 32-year-old journalist explore possible second career options.
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posted by croutonsupafreak
on Apr 12, 2010 -
30 answers
Help! -- My credit debt is nearly $50,000, my mortgage is upside down by 25% and my fiancee walked out the door a month ago.
I can't make my bills.
I'm trying to sort out which route to go with the credit cards.
A service like CCCS?
Or some other route like Credit Elimination?
Please help me understand this.
Thanks
posted by antipode12
on Dec 6, 2009 -
26 answers
My mom was diagnosed earlier this year with diabetes, and thats where things started getting really bad. The insurance we have won't cover anything she's needed for it.
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posted by jrdnbaade
on Dec 4, 2009 -
33 answers
Can anyone comment on the sovereignty implications of the putative debt agreements that the Icelandic government is seeking to enter into with Britain and the Netherlands?
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posted by laumry
on Jun 18, 2009 -
7 answers
What would happen if the United States defaulted on all of its debt, or simply said 'Screw off, I ain't payin!'. I know nothing about global finance, economics and power, but would like to understand what would happen if the U.S. could or would not repay its debt. If I default on a loan, someone is going to kick me out of my house. If the U.S. defaults on its loan, who would do the taking away, and what exactly would they take?
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posted by kaizen
on Mar 25, 2009 -
19 answers
I was born in the US, lived in Canada for ten years, and moved back to the States last year. While I was in Canada, I built up a solid credit rating- I had two credit cards, an unsecured line of credit with low interest (7%) and overdraft protection on my checking account up to $3,500. At one point when I was underemployed I built up some credit card debt, but I payed it off. Last year, when I moved back to the US for grad school, I got into a bad pattern of leaning on my credit cards and low-interest line of credit to pay for moving and start up expenses. This June, the world financial collapse coincided with one of my own- I was employed super part time, was making around $750 a month and was struggling to pay rent and buy $20 worth of groceries a week. I just couldn't pay my debt, and I paid very minimally, then not at all. I know I probably should have called the bank and tried to work something out, but what can I say- I panicked and froze. Currently, my total debt load is $14,000 on the line of credit, $3,700 on the overdraft and $1,400 on my Visa.
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posted by anonymous
on Jan 13, 2009 -
6 answers
I'm upside down in my house, have about $38k in CC debt. I make good money, but wanna try to find a faster way to recovery. Most the consolidators want my situation worse in order to make it better... & they all seem to offer the same basic thing, which i don't think is in my best interest. What is my best move from here?
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posted by foodybat
on Jan 5, 2009 -
20 answers
My partner and I need to pay off some debt, and unfortunately we need to dip into our retirement funds. Our tax accountant is on vacation and we can't find the answer to our question. We have two sources–either sell some stock or cash out a couple of short-term IRA CDs. Which is the lesser of two evils?
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posted by al_fresco
on Dec 13, 2008 -
11 answers
Recommend any financial crisis blogs written by people who are following all the relevant indicators, or by people involved in the finance industry, who are trying to make sense of the market and economy?
posted by vizsla
on Oct 9, 2008 -
12 answers
Questions about the best course of action to prepare for a possible economic depression
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posted by mintchip
on Sep 16, 2008 -
12 answers
I am a frugal person entering his senior year in college [age 21].
I have been following advice like the stuff in
thread 84915and
thread 99852
and living below my means. I sought advice in Financial books for college kids my age [for example, generation debt], but left feeling wanting more because they focus primarily on how to cut expenses [skipping the latte, etc].
So, I have some student loans already, but will need more for my senior year. I also have some money set aside, but I should I use this money to lower the loan amount that I'll take out or use this money for an investment (Roth IRA, index fund), and take out more for my student loans ?
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posted by fizzix
on Aug 26, 2008 -
11 answers
I have:
fair credit ( reported between 650 - 720 ).
a student loan and an auto finance loan of no more than $30,000 in combination.
~$9000 in credit card debt spread between 2 cards.
What is a good way to pay off my high interest credit cards? I am looking at options like small loans, debt consolidation, possibly even balance transfer to a new card (although I hear that hurts your credit score?). Any good sites that can help me budget or somehow help me get out of paying like $150+ in finance charges every month?
posted by judge.mentok.the.mindtaker
on Jul 27, 2008 -
16 answers
A noobie question on credit scores! I know raising your score is partly done by reliable monthly payments on credit cards and loans - and people who are just starting out to build their scores, are often advised to get a card and begin to responsibly pay it off, to catch the notice of the reporting agencies. Would that mean that if you can pay off a large credit loan (e.g., in the realm of $2k) immediately instead of sticking to a monthly payment system, you're missing out on chances to further raise your score? Or does being able to pay off such an amount in full give you an equivalent gold star sticker?
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posted by Bakuun
on Jul 1, 2008 -
6 answers
I want to close out my 401k (and pay the necessary taxes) so I can pay off some debt. My 401k says I'm not allowed. Why not? Can I change anyone's mind?
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posted by anonymous
on Jun 9, 2008 -
14 answers
My friend was served by a collection agency. She owes the money but doesn't have it. What's she do now?
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posted by b_thinky
on Apr 23, 2008 -
3 answers
If you're enrolled in a debt management plan through Consumer Credit Services but can no longer make your agreed upon payment, how can you get it lowered?
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posted by coffee and minarets
on Apr 11, 2008 -
4 answers
I am having some serious financial issues. Who, in Eastern Canada, can I talk to about this kind of thing?
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posted by anonymous
on Mar 18, 2008 -
1 answer
FinanceFilter: Is the money supply contracting, or expanding, after netting all the Fed action, bank closures, mortgage defaults, etc?
The dollar falling seems to signal a net increase of money supply, but this is inconsistent with the thesis of a credit or liquidity crunch. If the money supply is growing at a slower rate due to tighter lending practices, shouldn't the dollar be rising, even in the face of Fed-rate cutting? Do we know the net expansion or contraction of the money supply due to the
combination of rate cuts and mortgage defaults?
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posted by Pastabagel
on Mar 17, 2008 -
8 answers
I just moved 4,000 miles to Washington, DC and took a job with far less salary than I am worth in a new industry for the fringe benefits. I have about $18,000 in CC debt and have a modicum of a plan but need real financial help to sort out how to pay off this debt while in the meantime making something in the mid-30's.
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posted by anonymous
on Mar 2, 2008 -
5 answers
Does a student loan in deferment count as debt for the purposes of figuring debt to income ratios in an FHA loan?
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posted by Dr. Zira
on Feb 27, 2008 -
3 answers
My sister and her husband are in serious debt. My wife and I are going to act as their financial advisors to help them get it together. Can anyone recommend any programs/products we can look into?
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posted by Chuck Cheeze
on Feb 19, 2008 -
39 answers
Debt/collection agency help: I want to pay off my $1600 debt. What is the best way to go about doing this?
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posted by anonymous
on Feb 15, 2008 -
4 answers
I want to pay off my credit card debt once and for all. Is selling mutual funds the best strategy to do this?
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posted by lolalivia
on Jan 3, 2008 -
15 answers
Should I use a hardship withdrawal for my 401K to pay down/off my credit card revolving credit debt? The total debt is over $200K.
I am 57. I do not anticipate retirement for another 10 years or so. I have approx $100k in the 401K that I can access.
I know that there are IRS penalties for such a withdrawal but my thought was it is better to pay off the debt now and build the 401k back up.
So, should I withdraw or not?
posted by cmh0150
on Dec 3, 2007 -
22 answers
I am looking to work with a credit counselor to manage our debt. Should I get this done before or after I am married next month?
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posted by anonymous
on Aug 20, 2007 -
7 answers
How can I convince my wife that we need her income and that as much as we'd like to have our son at home with her instead of in Day Care, we have to face reality or severely cut back our lifestyle.
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posted by anonymous
on May 8, 2007 -
28 answers
Like most Americans, my wife and I are struggling with debts. I thought of a great way to eliminate them, but my wife does not agree. What do you think?
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posted by Monkey0nCrack
on Oct 3, 2006 -
42 answers
SketchyDebtCollectionsFilter: Someone calling and demanding payment on a credit card that was paid off and cancelled in 2002. Fraud? Error? What can be done?
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posted by moss
on Jul 6, 2006 -
16 answers
What are my options for getting a personal loan of about $25,000 to consolidate some cc debt and maybe remodel our kitchen?
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posted by stevyb
on Aug 30, 2005 -
6 answers
FinanceFilter: I recently experienced the wonderful epiphany of 'college student = poor' as I finished paying bills and checking my bank accounts today. It seems that I've spent almost all of my summer job savings, and by February 1st I will have the grand total of approximately $12 to my name.
My basic question is:
what should I know before taking out student loans? I'm looking for personal experiences, warnings, recommendations, etc. I want to make sure I do this right so a few years from now I won't be posting an AskMe question about trying to get out of my many-times-deferred loans. I'm not hardcore set on taking out student loans, but it's an option that seems favorable at first glance and has been recommended and pursued by many of my friends. [MI]
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posted by ElfWord
on Jan 26, 2005 -
16 answers
CreditFilter: Two years ago, not really understanding the importance of good credit behavior, I let a department store card slide for 180 days, twice (I KNOW!). This impacted my credit history greatly. I had previously had 4 years of good payment on two credit cards. Over the past year, to help recover and instill good habits, I pay my credit cards in full every month (read: no personal debt) and added a paid off car loan to my reports (15K). My CC limits have slowly increased but my score has remained somewhat the same (10 pt increase).
What can I do to get out of this rut? Some collegues I know have a sizable CC debt (around 15-20K) with less income than me but have great scores and could buy a house tommorrow with no problems. What am I missing and no, credit-fixing agencies are NOT an option.
posted by anonymous
on Dec 12, 2004 -
11 answers
