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

Use cash to start a business or for a down payment on a home. [more inside]
posted by mintchip on Sep 1, 2009 - 10 answers

My wife and I need to get out of our house ASAP for reasons both financial and mental-health-related. I've been told we may need to look into a short sale, but researching the process is making my head explode. What, if any, are our options? (more inside, obviously) [more inside]
posted by anthom on Apr 15, 2009 - 16 answers

No debt. Dropping credit score. What can we do to keep our credit score up? [more inside]
posted by nomad73 on Dec 18, 2008 - 25 answers

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? [more inside]
posted by Pastabagel on Mar 17, 2008 - 8 answers

Does a student loan in deferment count as debt for the purposes of figuring debt to income ratios in an FHA loan? [more inside]
posted by Dr. Zira on Feb 27, 2008 - 3 answers

At what point is it not worth making student-loan debt into mortgage debt? [more inside]
posted by anonymous on Aug 30, 2007 - 9 answers

HELOC or 2nd mortgage (fixed interest) to consolidate credit card debt in order to improve FICO score? [more inside]
posted by zzztimbo on Mar 15, 2007 - 5 answers

Re-Mortgaging: Advice/Warnings for a Canadian? [more inside]
posted by chudmonkey on Jun 2, 2006 - 11 answers

I have about 75K left on a long term mortgage at about 6.5%. Recently a credit card I have with a large credit limit (20K+) sent checks that could be used for full amount of credit @ 1.9% fixed for the life of the loan. Should I use this to pay off some of the mortgage at a lower interest rate? I know I can make the min payments, are there dangers or problems I'm not considering?
posted by samoa on Oct 9, 2005 - 17 answers

A friend of mine has just taken on a large amount of debt since splitting with his girlfriend. What can he do to keep on top of it? [more inside]
posted by jeresig on Aug 8, 2005 - 20 answers