Tag Archives: money - Page 2

How do credit card debt councilors work with credit card issuers?

Gayle asked:


I’ve seen on t.v. how credit card debt councilors work with banks when people owe a lot of money on their credit cards. They say they can not only reduce the amount owed but also get your monthly payments down to where they are manageable. How do they do this, are there any consequences such as a reduction of credit score, and is it effective (do they really do this or is it a scam)? Also, how much do they charge? Thanks.

Claudia

Should my fiancee and I pay off our credit card debt before we purchase a new home?

Francesca L asked:


My fiancee and I have approximately $30,000 in credit card debt (mostly his). He thinks that we should pay off all that debt and put a smaller down payment down on a home, rather than using all our money for the down payment. I argued that we should not worry TOO much about the credit card debt and take care of it another way, such as re-financing our mortgage in several years and using that cash to pay off the credit card debt (since the interest rate would be much lower). Any suggestions?

Brenton

Get Out of Credit Card Debt! Mike & Juliet Show LIVE in New York City

matthewsapaulainc asked:


The Get Out of Debt series was part of a five-city tour stopping in Philadephia, New York City, Dallas and Chicago. Matthew Sapaula appears on the Mike and Juliet Show to answer questions from the final city in the series, Los Angeles. For free audios and past financial expert interviews on Matthew’s former show, “Living the American Dream” and current “Money Smart Radio”, visit: www.moneysmartradio.com

Renee

Money Talks – Credit Card Debt with Barbara Goldsmith

MoneyTalksFinance asked:


www.financemoneybusiness.com Credit cards used to be used for emergencies only. Now they are being used for a better style of living – but people tend not to understand the implications of keeping adding to their credit card debt. Barbara Goldsmith discusses this very important issue and gives her tips.

Roy

Obama Tackled Credit Card Debt

CBS asked:


Interest gouging practices by banks who received stimulus money will highlight President Obama’s meeting with credit card companies, reports Bill Plante.

Gerald