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June 2009
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Archive for June, 2009

personal debt
ShortBus 43 asked:


Our President George Bush has given us more debt than all 42 presidents combined before him.

As the smartest and best man in America don’t you think he knows what is best for the USA..

Tomika Villot

personal debt
liebchen2 asked:


out of hand. I am now in the position of either having to file Bkrpt, which I qualify for, or pay my creditors through a credit counseling service. After a divorce, my home was sold (no equity), and at the time I was unemployed. I am now employed and renting a tiny house but hoping in the not real distant future to purchase one. I am trying to get my financial affairs in order, but the payments to these creditors are far more than I can afford without going through credit counseling. If I pay them through counseling, it will take several years to pay off my debts. If I file bankruptcy, it will remain on my file for 10 years, but I’ll be able to buy a home, albeit with an astronomical interest rate.

Any advice?

Cornelius Bacak

personal debt
Dawn L asked:


I know you will say at first getting a loan to pay off other debt makes no sense but I am going to take this loan and payoff 3 credit cards so it will actually help. I only need $2500 anyone have a suggestion that is LEGIT and NOT a payday loan of a suggestion?

Mikki Rogal
personal debt
chris7833 asked:


Some people say that it is always a good investment. I think it depends on a person’s debt versus potential for making the money back. Any thoughts or personal experiences?

Tiffany
personal debt
PizzaTony asked:


This is related mainly to my personal business, and personal finances. Any help on this, or an organization to help with credit card debt consolidation, would be greatly appreciated.

Luigi Malnar
personal debt
Rico Trump asked:


Not Government debt… just personal and business debt.

Lets say the U.S. Government declared that as of February 1st.. all businesses and individuals are completely FREE of their prior debts. This means any debt you get into after Feb. 1 you have to pay back. BUT you would be freed from all the debt you got into before Feb. 1.

This would mean every person and business would get a clean slate and not own ANYONE money.

What impact would this have on the economy? Please be as detailed as you like.

Joslyn Powers

personal debt
Wendy asked:


Just paid off car this year. have credit card debt, is loan better than trying to pay off credit cards? Bank said have to have secured loan. No equity in house, good credit score. What would you do?

Jacquelyn Piker