Personal Debt-Information On Average Personal Debt, Personal Debt Consolidation Loan, Personal Debt Consolidation

billyboywalker81 asked:

…

Trinh Chervin

Pianist1 asked:


I have 2 Missouri Court judgments against a previous tenant of mine totaling about $15K. One from Small court for rent she owed me for months of not paying, and a second judgment from a civil court for damages they did to my property after the couple was finally evicted.
For a while I was able to collect a tiny amount via garnishment via her employer. Then she left that job and I am unable to track her. I heard that there is a way to have the IRS send the annual refund money to me instead of to that individual until such time when her debt to me is paid. I did research online, and only found it true for MI state. I went to my local IRS office and the man did not know what I was talking about. He said he only heard of government agencies being able to do that due to lack of paying child support, etc. but that he never heard of an individual being able to do that.
I should mention that this couple is a professional scammers who did this to other landlord before and have a long court and police record. They do not own a house or a vehicle.
Any advice? Suggestions on how I may file to request to have her tax refund sent to me each year to satisfy her debt?
Thank you
I just read on Yahoo answers that Michigan is the ONLY state that allows individuals to garnish income tax refunds from defendants.
That means that renters will continue to take advantage of landlord (in Missouri at least).

Cathie Piscitelli

vacuum2440 asked:

Coverage from CBC

Chi Schaarschmidt

DK asked:


I would like to take out a personal loan to consolidate my debt. I have good credit but I’m having trouble finding a good lender (not a scam). I trust capital one and have an account with them but they are not accepting loan applications because of the hard times we are facing. Please help!

Ervin Mines

RateSupermarket asked:

www.ratesupermarket.ca – RateSupermarket.ca founder Kelvin Mangaroo appeared on CTV News to discuss tips on dealing with your personal debt after the holidays.

Lemuel Sangha

HI:) asked:


I just wonder if they work on commission because I just talked to one and she was so rude and started asking me personal questions. It’s like I owe her the money or something. So when I pay it I surely will not be dealing with her.

Aaron Fikes

jbyeats asked:

TODAY , THE MOST RADICAL & PROGESSIVE ELEMENTS OF OUR SOCIETY – THE STUDENT BODY & THE YOUTH – HAVE BEEN COMPROMISED & EFFECTIVELY CASTRATED – THROUGH THE USE OF PERSONAL DEBT & HIGHLY ADDICTIVE DRUGS . THIS DOES NOT AUGUR WELL FOR THEIR FUTURE – OR FOR THE FUTURE OF SOCIETY AT LARGE.

Kimberly

atlanticfinance asked:

The number of loans given to people wanting to consolidate personal debt decreased during 2009, new figures show. The statistics from Sainsburys Finance show that just over 2 per cent (2.2 per cent) of loans taken out last year were to help with finances, compared to over 5 per cent (5.28 per cent) in 2008 and nearly 8 per cent (7.74 per cent) in 2007. This suggests that more people have been paying off loans whilst interest rates are low, rather than just consolidating them. This is backed up by Bank of England figures, which show that for five consecutive months in 2009, repayments outstripped new unsecured consumer credit. However, with total consumer credit at over £200bn (£225bn), there are still many Britons with personal debt problems who need help with finances. Kevin Still, director of Atlantic Financial Management says: “Interest rates on personal loans have risen dramatically and the difference between the interest rate on a credit card (average 18.8% APR) and a loan can be marginal, so repaying the balance on credit card debts may be tough. “Lenders have also tightened lending criteria, so many historically creditworthy borrowers are now struggling to be accepted. For those unable to clear debt then there has been a rise in demand for managed debt solutions like Debt Management Plans (DMPs) and Individual Voluntary Arrangements (IVAs).”

Logan Lefrancois

buffalo_billz_2003 asked:


Overall I have good solid credit. I pay all my bills on time, I’ve paid down a $27K car loan to ~$14K in a year and a half, etc. The one thing that might be keeping my credit score from being a perfect A would be the balance that I’ve accrued on credit cards over time(paid on time, all the time). I know that debt-to-credit limit ratio affects my FICO credit score. So I’m a little concerned about how that will affect my ability to get a mortgage.

I’m looking to get a mortgage sometime next year. I pay $875/mo. for a 1bedroom apartment, and although I love my apartment, I **** the idea that I’m not building any equity. I also **** the idea that I can get a small house mortgage for that price, which would be a much bigger place than my 1bedroom place. Would my credit card debt hinder me from getting a mortgage at a half decent rate?

Also, any ideas on how to tackle the debt? Should I consider a personal loan to pay off my cards with, at a lower rate? Thanks.
Hmm let me reclarify: What effect does credit card debt have on qualifying for mortgage rates? Right now my cards have >50% of the credit limits utilized(but I’m trying to pay them down). Also, would it be wise for me to get a personal loan to pay off my credit cards with?(or would that have no net effect, since essentially it’s just shuffling around debt?)

For anyone who’s wondering: My credit is good. I have a paid-on-time student loan, a paid-on-time car loan(I’ve been paying it off fairly quickly), a personal loan that I paid off 2yrs early, a few store cards with $0 balances, and 2 bank cards that are >50% utilized(I feel bad about that). I don’t know what my FICO score is right now, but somewhere around the high 600s I think(could be higher if it weren’t for the credit card balances).
Thanks for the advice, everyone! Usually I do pay off my cards in full each month, but a few months ago I had some emergency expenses to cover and that’s why I have credit card balances now. I **** owing money…this is the 1st time in a few years that I have to pay card interest! LOL I **** it.

August Moreland

ClearStart1 asked:

www.clearstart.co.uk – More people are likely to face a financial crisis in the near future as the effects of personal debt problems and bankruptcy cascade through the economy. That’s the conclusion of a new report by insolvency experts R3 who claim that young people are most likely to be affected and the least likely to seek help. However the report found that personal debt problems were taking their toll on people of all ages and that things only got worse if people buried their head in the sand rather than seeking advice. If you’re struggling with a large unsecured loan, then contact Clearstart today and find out how we can help you become debt free.

Waylon Dozer