It’s not a bad idea. Consider trying to pay the equivalent of 16 payments per year. Just add a few hundred dollars each month to principal along with your regular payment. You end up saving over $100,000 in interest over the life time of the loan and own your home free and [...] [...more]
Call the credit card companies and negotiate the amounts down. Don’t tell them that you have assets. They will not want to lower their position. Offer them a lesser amount. If they ask you where will you get this money from, don’t tell them. Tell them, that you are just asking (say something rationale) They have [...] [...more]
To help yourself, have hope and pray about your life. Tell God about it. God is love. Know that God can help you live a better life. You can have a personal relationship with God by saying the prayer below. God is all-knowing, all-powerful, eternal, holy, love. God loves us and sent us His Son, [...] [...more]
One of the users above me put it in perspective. Plus, compared to a nation, your debt is actually kind of small but you’ll pay it off before you know it just like the US. After all, the US government DOES intend to fully pay off their debt though, right? Right? Looking for more information on [...] [...more]
More information related to christian credit counseling [...more]
I think you should continue paying the student loans monthly. It does not make sense to be cash-poor as a new homeowner. Even if your new house requires no major repairs, you will spend money on it. For the first couple of months, expect to visit Home Depot or Lowe’s at least [...] [...more]
As long as you both have (relatively) stable employment, buy a home and buy one you can afford while paying on your loans. After awhile your student loans will be paid off (AND you’ll have equity in your house) to upgrade to a bigger one if you want. Get more information on debt recovery [...more]
It all depends on the debts. Leave any revolving debts with very low balances like $10 monthly. Yes when paying off other debts like car notes and student loans. Negatives even if paid off will report for 7 years after the date of last activity no matter what any one else states. Your scores will come [...] [...more]
It will remain on your credit report for 7 years from the date of last activity. A paid collection is still a collection and your score will continue to suffer for it. Always try to negotiate a pay for delete contract in writing when paying off collections. Collection agencies use your credit as a [...] [...more]
I don’t think you can do this anyway…but even if you could: If you have defaults on your credit report….paying off the debts won’t fix bad credit….this is especially true of defaulted credit card debt.I wouldn’t suggest it at all! Simply because if you get into a bind with your finances you can not file [...] [...more]
