Monthly Archives: September 2009

How to be forgiven student loan debt?

CantGetThereFromHere asked: If you’ve already consolidated your student loans and no matter how many years you pay, the interest addition never makes the balance go down, is there any way to be forgiven this loan debt?
Please help. I’m past middle age, a social worker, and these student loans make me think that taking the gas [...]

Posted in Personal Finance | Tagged , | Comments closed

What kind of debt situations qualify you to delcare bankruptsy?

tevesay7 asked: I am 21 years old and in $15k of credit card debt. I make just about $14k a year. I made a lot of stupid decisions when i first got my credit cards. I am living at home and unable to to move out, or do anything at all for that matter. I [...]

Posted in Credit | Tagged , | Comments closed

Would you go into student loan debt in order to change careers?

Change asked: How much student loan debt would you be willing to go into?Traci

Posted in Financial Aid | Tagged , | Comments closed

How does student loan debt affect my credit score?

Fly girl asked: I am at the final stage of paying off credit card balances. Just one more month, yippee!!!! I’ve also already paid off my car loan 7 months before the maturation date. Anyway, I still have close to $50,000 in student loan debts- federal and private. But that’s it. I have never had [...]

Posted in Credit | Tagged , | Comments closed

Any proposed student loan debt elimination programs or interest rate reductions?

Snooks asked: Has anyone heard if Obama’s new budget includes anything about possible programs to help cut down student loan debt or a move to lower interest rates, particularly for consolidation?Ladonna

Posted in Other - Politics & Government | Tagged , | Comments closed

How long is a debt outstanding in the uk?

dididave asked: Meaning how many years do they have to collect on a debt before it is legally considered defunct.Jame

Posted in Personal Finance | Tagged , | Comments closed

What is the debt to total assets average ratio for the application software industry?

Elena asked: I need to compare Microsift’s debt to assets ratio with the industry’s average.Roseann

Posted in Corporations | Tagged , | Comments closed

What is a bachelor’s degree worth, as far as student loan debt?

Rod asked: I know people who went to private colleges or went out of state to college and now they have close to $70,000-$90,000 in student loan debt. Is a bachelor’s degree really worth that much? I am trying to get though college the most affordable way I can and they call me cheap. [...]

Posted in Higher Education (University +) | Tagged , | Comments closed

Will transferring my credit debt to a 4th credit card hurt my FICO score?

rudder214 asked: Will transferring my credit debt to a 4th credit card hurt my FICO score? The APR is killing me on two of them.Monty

Posted in Credit | Tagged , | Comments closed

Would this strategy work to help clear some debt and reduce inflation?

don asked: Just sell our stash of gold we have in Fort Knox…I am sure it is a lot. I guess it was estimated at 137 Billion during the Eisenhower era…
But anyways I assume we have bought and have more stored than that now. What if we were to sell it to China to [...]

Posted in Economics | Tagged , | Comments closed