William R asked: I was a collector of unsecured debt for years ( I was the guy that hounds you on the phone ). I know the FTC regulates debt collection through the Federal Debt Collectors Practices Act. I remember my boss telling me about the Good Ol’ Days when he would go to [...]
belle asked: Does that become your responsibility as well? I am assuming so, but I have heard conflicting stories on student loan debt, so if anyone could clear up my confusion…Carolyn
Colin asked: Let’s say I owe (to US based companies) $1,000 to one bank, $100,000 to another, and $5,000 to a credit card company. (I don’t actually owe this money.) If the US economy were to collapse, what would happen to this debt, or what would happen in a situation like this?
What is [...]
1yugpj asked: Kidding.. but if anyone does have extra cash..I’d be grateful for the offer. Actually, I’d like to know advice on the best way to pay off credit card debt. I have about 10,000 in credit debt. Mostly from going through a divorce a few years ago.Aisha
saldana s asked: I have 1300 debt on a 1500 washington mutual credit card and 3400 debt on a chase credit card. My interest rate is 27% can I combine the debt on the two credit cards. Any tips on how to lower the interest?Manuela
lafcol26 asked: I have about 500k worth of school loan debt from my kids on top of a mortgage. Is there a way to refinance this loan to make it more affordable or is there some kind of debt forgiveness program?Mel
Kerrie H asked: I want to apply for a home loan but I have about $10,000 in credit card debt. I want to get in on the market now, how important is it that I pay off my debt before applying for the loan?Elaine
S_Clark asked: Can a student loan debt collecter put a lein on a person’s house in the state of TX?
If the loan is in default can a lein be placed?Morgan
ParvardigarBaba asked: Hello,
If I pay off $75k which is my total amount of credit debt, will this increase my credit score? I am revising this question I just asked earlier. I have no other revolving debt than this. I am sorry for the lack of information in the previous question. Thanks for all the help [...]
johnlert22 asked: I just finished grad school and I’m in debt about $80,000. I make about $65,000 per year. I got a letter from my loan company saying that in 2005, I paid $1700 just in interest. Seems like so much. I was wondering what is better long term: reduced loan debt or [...]