Help Debts

Posts Tagged ‘Credit Cards’

Understanding how credit scores work is essential to raising a credit score. Learn how credit scores work from aregistered financial consultant (RFC) in this free personal finance video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

My husband loves computers. He likes to talk about them, help people with their problems (say on forums and such) and keep up with the best technology.

Then thing is, once you buy a computer component, it literally is 1/2 it’s worth when it arrives at your door-step. New and better things come out all the time.

My problem is, he lies as to how much he paid for an item. I’ve never given him reason to feel he needs to lie. I’ve never told him that he CAN’T buy it, but he also knows we can’t afford it either right now.

So, after a few weeks of new packages at our door stop and new components being installed, I finally get the bill… it’s OVER 0! WTF! He knows we can’t afford that… even if it’s on credit accounts [paypal buyers credit, and newegg.com credit (which I cannot close – because they are in his name).

I don’t know what to do, besides blowing my top off. We’re trying to pay off debt, and he just keeps adding more!
why would he hide and lie like that to me? When he knows I’m gonna see the bill later? I’ve never given him reason to feel he needs to lie or hide… and have never jumped on him for buying stuff… but I don’t like he feels he needs to lie! What can I do?
no, he’s not cheating on me… or hiding other bills. It’s just a matter of him lying to me… then even trying to lie again when I ask him why he lied… It makes me feel like he can’t trust me, or respect our financial situation. We’re not rich… and I am trying HARD to pay off 2 credit cards and medical bills. I just find it rude.. mostly since I’m his wife!

I would like to get a debt consolidation loan for my outstanding debt from closed credit cards, old utility bills, etc

I have student loans, but I would like to consolidate them separatley and not through another loan.

Also, I have an auto loan, would the loan be able to cover that as well?

Please, real answers, and no opinions/judgements.

Thank You.

I have credit card debts equal to 15% of the value of my 401k. I can take a loan from my 401k and pay it back over 5 years at 8.5%. Currently my credit cards have a rate 3-5 percentage points above that. I am 30 years old and contribute the max to my 401k. My feeling is that I might as well be paying the interest to myself instead of to the credit cards. Also I am 25-30 years away from retiring. I can use the money I save from paying my credit cards each month and start a Roth IRA and/or invest it in mutual funds and stocks as well as college plans for my daughter. I also have money in mutual funds that I could liquidate to pay my credit cards. What do you think is the best option? I figure I am young enough where this is a good option because I know you really are not supposed to use your 401k for loans

I would like to get a debt consolidation loan for my outstanding debt from closed credit cards, old utility bills, etc

I have student loans, but I would like to consolidate them separatley and not through another loan.

Also, I have an auto loan, would the loan be able to cover that as well?

Please, real answers, and no opinions/judgements.

Thank You.

My spouse died June 3rd from pancreatic cancer. we have separate credit cards in our own names etc…I got a letter from his credit card company stating that who ever is taking over his estate has to pay his bill. I am living in the house because it’s in both names. Do I have to pay his bill even though my name isn’t own his credit company even though I am his spouse?

When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work

I have many credit cards and bills I can’t keep track of them all. Are there any companies I can call that would lower my payments and combine them all into one payment? Are they free because I cant afford to pay them too. Thanks for any help you can give me.