Credit/Debt

Credit/Debt Questions

Owed taxes

I owe irs about $30,000 due to not paying Quarterly estimated taxes, I’m paying $650 every month from my social..

Credit

How do I freeze my credit? Does it really work for financial security? Thanks.

Credit Card Settlement

I have a Chase/Visa/United Airlines credit card that I owe $35,000 on at 19% interest. I make the minimum payment..

Credit card question

Hello, We have two credit cards that have very high limits which leads to us having a large amount of..

Senior credit card debt

I’m 68 yr old retired single woman. Due to many factors i have accumulated approximately fifteen thousand in credit card..

Home equity or as my bank calls it flex line

I’m 65 solo own my house free and clear . Having credit cards debt 14000 plus is it a good..

Open/no balance charge cards and accounts

I keep reading about holding no balance open credit cards. I have read that closing them may impact your credit..

credit debt

my son, recently married lost his job. He has close to $70,000 in various credit cards. I am retired and..

Difficulty re-establishing credit

Hi Terry – I have a family member who is having difficulty re-establishing credit. Applications are rejected despite the fact..

Spouse Death

If my husband has a lot of credit debt in his name only, am I responsible for that when he..

Credit card debt

We have about 20000 in credit card debt and one card has a high interest rate. I tried to apply..

A collection

We had a dispute with my son’s college apartment, he changed schools but we still had to pay for his..

What to do with credit cards we don’t need anymore.

My wife and I were discussing that we have credit card accounts that we don’t need anymore. Back in the..

401K & credit card debt

We currently have appx $65K in credit card debt. We have appx $1.26M in our 401K plans ( combined) should..

Value of LifeLock with Credit Freeze

Hello Terry, I enjoy listening to you on the John Williams show and reading your articles in the Tribune. You..

credit card question

Does it affect your credit rating if your credit card wants to reduce your credit amount? It is my oldest..

Closing Credit Card Accounts

Hi Terry I enjoy listening to your advice on WGN-AM radio. I do have a Credit Score related question. My..

Credit card company debt settlement figures

Credit Card Amount owed is $25,000- Discover settlement offer is approximately $17,000 – (65%) -1099 reporting & cancellation of card..

Reduced interest rates

I missed your answer to the question concerning President Trump wanting to limit the amount of interest that a credit..

0% credit card

I am 75 with a discover card balance of about $7700. My credit score is just over or under 700...

money

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