Credit/Debt Page 11

Credit/Debt Questions

Bankruptcy

My brother is in serious debt since COVid . He started a small business, never incorporated.. now really struggling. Are..

Withdrawing money

I am financially struggling right now and need the money from my retirement. How can I withdraw this money ASAP?

Credit cards v student loans?

My daughter is 25 years old and a graduate student at Boston University. After scholarships and grants, she will still..

Series EE savings bond for student loans

My son graduated in May but still has some Series EE savings bonds. If he used these to pay down..

Do I need a credit score?

I am retired and have not purchased anything on credit for over 7 years. I have no outstanding bills. I..

Negotiating Down Debt

I contacted a law firm which states that if I stop paying on some of my debt they would then..

Credit Card for my college student

My soon to be 20 year-old daughter, sophomore in college, would like to apply for a credit card. For the..

Credit card inactivity

Hi Terry, I have a credit card that I paid off over a year ago. I have not used it..

Joint account on Best Buy Credit Card

I recently discovered on my Experian credit report that I’m still listed on my daughter’s Best Buy credit card from..

Mortgage payoff vs car loans payoff

I have $95,00 in car loans and owe $190,000 on home. Loan on own is 16 years left. I am..

Credit cards — too many?

I have five credit cards totaling over $60,000 I only owe $300 and my credit score is over 800 and..

credit score

I have 3 credit cards that I either pay off every month or some of the time I will make..

Credit cards with radio chips

Are there any reputable companies that have a Visa Credit card that does NOT have a RFC in it. My..

Cancelling credit card

Hi Terry, Did you say on WGN today that it’s okay to cancel a credit card if you’re not applying..

Credit

Should I candle an old credit card I’m not using? Does it affect my credit score?

Debt card

Is there still a point of service charge for using a debit card?

Closing unused credit cards

Greetings, My wife and I are in our 70’s and have excellent credit (and probably will not have a need..

Home Equity Loan / Retirement

Is a home equity line of credit a good way to buy a car, pay off credit card debt? I..

Credit card

Is it smart to cancel an old credit card that is not being used? And does it affect my credit..

Debt Consolidation

My daughter wants to consolidate her debt with a consolidation company. Can you recommend a reputable company that she could..

money

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