Credit/Debt Page 2

Credit/Debt Questions

Student Loan vs Credit Score

My daughter has a few hundred dollars remaining on her student loan at 2.5%. She has no other debt and..

credit card debt relief

Is there a way to lessen our credit card debt through a company like National Debt Services? I have $20,000+..

authorized user on a credit card

Terry – I added my son as an authorized user to 1 credit card. He doesn’t even have possession of..

Credit reports

How do you freeze credit reports?

Credit cards

My wife and I are in our late 70’s, how many credit cards do you recommend that we use?

Tapping my IRA for credit card debt

I am just hitting 59.5 years and now eligible to withdraw from my IRA penalty free. Should I tap my..

Building/Repairing Credit

Hi Terry, I am now in my early 30s and needing to reestablish my credit. I have not owned or..

My parents debt

My father is 78 years old and lives in assisted living. My mother passed this past February and I was..

Closing Credit Cards

Hello Terry, I have enjoyed listening to you for years on WGN radio and continue to do so as often..

Student loans — daughter fraudulently obtained

Hello – I watched your report this morning regarding student loan repayment. My daughter obtained student loans without my knowledge..

National credit phone #

Sorry, I missed it today on wgn, and if I google it I get a bunch of #’s and I..

Credit card d by repayment and credit score

I have about $8500 in credit card debt that is with two collection agencies. They have called me and are..

Credit card debt

I miss three payments on credit cards and I’m at least 26,000 in debt worried about a consolidation loan place

Hospital bills (cancer)

I’ve been fighting cancer since 2018, there’s a number of bills that have accumulated some of them have been written..

Getting out of Credit Card Debt

I attended your Zoom lecture last night and was very glad I did. You clarified many things, and I seem..

death in family

I am 55 and my brother is 50. Our mother passed 2 weeks ago. She is in a better place..

Financial devastation due to cancer

My 54 y.o. friend received a devastating cancer diagnosis in Jan 2024. First round of chemo was not effective, but..

Home Equity Loan

Hi there, I am trying to figure out if I want to take a home equity loan against my mortgage..

Debt consolidation

I have used a debt consolidation company in the past, which helped me out immensely. I can’t remember the name..

Use of 401k funds to pay down debt

Good Morning, Is it ever a good idea to use your 401k funds to pay off debt. It is my..

money

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