Credit/Debt Questions
Cancelling Credit Cards
Greetings Terry, I would like to cancel a few of my credit cards - I do not use a few...
Debt Consolidation
Hi Terry, I have about $33,000 in credit card debt. I work in sales and usually make pretty good quarterly...
What’s your opinion on the Citi Double Cash Credit Card?
Hello Terry, I'm considering the Citibank Double Cash Credit Card. I always pay the monthly balance on my credit card....
loan to pay off credit (and make home improvement)
Hi Terry, Are the loan companies (like best egg or my prosper) a good way to consolidate and pay off...
Mortgage loans after short sale
we have bad credit because of a bankruptcy 6 years ago. We also have to do a short sale on...
spouse’s credit card at death
Am I responsible for me deceased spouse's credit card debt? Terry Says: Only if you were a signer on the...
open a debit/credit card for teenage daughter
Hi Terry, My daughter will be 15 in December and is a freshman in high school. When should I get...
5 financial tasks…
"you mention paying to "freeze" one's credit, how specifically is that done? Thanks Terry Says: Contact each of the credit...
First Credit Card for young adults
My daughter is 18 and in her first year of college. I heard it would be a good idea for...
Take from IRA for partial payment of home equity loan
I owe 30,000 for a home equity loan. I am thinking of taking 10,000 from my IRA (since I'm 60...
Repairing Credit
I need to fix my credit due to past issues (dismissed bankruptcy, car repo, late payments). Is there any value...
credit card bills — loan from a friend?
Hi Terry--My husband & I have about $50,000 in credit card bills. Our monthly income is around $5133 and monthly...
credit card balances
Where can I find a trusted financial institution sanctioned by the government in order to consolidate credit card balances. There...
Sold condo for a loss, now stuck at parents house
Hi Terry, I have seen you a couple times on the WGN news and this morning, 7-29-15, you spoke of...
Closing Out Credit Cards
Hi Terry! What is worse when it comes to credit cards. ... 1. Leaving them open with a 0 balance...
credit cards
We have too many credit cards. We only use a few, the rest sit in a drawer. I worry about...
Paying off credit card debt
I have credit card debt and have just inherited money. I plan to use some of it to pay down...
Credit problems may impact next job
I made some bad career choices and lost a couple jobs and ended up in debt. Now I have over...
Mortgage Refi/ Disposable Income/ What to do??
Hello Terry, My wife and I would like to refinance our mortgage loan to lower our payment. We are in...
credit cards — can’t pay!
I have 3 credit cards that are at $2,000 on each.i am not working and im not sure how to...
