| Subject | Date Asked |
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| Credit and Loans | 8/25/2008 |
Q: I'm in a tight spot, I just recently got a car thats 840.00 a month for 72 months (i've already paid ...
A: The rate you can get will be based on your FICO score. Do you know what yours is? If not, you ...
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| budgeting for school | 8/23/2008 |
Q: I am going to culinary school this fall and will be pretty much own my own financially. This is what ...
A: There are two things you can do that will answer all of your questions. If you can do these things ...
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| DISCOVER credit card | 8/23/2008 |
Q: Good day mam! I just want to know if DISCOVER CREDIT CARD can accepts buying airline tickets online ...
A: If you are asking if you can use your Discover card to purchase airline tickets, you can. Whether ...
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| Juggling a lot, and living with the mess we maid | 8/16/2008 |
Q: We are juggling a lot right now both money and priorities. I’ll try to put this all in the best ...
A: You do have a lot going on, but you are FAR from being in a hopeless situation. Based on the ...
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| Borrowing or Savings | 8/6/2008 |
Q: I have approximately $83 000.00 in my credit union savings account and I need $20 000.00 to complete ...
A: As long as you have money remaining for emergencies (which you will), then it is a much better idea ...
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| Car Loan | 8/2/2008 |
Q: I've been undecided about this issue for a while now and I've become a little narotic about it. I ...
A: I think that whether you plan to keep the car or not it would be better to pay them both off. As ...
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| Loan Consolidation | 7/30/2008 |
Q: I have over $90,000.00 in student loans. Grad school: $37,375.45 are consolidated at 2.875% ...
A: Bankrate.com is a good source for calculators. The best way to determine wheter changing your loans ...
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| Best way to finance home improvement | 7/17/2008 |
Q: I am considering installing geothermal heating and cooling in my new home. I have different options ...
A: I believe that any luxury item (nothing that is absolutely necessary for survival or health) should ...
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| Best place to put money | 7/10/2008 |
Q: In your opinion, what are the best options for putting emergency money. They suggest that you have ...
A: Actually, there's not a lot of differences between your options for your emergency fund money. I'll ...
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| mortage | 7/9/2008 |
Q: I think i,ve made a big mistake ! We bought a house that is 2,000 per month we make 4,ooo but with ...
A: If you can sell the house, I think it would be a better long-term decision. Your mortgage should ...
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| credit and debt management | 6/23/2008 |
Q: 6 years ago I took out a home equity loan that has about an 8% rate. I have very good credit and as ...
A: I actually know of someone that did the same thing you are considering to save interest. The only ...
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| car loan advice | 6/18/2008 |
Q: I am 30 married with 1 child. As gas prices go up, and people are trying to adjust there spending ...
A: The best way to figure out how much a car that has better fuel economy will save you is to go to ...
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| extra payments | 6/12/2008 |
Q: We're thinking of refinancing our home loan. We would be able to get ride of our PMI. Mortgage ...
A: If you get a new 30-yr mortgage on your home, based on the principal balance you stated, and include ...
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| student loans | 6/10/2008 |
Q: my wife and i have about $250,000 in student loans (oh the glories of becoming a doctor). most of ...
A: Since you are expecting, an emergency fund is a greater priority. Do you have at least a few months ...
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| debt | 6/10/2008 |
Q: what is the best way to stay out of debt
A: The easiest way to stay out of debt is to live by a budget. A budget is a plan for your money, and ...
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| $62K bonus and | 6/6/2008 |
Q: Gina, Long story short, I have been financing my life with credit cards and home equity. I recieved ...
A: Creating an emergency fund would be a great first step. If you know what your monthly expenses are, ...
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| Credit score | 5/28/2008 |
Q: I have two credit cards with balances on them but a few others with no balances on them. The two ...
A: 30 percent of your score is affected by the amount you owe. Lenders look at (1) the total amount you ...
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| Saving on Gas | 5/28/2008 |
Q: I would just like to get your opinion. I hadn't planned on getting another car right now. But with ...
A: You can actually do the calculation easily, with the availability of MPG (miles per gallon) ...
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| Promissory note | 5/26/2008 |
Q: We want to loan my daughter money and use a promissory note. When I go to the sites for forms it ...
A: A great website to visit is www.suzeorman.com. Suze has a promissory note that can be used, ...
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| Law School, Debt and Parents. | 5/25/2008 |
Q: I am currently a student finishing up my bachelor's degree. I will be starting Law school next fall. ...
A: Since you can’t work, I think the only alternatives are scholarships (which you can still ...
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| law school loans | 5/23/2008 |
Q: I just accepted a job out of college at one of he Big 4 accounting firms. I start in January, and ...
A: You actually may not have to worry about accumulating debt. Here are some suggestions: Why not ...
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| Personal Budget | 5/10/2008 |
Q: I am 19 year old male looking to create a budget for myself. I work a local grocery part-time and I ...
A: You can go to www.daveramsey.com and click on "Gazelle budget" which is an online budgeting tool ...
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| liquidation | 5/6/2008 |
Q: Why do liquidation usually results in losses for the creditors or owners or both? please give some ...
A: A company usually liquidates its assets because it is in financial trouble. When a liquidation ...
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| I am broke again! | 4/30/2008 |
Q: Mrs. Boykin I am an entrpreneur, i have a bachelor degree in Industrial engineering. It is the ...
A: Here are some simple things you can do to start on the right path: 1. Set some goals: This doesn't ...
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| How can i make money? | 4/11/2008 |
Q: Im 19 and trying to make money. I have parents. But my mom isnt rich. As far as my dad. He never ...
A: The first thing you should realize is that you should not be in any hurry to do anything with the ...
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| credit card payment | 3/19/2008 |
Q: I recently asked a question about paying off credit card debt faster and it was suggestion that I ...
A: I'll start with your last questions first. I'm assuming the credit card company gave you a certain ...
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| High CC Debt | 3/17/2008 |
Q: Gina, I am writing to ask you if there are any reputable financial institutions that I can go to to ...
A: Actually, I think that getting another loan is the LAST thing you should do right now. As you said ...
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| Credit Card or Tax bill? | 3/13/2008 |
Q: I have a dilemna. I have a credit card bill that has plagued me since 2004. I have paid so much on ...
A: The IRS should definitely take priority over any credit cards. As I’m sure you’ve figured out, the ...
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| Money | 3/3/2008 |
Q: I am wanting to know what your suggestions are for my situation. I would like to be able to at least ...
A: The biggest things that would help your situation is to lower your rent and car expenses. Your car ...
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| paying off credit cards | 2/29/2008 |
Q: I am finally making a salary where I can put more money toward my credit card debt. I am also saving ...
A: Paying off the cards first would be best. Then you are free to save as much as possible each month ...
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| What happens when you're declined? | 2/10/2008 |
Q: I understand that if you are turned down for a credit card or loan, it will bring your credit score ...
A: Your credit score DOES NOT go down when you are turned down for credit. Your score DOES go down ...
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| Gap in employment | 2/10/2008 |
Q: I want to apply for a platinum credit card. The application asks me for my work history. It asks ...
A: Credit card companies are mostly concerned about the things that make up your credit score, which ...
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| Credit Report - Don't recognize credit cards | 1/28/2008 |
Q: There are no charges on these cards, but I still want to know what they are. There is no contact ...
A: If you don't recognize a card, then the best place to start is to dispute the card with the credit ...
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| Paying off credit card vs. saving money... | 1/11/2008 |
Q: 000 balance on a credit card that I've slowly but surely been chipping away at the past few years. ...
A: I think the most important thing you can do is to develop good habits. One of these habits is to ...
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| collection agency | 12/20/2007 |
Q: i had a check that came back returned for $32.00 over a year ago...i just spoke with an collector & ...
A: I heard once on a radio show about finances that "you know a collector is lying if his mouth is ...
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| financial planning. | 12/14/2007 |
Q: My fiance and I have been talking lately about our finances. It all seems so confusing! He hit a ...
A: I'm a firm believer that personal finance should be just that - personal. So your plan should ...
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| budget | 12/3/2007 |
Q: I've recently signed a contract for Debt Free Services Student Loan Consolidation Program. My ...
A: Whew! You have a lot of questions. Hopefully I can get to them all. You definitely need to ...
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| young adults | 12/2/2007 |
Q: I am a Journalism student at Algonquin college and I am writing a feature story on young adults ...
A: We live in a microwave society. Gotta have it - and can't wait for it. Most young people have ...
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| ffixing credit | 12/1/2007 |
Q: how do i fix my credit score
A: Your credit score is made up of: Payment history Amounts owed Length of credit history New credit ...
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| Saving for a house | 11/26/2007 |
Q: My fiance and I are looking to save for our first home. He thinks I should put money away in a 403B ...
A: A 401K or 403B is actually the LAST place you want to go to take out money for a home. If you are ...
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| credit card information | 11/3/2007 |
Q: What is considered a good interest rate on a credit card and should this rate be fixed or variable? ...
A: Every time you open a new card, you affect your credit score. Part of your score is based on "new ...
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| credit card information | 10/31/2007 |
Q: What is considered a good interest rate on a credit card and should this rate be fixed or variable?
A: The interest rate that you will be quoted for a credit card will depend on your credit score or FICO ...
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| credit question | 10/24/2007 |
Q: I don't have any credit. I just bought a car with my sister cosigning for me. If i applied for ...
A: Whenever you apply for new credit, it temporarily lowers your credit score. Your car loan is ...
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| Credit Cards | 10/23/2007 |
Q: I hope that you can answer my question regarding credit cards. Do you know how to determine the ...
A: the 2-cycles only start to apply once you have a month where you don't pay the balance in full. for ...
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| credit card pay0ff-now what? | 10/23/2007 |
Q: We have paid off all our credit cards! Do we keep them all open, or close all of them but one? I've ...
A: I've actually heard the experts go both ways on this. Some suggest to keep them open to retain your ...
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| Credit Cards | 10/18/2007 |
Q: I hope that you can answer my question regarding credit cards. Do you know how to determine the ...
A: The average daily balance should be calculated by adding up the balance each day and dividing by the ...
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| debt help | 10/18/2007 |
Q: I have $41000.00 in credit card debt. Where can I go for help??????
A: You can go to www.nfcc.org which is the National Foundation for Credit Counseling and search for the ...
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| Paying off loans vs. saving for a home vs. 401(k) | 10/7/2007 |
Q: My husband is 28 and I am 27. He makes $40,000 as a postdoctoral associate and I make $195,000 as a ...
A: The best place to start, regardless as to the strategy you take, it to have a good budget. It will ...
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| wealth management | 9/21/2007 |
Q: I graduated last may and started my first job out of college this week. I'm pretty good at saving ...
A: Every financial planner says something different about the suggested % allocations, but they usually ...
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| debt and saving | 9/18/2007 |
Q: I'm 28 yrs old. I have about 6,000 dollars in Credit card debt. I recently decided to go back to ...
A: Your plan to go back to school could be a good or a bad thing right now. It depends on the factors. ...
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| student loans and debt/budget | 9/16/2007 |
Q: I am receiving $5394 dollars in student loans this term. My tuition and books are 1800. $900 of this ...
A: The first step for you is to create a budget, by week preferably. I'm not sure if you have any ...
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| Credit Cards | 9/10/2007 |
Q: I am about to turn 18 and I am trying to find out the best way to establish good credit. I live at ...
A: Your credit score is determined by a few things. I'll go through them here... 30% of your score is ...
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| Debt relief consolidation | 8/25/2007 |
Q: I have a friend who I believe has lost control of her debt situation. The amount is not particularly ...
A: The best 1st step for her to take is to cut up the credit cards to make sure she does not add to the ...
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