The new credit card rules

Dec 2, 2009
Question: The new credit card interest rules [say] any payment amount over the minimum would be applied to the Higher Interest Balances when the...
Posted In: Credit Cards, debt

Taxes and short sale

Nov 17, 2009
Question: I'm trying to find out the tax implications of selling our house in a short sale. Basically, our house was on the market for 2years and...
Posted In: debt, Housing, Taxes

Refinance, or not

Nov 7, 2009
Question: I own a home which I'm in the process of refinancing under the Keeping Homes Affordable program. As part of the refinancing, the mortgage...
Posted In: debt, Housing

Responsible for debt

Oct 27, 2009
Question: In 1999 I opened a credit card with my nanny to help her establish credit. I have never used the card so all of the charges on it are...
Posted In: Credit Cards, debt

Mortgage and taxes

Sep 9, 2009
Question: I always enjoy listening to your comments and hope that you have a moment to settle a discussion a friend and I are having. Is the ...
Posted In: debt, Housing, Taxes

Credit problems

Aug 26, 2009
Question: I think that my daughter is in deep credit card debt. I would like to pay off some of her credit cards. Is that possible to do on my own...
Posted In: Credit Cards, debt

Closing credit card account

Aug 25, 2009
Question: I have a high interest credit card--24.9% with Bank of America, with a large balance $12,000. I am closing the account and Bank of...
Posted In: banking, Credit Cards, debt

Home equity line of credit

Jul 29, 2009
Question: I have a $50,000 mortgage on my condo and was just approved for a $150,000 equity line of credit (no processing fees). I have no...
Posted In: Credit Cards, debt, Housing

29% interest rate

Jul 24, 2009
Question: I am rec'ing notices that my credit card rates are jumping to 29%. I owe about 35K. I tried to get a consolidation loan to pay them off...
Posted In: Credit Cards, debt

Pay off auto loan

Jul 10, 2009
Question: I have a car loan that I could afford to pay off. However, is the loan, which has been paid on time for about 2.5 years, helping my...
Posted In: debt