Appearances

COMMENTS | 4 comments so far

1. 1

   Hi Jean. I post my comments. Hopefully you receive it.

   • Posted January 20, 2010 by Allenhall
2. 2

   Hi Jean. I am a 58 year old unemployed woman who just came out of a divorce with mountain of debt. My unemployment check isn’t enough. My marital home is for sale. The mortgage payment and the equity loan payment total approximately $455,000. My ex is paying it along with, the utility bills and the minimums on the joint credit cards, but he is keeping a running tab of what I owe him for that. I receive no maintenance money because it goes to him for the mortgage payment, so the house doesn’t foreclose. I currently live in an apartment, where I am paying for utilities too. I also lease a car. I no longer spend much on my credit cards. I hardly go out except to see a film at the library, which is free. Gas is a big expense, though. I need help. I need a way out of this mess.

   What is the difference between debt consolidation and debt settlement? How would each affect my credit score? Although I won’t be buying a house or a car anytime in the near future, I am concerned because prospective employers, insurance companies, prospective landlords do run a credit check nowadays. What do you suggest?

   Eugenia Giokas

   • Posted February 3, 2010 by mavrise
3. 3

   I recently paid off 4 credit cards. I called each company to find out if there was an annual fee. Only one said the annual fee was $20.00 so I closed it. I didn’t want to close all of them because I have a good credit score of 800.

   I just received a letter from Citi Cards telling me that starting in April I will receive an annual fee of $60.oo and the only way to avoid the fee is to charge a minimum of $2,400 annually.

   I called the credit card company to try to get them to waive the fee since I don’t owe them anything and would be paying for no service, but they said there was nothing they could do.

   Any advice. My husband is against closing the accounts.

   • Posted February 24, 2010 by marciacahill
4. 4

   I haven’t worked in a year and can probably not for a time more due to health reasons. I just got turned down again for SSI, but I have a last appeal. In the meantime, we have no savings or fall backs. The bank did finally, after the 3rd time, get us on a re-modification for $300 less, which pays for the car now. And, this only was approved because a friend new the President of that bank and put pressure on him. We though about defaulting on the motorcycle which isn’t used much, we were stupid in buying it 2 years ago. The loan has 5 more years but what is owed is $29,000, so we can’t sell it or trade it in. We were told at another cycle dealership, that they couldn’t see that loan and we were approved for another new one for about $16,000 and to then default on the other one, which is the only way to get out of it. They would sell it on auction and we would default on the balance. It’s $600 per month.

   The other thing is I saw on Today that the gentleman said he uses a Virtual Assistant. Is that a legitimate Work at Home job? I can’t find a single person that works from home to guide me. I really could use help finding legitimate work at home jobs. Some days I can work, some days I can’t. I have a degree and worked at a major phone company for years and was an Executive Secretary and Medical Assistant. I’m 52. Thank you. Michelle C.

   • Posted March 10, 2010 by oahudancer