Posts Tagged ‘Pay Off Debt’

How important is it to pay off debt before applying for a home loan?

Saturday, April 25th, 2009
Kerrie H asked:


I want to apply for a home loan but I have about $10,000 in credit card debt. I want to get in on the market now, how important is it that I pay off my debt before applying for the loan?

Josephine

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Posted in Renting Real Estate | 5 Comments »

Is there any option for debt consolidation if you are NOT in default with good credit but no equity?

Monday, February 16th, 2009
mscollegeteacher asked:


Are there less risky unsecured financing options for those with good credit outside local banks who want secured credit? We want to pay off debt at lower interest than credit cards currenly held. Any options out there besides all the scary ones?

Emma

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Posted in Personal Finance | 8 Comments »

As a young person in your 20’s, is it better to start saving for retirement or pay off debt?

Sunday, February 8th, 2009
debt
shamieya asked:


My debt consists of student loans and a mortgage. I contribute to a retirement plan with my job, but i work for the government, so there is no matching for my contributions. Should I severly reduce the retirement contribution (or end it) and focus on the debt?

Susan

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Posted in Personal Finance | 13 Comments »