 My mother is 60 yrs old and has $5k to invest in retirement or pay towards her mortgage. What should she do? |
What factors should she take into consideration? She would like to retire in another 5 years.
Additional Details
She has a retirement account already. I mean that she just got $5k right ... |
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 What to buy with 500 dollars? |
| Yo got some Christmas cash what should i buy, planning on buying something in the electronics catagory.... |
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 A friend of mine owes me £3000 what can I do? |
| I have 2 credit cards in my name and he has maxed them and is not paying them. I had these cards when we were together. He also owes on my calaogue but beens as the item was delivered to my address ... |
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 What happens if i run up a huge debt in the us and move to canada? |
| i am moving to canada permanently. from what i know, my credit score in the united states is based off my social security number, which i will not have in canada. what is to stop me from buying a new ... |
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 Make money on the Internet?? |
| I have been reading about how you can do some kind of like chain letter on the internet to get money. Initial investment is $6, need paypal account....Does this work or can anyone tell me more?... |
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 Should I go into debt to attend a funeral? |
My Grandmother is on her death bed. I don't have the money to travel the 1500 miles to her funeral. My family thinks I should go into debt.
What do you think?... |
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 If I receive a check in the mail..stating it is a portion of lottery winnings...Can I cash it ? |
| The check came with a letter from British Random Lotto. It asks that I send the check (from Quest Diagnostics) to a North American Agent. At that time it reads that I will receive the other 85,000 ... |
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 What happens to your debt when you die (UK)? |
Hi,
Quick question, if you die and you are married, what happens to the debt that you owe? It used to get wiped off, but I have heard it doesnt anymore? Please can someone help asap?
... |
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 What are some real things a stay at home mom can do to make some extra cash? |
| I have two very small children that I stay at home with. I would like to make a little extra money every month for shopping. I already sell on ebay (sometimes that doesn't go so well though). I ... |
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 Can my bank do this? Take money for loan without my consent? |
| I was behind on my car payment. My husband just receieved his financial aid from school. We deposited the money in the bank. We had planned to catch up the loan with his paycheck as the financial ... |
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 In Dept with credit cards & loan? |
| If I was to cancel all direct debits for my payments on loans and credit cards, and the moved house.... And didn't have any contact with them at all, would they find me?... |
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 Where can i find an unsecured loan for someone with "not good" credit? |
| I am not looking for millions, $1000 - $2000. I do not have good credit and am looking for an unsecured loan. I am hoping to do this to clear up some debts and build credit. I do not want a pay ... |
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booboo12 | I have the worst credit in the world and am trying to sort it out at the moment but.......? |
i still need to live so i need a small loan or credit card.i have been turned down for capital one and vanquis.uk only please.
and before some points grabber jumps in,yes i know i should save,yes you can keep your sarcastic comments to yourself and i know i have little to no chance but it costs nothing to ask! |
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ascoile
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You are now going to get a load of answers from people trying to get you to go to their websites and take out extortionate loans.
My advice is don't |
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Rosa E
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Do they have pay day loans where you live. I would think so. That might help. Not sure how much they loan but you said little. Do you have any friends, parents or siblings who might loan you some? |
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Jeff T
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With "the worst credit in the world", a new credit card or a new loan is simply out of the question.
Write out a detailed written budget for next month's income.
Line 1: INCOME
Below that, we'll list the essentials of life, and what we need to spend money on.
Line 2: FOOD
But we're talking beans & rice, mac & cheese, and ramen noodles.
Line 3: SHELTER
Rent, electric bill, water bill, etc.
Line 4: CLOTHES
Line 5: TRANSPORTATION
This is car payment, gasoline, insurance, etc.
None of the creditors get a dime until you've covered these. |
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Jess
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Honestly, before you get into another loan or credit card, I would talk to your collectors and try to work something out. Try to avoid more loans and credit cards until you can manage your current debt. As long as you are making some type of payment, they have to accept it. Maybe its time to think about getting a second job or cutting unnecessary expenses. |
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bizzylady2
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When I was in your situation (and many of us have been) someone told me the worst thing to do was take out more credit.
However, I went to my bank (it's a large bank, the small ones wouldn't help) and got a consolidation loan. It was contingent on the money going directly to the credit card debt so it was eliminated. The payment was much smaller, so I was able to pay it easier. The credit card companies quit calling too!! I was able to pay it off, but it took about 10 years.
This isn't the solution for everyone. You might want to try a credit counseling company to see if they can negotiate lower payments to your debtors. All of this hurts your credit, but right now, it probably won't make it any worse!
Good luck! |
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ang l
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try by starting to get a secured credit card, where you put up a small amount of money and use the card. sometimes the bank will change it for a regular card.
Try your bank they know you and may give you a small loan or Credit Card or Debit Card. you have to go in personally not on the phone. if you have more than one credit card, try to consolidate them: so you have one or two payments. |
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emzyjane23
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Have you tried getting a copy of your credit report and contacting your debtors that are still live? If so u can then pay them off and ur credit rating starts to repair itself. |
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rennickelizabe
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usually capitol one do let you have a card to build your credit so do vanquis you need to get your credit file from experian and see what has happened have you forgotten to pay something or have missed payments why not go to a debt management company and see if they can help the best way to build your credit is to try to pay on time and even if you can use direct debits to pay things like cards and catalogue payments good luck |
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desert camel
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youll be lucky...been there,done that...
only company who may give you creddit is the provident but at nearly 400% interest they take the wee....i cant save either,i live from day to day....good luck |
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Brentallica
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the LAST thing you need is CREDIT! Hello!
You need to generate more income and immediately. Cease and desist any spending that is not for food & shelter and get some more jobs.
Discipline & more income is the ONLY thing that will help you.
(I already know you won't take this great advice.) |
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Sharkey
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Firstly, please don't take out any backstreet loans (by that I mean anyone who you meet on the street or on here etc) or credit cards which will just see you in deeper debt in the coming years.
You could start by suppling your details to http://www.moneysupermarket.com/loans/ which will search trustworthy loan companies and see who could give you a loan for the best APR.
Obviously I dont know your personal status (ie. if your an immigrant, retired, live in council house, have children etc) but if you would like to supply this information in ''additional details'' in your answer, i'd be more than happy to post links or phone numbers to government schemes which helps people in financial difficulty with grants/no interest loans etc. |
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Jennie
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DAVE RAMSEY- take a class asap!!! You will be out of debt in no time, and paying cash for everything! |
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Goldie_Just not right
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You can search the link provided below to find credit cards offered for those with a not so perfect credit history (or present). Good luck. |
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