Who knows of a good company that they personally have used for consumer…

Tips and Deals Forums Consumer Credit Who knows of a good company that they personally have used for consumer…

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    • #411963
      Anonymous
      Inactive

      what interest rate are you paying on the student loans? what tax deduction do you get for the interest portion of the payment [if any]?

      you balance the estimated net out of pocket cost against what you realistically think you can get by investing.

      ***
      my personal rule of thumb is pay off the debt if the net cost is more than 1/2 what I honestly think I can get as an investment return.

      btw, the long term average return on the SP500 stock index is +6.6% more than the current rate of inflation. So if you’re thinking you’ll get more than 9% return from investing in this stock market, you’re either a fine trader or dreaming.

    • #411964
      Anonymous
      Inactive

      Keep 6 to 8 months worth of living expenses always socked away in a savings account or a cd.
      No one, absolutely no one, should live without this.
      ^^^ Just make sure you have this first – as a friend.
      You never know when you can lose a job, have medical expenes not covered by insurance, etc.

      After that, I am a true believer in living debt free.
      Pay off your student loans.
      After that start saving aggressively for your retirement.
      If you are 40 and haven’t started yet – it’s time to get seriously going.
      Google retirement calculator
      and see how much you will need to add yearly to what you already have in your retirement accounts…

    • #411965
      Anonymous
      Inactive

      I have never regretted paying off my student loans. I did that before my house, before getting a new car and concurrent with 3% at work for retirement.

    • #411966
      Anonymous
      Inactive

      Your in your 40’s & still have 12 more years of payments. Pay off those loans. Getting out of debt is always a good idea. Once that is done start putting those former loan payments into an retirement fund. If you have the option, start a 401k at work.

    • #411967
      Anonymous
      Inactive

      40s and still have $ 70K in student debt? Pay it off.

    • #411968
      Anonymous
      Inactive

      i dont think so that you pay now if you are a stage of retirement . if your loan is still have an ballance to pay than dont pay that amount if you not have that much money to pay back . I sugest you to do settlement with the bank.=========================

    • #198940
      Anonymous
      Inactive

      …credit counseling or debt consolidate? I would like personal experiences only, no sales pitches or heresay. Thanks!
      Ok…So I got an answer of Consumer counseling…where do you go to get this? can someone give me a link?

    • #256588

      i hope this will help u…..

    • #256788

      I’m not sure where you live, but GreenPath is a reputable company.

    • #256902

      I have personally used this site
      The link on there is where I was told by a friend to help with my credit counseling and I must say It was fabulous. Its been great. Good Luck!

    • #256904

      I used Consumer Credit Counseling Services several years ago and they worked with my creditors to lower both my monthly payment and my interest rates. In 36-months I was debt free.

      They are a free service and I would recommend them to anyone who is in need of their services.

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