Tackling Credit Card Debt (DINK for now) Long time lurker here, I’m 26 years old, I have about $28k of credit card debt on 5 credit cards that I racked up over the course of about 2 years. CC #1: $8,300 – $205/mo payment (0% interest until May) CC #2: $6990 – $176.00/mo payment CC #3: $5984 – $166.00/mo payment CC #4: $ $4640 – $100/mo payment CC #5: $2003 – $76/mo payment My wife an…

I have 12k in savings, and I have 12k in credit card debt….Should I just pay it off or keep an emergency fund? So overall I have a Paypal card with a 29% interest rate totaling $1699, a Capital One card with 28% with $2486 on it, and my bank credit card with $7462 on it at 17%. For a total of $11,647 of debt. The past probably year I’ve reduced my debt by around 15% in total. My savings account currently has 12k in it…This is all I have, I made $96,00…

Should I pull money from my stocks to pay off credit card debt? Hi everyone, I’m looking for some advice on how to handle my current financial situation. I have about $90,000 in stocks, which I want to let grow for the long term. However, I also have about $5,000 in debt spread across three credit cards, and I’m having trouble paying it off quickly. The interest rates are making it harder to get ahead, and i…

I’d frozen my credit for safety and now someone is applying for credit in my name (and being denied). Any more I can do? A while ago, I froze my credit with all three agencies (I can’t foresee the need for a loan in my life anytime in the near future). Recently, I got letters from five different banks that the loan I applied for was denied. I never applied for loans so obviously someone got my info and is attempting to do just that. All the banks will tell me is t…

I’m 27 and I have 20k in credit card debt. Hey everyone need some help, just graduated from university but while was in school got into some debt from using credit cards. have about 20k in debt in credit cards. My current job I make about 40k a year. What would you recommend so could get out of this debt whole and actually start saving for retirement. submitted by /u/Euphoric_Come…

How a Consulting Firm and Trump’s I.R.S. Pick Pushed a Problematic Tax Credit Billy Long worked with Lifetime Advisors, a company that solicited clients to claim a pandemic-era tax credit that the I.R.S. said became a magnet for fraud.

My step-mother passed away and we have the money but not the credit for our mortgage. My step mother was our breadwinner. Her and my mother are both on the deed, however my mother has bad credit and no income. Also however, I make enough to cover the mortgage as-well as if we get 25k from life insurance, that would cover it for 2 or so years. So money isn’t necessarily the full issue. I’ve read that when a spouse dies the other o…

Relative Wants On CC for Credit Boost I’m in a difficult situation here in that my father in law is asking to be added to one of my credit cards, allegedly to boost his credit for a mortgage refinance. I think he means as an authorized user and he is saying he doesn’t need a card and it would just be temporary. Obviously I know this is a bad idea and I do not want to mix family and…

Is it difficult to rent with a bad credit score? I had some unexpected car troubles, so unfortunately I’m letting my car get repossessed since I don’t have the money to fix it. How difficult will it be for me to find even some rundown apartments or trailers in a trailer park that will rent to me with a car repo on my record without a co-signer? I’ve never rented before. I have a stable job, bu…

The Surprising Way Credit Cards Make Money submitted by /u/Chii

LPT: If your phone is broken or stolen, check with your credit union, bank, or credit card company for coverage! Many people don’t realize that their financial institution may offer benefits like mobile phone protection. For example, my credit union provides up to $850 in replacement coverage for broken or stolen phones. Some credit cards also include extended warranties or purchase protection as part of their perks. Take a few minutes to look into the ben…

Care Credit, does it matter if I get it months prior to surgery (intended large purchase) or should I wait till closer? Care Credit is possibly my best option to pay for a surgery quickly. Surgery will be maybe three months away and they take care credit. if I apply and am approved today for a card and whatever promo period I can qualify for,but then have the card sitting with zero purchases on it for a few months, will that… effect me or my payment schedules a…

Lens Rental Credit Card protection? Hey everyone. I’m planning to rent a lens soon, probably from lensrentals, and ofc I want insurance coverage for a $2000+ lens, and I’m wondering if there are any credit cards that actually cover protection? Insurance from the rental company is like $50. It’s not atrocious, it’s just that I’ve recently learned I’ve been stupidly paying for extra…

22 Years Old with No Financial Guidance – What Steps Should I be Taking? – Credit Cards, Investing, Retirement, Etc. I am 22 years old and am starting to really stress out about finances. I come from a low class background, and due to family dynamics, I have never had anybody to look to with financial advice. I really just have no idea what I should be doing, so much so that I am not sure what questions to even ask. I graduated college this year with a bachelo…

TikTok Influencers Are Wrong About Hackers Stealing Credit Card Information Over AirDrop A new TikTok hoax has people looking for hackers in all the wrong places.

Is a sketchy credit union better than no credit union? I have my truck financed through a credit union, and that entails a savings account through them that your transfer money to to go towards your vehicle. I currently have the payoff amount of my loan being transferred over, and once I have the truck paid off and get title in hand is there a reason to not close that savings account? The credit uni…

‘Bad Monkey’ Gets $20 Million Tax Credit to Move From Florida to California submitted by /u/indig0sixalpha

Dad’s Credit Card Fraud? Account Closed, Sent to Collections, My Credit Score Affected. Need Advice! Hello! This is my first time using reddit so please bare with me, I was recommended to do so here and will be posting this everywhere to get help. This situation has spiraled out of control, and I don’t know what to do. Any advice is appreciated! Over the summer, I opened a credit card under my dad as an authorized user. I was given my own card,…

Can paying off a majority of a loan immediately help your credit score? Would it be beneficial for your credit score to pay off a large majority of a loan at the very start and then slowly spread out the last bit for the rest of the loan term? I’m looking at a loan that I have to take out of around $50,000, and I have the ability to pay it off instantly, but I wanted to see if maybe I can go about it like this to t…

14 K debt (not mine) on my credit report- who do I go after? My identity was stolen in 2022 by a woman in another state I’ve never been to. I found out by credit alert when she tried to take out a personal loan, and I intercepted the application when they pulled my credit. I locked all my reports. Police won’t pursue because she hadn’t yet stolen anything from me. I thought I was done with her. Last month…