Posts tagged "Cutting"

How to Pay Off Your Credit Card Debt | http://t.co/VBfBkLlB: If you’re serious about cutting down your outstandin… http://t.co/NeoyuSn8

How to Pay Off Your Credit Card Debt | http://t.co/VBfBkLlB: If you’re serious about cutting down your outstandin… http://t.co/NeoyuSn8by nomoredebtaches (nomoredebt)

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Posted by - January 27, 2012 at 11:00 pm

Categories: Credit Debt Management   Tags: About, card, credit, credit card debt, Credit Debt, Cutting, debt, Down, http//t.co/NeoyuSn8, http//t.co/VBfBkLlB, outstandin..., Serious, You're

Rep. Hansen Clarke: Stimulate the Economy by Cutting Consumer Debt

MSNBC Interview with Contessa Brewer July 21, 2011
Video Rating: 4 / 5

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2 comments - What do you think?
Posted by - September 19, 2011 at 9:00 am

Categories: Consumer Debt   Tags: Clarke, consumer, Consumer Debt, Cutting, debt, Economy, Hansen, MSNBC, rep., Stimulate

Selling home, making a profit – better to pay off credit card debt or put money into new home?

I have some credit debt left and I’m wondering if I should put the extra money I make from selling my home into the new house I’m purchasing or if I should go ahead and pay off the credit card debt. What is a smarter decision?
Just wanted to say I’m not late on my credit card bills, just wondering if I should go ahead and pay them off in full right away

Have you lived in it for at least 2 of the last 5 years? If so, there’s no capital gains tax from the IRS, and the money is yours to spend as you wish.

Glenn is correct – This all depends upon what you’ll do with these newly cleaned up credit cards….. It’s a falacy that people can get out of debt by placing all their credit card debt onto their house. They usually run up their cards again in a few years and are then worse off than before.

Put the money to the house. Start paying EXTRA to your credit cards. Start cutting up your credit cards. Then start sending extra to your house.

FREEDOM!!!!!!

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Posted by admin - November 5, 2009 at 2:25 am

Categories: credit card debt   Tags: Ahead, Capital Gains Tax, Credit Card Bills, credit card debt, Credit Cards, Credit Debt, Cutting, Extra Money, Falacy, Freedom, Irs, New House, People, Purchasing, Selling House