Debt & Credit

• Do we recommend utilizing balance transfers credit cards to lower APR or 0% for a certain # of months?
• Is consolidating multiple debts into 1 loan recommended, either as a personal loan or a home equity loan?
• Where does paying off low interest rate date, like student or car loans, fall on the MDY Roadmap?
• Are debt settlement programs legitimate/recommended?
• Is it a good idea to refinance my car?
• How to pay off high interest rate debt to positively impact my credit score the best?
• How can I build my credit score faster after recovering from bankruptcy?
• When your credit score is impacted negatively from bad debt, how long does this history impact your score and how can we better the situation?
• Can you use your 401k funds to pay off credit card debt?
• Can I use a line or credit or HELOC to pay off consumer debt?
• How should I think about student loans in relation to my other debt?
• What are the 5 factors in a credit score and does checking it lower it?
• What are best practices for maintaining a good credit score?
• If I owe the IRS back taxes, what are my options for payment plans?
• How should I analyze and decide if a credit card fee is worth it?
• Are fraud protection and credit freezing services necessary?
• How many credit cards can I have open at one time? How will closing a card impact my credit score?
• How do you pay down credit cards when you spend more than you make due to a pay cut, layoff, or inability to add another job?