Ask an Expert

July 10, 2020

Why do credit sites recommend I get another credit card?

I’ve worked hard to get my credit score into the excellent range using only one credit card. I pay monthly before the due date. Why do credit sites like Credit Karma and Credit Sesame keep suggesting I get another credit card to improve my score even more? What is the impact on a credit score…

June 30, 2020

Is 58 too late to try to buy a home?

Submitted by Darlene D. For many people, homeownership is an essential part of achieving the American Dream. I applaud you for pursuing your home ownership goals. In my professional opinion, it’s never too late to buy a home as long as you can afford the mortgage. With modern health advances, people live much longer. So…

May 02, 2020

Something I ordered online was sent to the wrong address. What can I do?

I ordered stuff on Amazon and it was sent to a wrong address. I made a dispute with my bank, but they closed the dispute. They want me to pay to have this taken off my credit card statement. But I don’t believe that I owe them. What can I do? Submitted by Richie B.…

April 25, 2020

I own a home, but I would like to move and rent out my home. What’s my best option?

I own a home that I bought only two years ago. In five years, I would like to relocate to Nevada. I’d like to rent out my existing home to have some net income, but I also would like to purchase another home in Nevada. I have no savings for a...

June 17, 2020

Are there debt consolidation companies for poor credit scores?

Submitted by Sara K. A Debt Management Plan (DMP) that is offered by a non-profit credit counseling agency can be an excellent tool for getting out of debt. Anyone can use these plans, whether they have poor credit or great credit. Credit cards, co...