Ask Stacy: My Credit Card Debt Is Killing Me — What Can I Do?

Debt Trouble
Photo by Marcos Mesa Sam Wordley / Shutterstock.com

Welcome to “Ask Stacy,” a video feature in which I answer a money question submitted by a reader or viewer. (Learn how to send in a question of your own below.)

Today’s question is about debt; specifically, what to do when it becomes unmanageable.

Finding help with debt was the subject of the first TV news story I ever did back in 1991, and I’ve covered it many times since. If you’ve got a debt problem, or know someone who does, this story could be one of the most important you’ll ever see or share.

For more information on this topic, check out:

And if you’d like to win $2,500 to help pay off your debt, see “Struggling With Debt? Win $2,500 to Start the New Year Debt Free.”

Got a question you’d like answered?

You can ask a question simply by hitting “reply” to our email newsletter, just as you would any email in your inbox. If you’re not subscribed, fix that right now by clicking here. It’s free, only takes a few seconds, and will get you valuable information every day!

The questions I’m likeliest to answer are those that will interest other readers. In other words, don’t ask for super-specific advice that applies only to you. And if I don’t get to your question, promise not to hate me. I do my best, but I get a lot more questions than I have time to answer.

About me

I founded Money Talks News in 1991. I’m a CPA, and have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Got any words of wisdom you can offer on this week’s question? Share your knowledge and experiences on our Facebook page. And if you find this information useful, please share it!

Got more money questions? Browse lots more Ask Stacy answers here.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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