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Do you have a puzzling personal finance question?

Our NFCC experts are here to help with answers. Ask an Expert is a way for you to get your financial questions answered in a safe place. Our experts are here to cover all kinds of tough financial topics, including student loans, military-related finances, bankruptcy, housing issues, such as first time homebuying or pre-foreclosure, as well as credit, debt and budgeting.

Help, Multiple Credit Inquiries Hurt My Credit Score!

Q. I submitted a request for an online personal loan and that kept sending me to different loan companies and they failed to tell me that all of them...

Bruce McClary / Monday January 14, 2019

#AskanExpert: Will Husband Filing Bankruptcy Impact My Credit?

Q. My husband and I have a credit card together. I just found out that he has been using the card and there's a large amount due. He is...

Bruce McClary / Friday December 21, 2018

How Can I Move My Personal Credit Card Debt to My LLC?

Q. How can I move my personal credit card debt to my LLC? I started a company but I funded it with my personal credit cards first. Now I...

Bruce McClary / Monday December 17, 2018

Should I Use My Social Security to Fund My Children’s Retirement?

Q. I have more than enough to fund my retirement and I plan on retiring by age 62. I am considering taking my Social Security payout at age 62 and investin...

Bruce McClary / Tuesday December 11, 2018

Should I Use a Credit Repair Company to Fix My Credit?

Q. I filed for bankruptcy, but my case was dismissed. It’s been 16 months since the dismissal. While I was protected during the bankruptcy process, all a...

Bruce McClary / Friday November 30, 2018

What Are My Options for Student Loan Repayment?

Q. I was reading about the Navient lawsuit but also received a text in regards to it and wanted to understand this better. I’ve been p...

Bruce McClary / Wednesday November 21, 2018

Should I Remove Myself as an Authorized User?

Q. When I was under 18, my parents added me as an authorized user to one of their credit cards. However, since then, they have accumulat...

Bruce McClary / Friday November 16, 2018

My Debt Payment’s Too High, What Can I Do?

Q. I have $27,000 in debt (non-secured signature loans) at $1612/month in payments. I am current on all my bills, but the budget is increasingly difficult...

Bruce McClary / Friday November 2, 2018

What is Borrower Defense to Repay and Who Qualifies?

Q. I attended a school and accrued over $22,000 in student loans. I feel that I was misled to believe I was guaranteed to be able to get a job when I gradua...

Bruce McClary / Friday October 19, 2018

Why is a Home Equity Loan so Hard to Get?

Q. We’ve used our credit cards too much and gotten ourselves into a stressful situation. We make a decent income, but the monthly paym...

Bruce McClary / Tuesday October 9, 2018