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Credit Card Mistakes

MoneyWise

Christian talk radio with Rob West

September 25, 2018

A double-edged sword cuts both ways as they say. If you look up the definition of that ominous-sounding weapon, it may show a picture of something that you carry in your wallet every day: a credit card.Today, Rob West and Steve Moore discuss the negative impact carrying a credit card balance or making late payments. Next, they answer your questions at (800) 525-7000 and [email protected] about the following: - I found a house for sale for $20,000. I have $1,000 in savings and good credit. Can I get a mortgage to buy the house? -My aunt owns a condo and she has 11 years left to pay on it. I wonder if it might be a good idea for me to pay off her mortgage and then let her pay me back at a reduced interest rate. -My debit card give me reward points every time I use it. One of the optionsto redeem the points is gift cards for Stockpile. Ive heard you talk about Stockpile before. Is this worth looking into? -My elderly father passed away last year, and now Im living with my mother to help her. My personal home is sitting vacant. Should I think about renting it out? Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

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