The Ramsey Show

#8212: Getting Aggressive With the Mortgage


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Hour 2: Aired on Wednesday, June 8, 2016 

- Garrett (Memphis, TN) wants to buy a new house, rent out his current house, and use the rental income to fund a new mortgage.

- Scott (Louisville, KY) wonders how aggressive he should be with paying down his mortgage.

- Dave reads a Twitter question from Claudia, who asks what the difference is between a Chapter 7 and Chapter 13 bankruptcy.

- Dave reads a Twitter question from Dave, who wants to know if he should take out a home equity line of credit to pay off other debts.

- Sally (Knoxville, TN) says she's out of debt and has a $1.5 million net worth, but she's finding it difficult to be a spender now.

- Sara (Greenville, SC) asks the best way to pay off loans.

- Brian and Ashley (Jacksonville, FL) are debt-free after paying off $103,000 in two years!

- Adam (San Antonio, TX) needs to know if he should exit a student loan forgiveness program and pay the debt off on his own.

- Elizabeth (New York) asks about buying a property and working to improve it versus buying a move-in ready home.

- Mike (Boise, ID) wants to know the pros and cons of using personal credit cards for work expenses.

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