Steve asks Gregory Ricks and Dwayne Stein about how the math on a reverse mortgage sounds like a rip off. Is it useful in the right circumstance? Steve calls in from Van Cleave, Mississippi to discuss his situation on Winning at Life.
Gregory Ricks talks about putting your home equity to work for you with a Reverse Mortgage or a Reverse Purchase.
Cori from Waco, Texas calls Winning at Life to ask if maintaining a good credit score in retirement is worth the bother. Gregory Ricks and James Parker toss around the times when a retiree would benefit from keeping their credit score up.
Gregory Ricks and James Parker weigh the pros and cons with Taylor from New Orleans on his plan to consolidate his student loans.
On Winning at Life, Matthew from Bush, Louisiana asks Gregory Ricks’ advice on which loan he should pay off first. He’s a college student with two student loans, and needs a second opinion on how to get out of debt quickest.