[Ronaldus Magnus Reagan]

am a professional freelance photographer. I have about $35,000 worth of cameras, lenses, computers, printers, lighting set ups, etc. It’s an expensive business to be in. Most of it was purchased using a credit card. I am up to my eyeballs in credit card debt. I’m over 65 and I a ‘retired’.

Why are you still using credit card debt with sky high rates? At the very least, you should go to the bank and apply for a debt consolidation loan which will give you a much lower interest rate. How about a home equity loan? That's a much lower rate too. Since you are 65, how about a reverse mortgage if you own your home outright? You've probably got many options to get rid of those sky high usurious credit card interest rates.

[jwparkerjr]

A couple of these are on my agenda. Especially the reverse mortgage.

I am not happy with the present situation, but don’t plan to stay with it forever.