credit cards

It's an honest mistake that all of us do at times and don't even realize it.

Q. I have a credit card with a $95 annual fee. I’m trying to decide if I should cancel or if it will hurt my credit report. What do you think?

Q. I have $10,000 in credit card debt and I can’t seem to pay more than the minimum. I’m thinking of using my HELOC which I have never used to pay it off. Are there any downsides?

Q. We go to Great Adventure every year and we get season passes. It’s always cheaper to buy them for the next season when they first go on sale. If I don’t have the cash, is it worth putting on a credit card?

Q. I have a pension worth about $500 a month, and the lump sum payout is $38,000. I’m only 34 and I’m not sure if I should leave it there or invest the lump sum in an IRA. I also have $5,000 in credit card debt. Could I pay it off and roll over the rest into the IRA?

Q. My husband and I disagree about credit cards for our daughter, who is starting college. She has no income so I don’t think she should have a card. He thinks she should start her credit history as soon as possible. What do you think?

Q. I co-signed a credit card for my son when he started college. I’d like to get off of that account now. What should I do, and will it hurt his credit report?

Q. What are the benefits or drawbacks of doing a credit card balance transfer?

Q. I get paid irregularly so I end up using credit cards that I can’t pay in full each month, and I have to wait for paychecks to catch up. How can I get out of this cycle?

Q. I have questions about when a credit card account is hacked. Most unauthorized charges seemed to be from online purchases. I am very careful with my card and make few online purchases. Unauthorized charges were removed pending an investigation. How does this happen and how can I prevent it from happening again?