Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Caleb Naysmith

‘Stop Paying The Mortgage Payment Right Now’: Suze Orman Gives Shocking Advice to a Laid-Off Teacher Who Owed $400,000 on a $200,000 House

In an episode of The Suze Orman Show, a 52-year-old California teacher named Maureen, who had just received a pink slip, asked what to do about a house worth about $200,000 with about $400,000 owed on it. Orman's answer started with what Maureen said worried her most: her credit score.

“There comes a point […] where you have to not care about your FICO score,” Orman said. "Nobody is more FICO frenzy than Suze Orman. I was the very first person in the United States that started to get on television and go ‘FICO, FICO, FICO, FICO.’ However, we're talking about survival mode here. If you have no money, how are you going to buy your food?"

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.