Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

30 of 65
BACKNEXT
Kathleen Arborgast: Saddled by subprime
Kathleen Arborgast: Saddled by subprime
Kathleen Arborgast
Administrative assistant, 64, Topeka, Kan.

I have a subprime mortgage because of a divorce and subsequent bankruptcy. Being a 64-year-old female supporting a grandson and son, it has been very difficult.

When my son finishes school (he is retraining because of work comp injuries that don't allow him to do physical work), then we should be okay. My grandson has been working until recently. His mother quit paying her child support which is $300 a month and that also lowered our income substantially.

It has been very rough. I am doing my best to keep us afloat until both get out of school. Groceries go up almost weekly and gas daily. Not a pretty picture for our future.

NEXT: Filecia Tatum: Hard choices in hard times
Last updated November 15 2009: 6:21 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Driving the world's first car Driving a replica of the 1886 Benz Patent Motorwagen, the first internal combustion automobile. More
The 7 biggest investment mistakes celebrities make From betting too heavily on real estate to overestimating future earnings, here are 7 of the most common money mistakes that celebrities make. More
Cotton candy, toothpicks, pet gel -- these products are all made from marijuana Legal cannabis, an estimated $5.4 billion industry, is drawing in entrepreneurs with a variety of innovative products -- from skin patches to pain relief gel for pets. More

Special Offer