Dave Ramsey takes on readers
By Bankrate.com

Dave Ramsey is a busy guy. He hosts a live radio program -- "The Dave Ramsey Show" -- Monday through Friday, which can be heard on more than 350 radio stations around the country, as well as XM and Sirius satellite radio. Recently he has begun hosting a television program five days a week -- "The Dave Ramsey Show" on Fox Business Network -- which airs at 8 p.m. Eastern and again at midnight. He answers questions on the fly from callers on both shows.

Despite all his commitments and obligations, Ramsey took time out to talk to Bankrate about how to handle debt. On top of that, he was gracious enough to accept questions from our readers. Below are links to their financial queries; read them as well as his insightful answers.

Click on readers' questions to see Dave Ramsey's replies

• How can someone unload a time share? • Refinance now or hold out? • What's good debt and what's bad? • How can lower the interest on my mortgage? • What is the best way to pay down debt? • To mortgage or not? • What should we do with inheritance? • Debt settlement: good or bad? • How are Fed cuts impacting CD rates? • What is best card for a single person? • How do I escape making payments on two houses? • Why invest? • After one late payment does rate double? • Pay debts or invest? • Do you pay original lenders or debt collectors? • How do I escape an option ARM? • Am I getting bad financial advice? • What's the best way to tackle debt? • Should I help son with debt?