Through disease and joblessness, couple fought to pay their debts

Michelle Singletary
Columnist October 11, 2013

Wendell and Linda Ramage could give Congress and the Obama administration some lessons on paying off massive debt.

As we watch our leaders debate the federal government’s debt ceiling, I can’t help but admire the story of these two retired teachers from Georgia, both 71, who sacrificed so they could pay off $50,000 in credit-card debt they had accumulated because of medical expenses and overspending. Certainly their debt situation isn’t complicated or large relative to the federal government’s, but it’s the couple’s resolve to buckle down and stop living beyond their means that should be a lesson for our leaders.

The couple was honored as client of the year by the National Foundation for Credit Counseling.

At an awards ceremony here, Wendell explained why he began running up credit-card debt. It was after he was diagnosed with prostate cancer in 2001 and told he had about four years to live.

“I think, inside, I felt that having terminal cancer entitled me to get whatever I wanted, and so I was reckless with credit cards,” he said.

But his cancer went into remission. And it was then he realized that, no matter what, he didn’t want to leave an legacy of debt to his wife. The couple recently celebrated their 49th anniversary. He recalled the sandwiches his wife would make for him each day, and how on top she would place a love note.

Once their debt reached $50,000, they started paying $100 over the minimum payment each month. “We soon realized . . . it was going to take us many years to pay off all of our debt,” Wendell said. “We also knew that retirement was around the corner for both of us, which would mean a significant reduction in income.”

The Ramages decided bankruptcy wasn’t an option. They felt an obligation to pay their debts. So they contacted a nonprofit credit-counseling agency — the Consumer Credit Counseling Service of Middle Georgia — and were put on a debt-management plan in 2008.

Ah, but life got in the way again. Soon, Wendell was diagnosed with Stage 4 prostate cancer — again with a prognosis of four to five years to live. He was no longer able to keep up his duties as a teacher, and so he retired after 32 years. Then the school where his wife had been teaching for 32 years closed. She too retired. The bad news kept coming. In January, Linda was diagnosed with Alzheimer’s disease.

With their income reduced, the couple worked with Nicole Caldwell, their credit counselor, to rework their debt-reduction plan. The key is, they didn’t stop trying. “We would not let life get in the way of us finishing,” Wendell said. “We had to make a lot of sacrifices, many of them hard, but it was necessary.”

They ate a lot of grilled cheese sandwiches and tomato soup during the home stretch of their debt-payment plan, Caldwell said during the awards program.

Their debt-management plan had them repaying nine credit cards with a total debt of $50,957. Their monthly payment was $1,081, and the average interest rates were reduced by 9 percent. With the return of cancer and reduction in their income, it became difficult to make their original monthly payment. Working with creditors and the counseling service, they got the payment reduced to $768 in 2012.

On May 6, the couple dropped off their last debt payment.

“Even with difficult life situations, Wendell and Linda always exhibit a positive attitude and dedication to pay off their debt,” Caldwell said.

Wendell, with Linda by his side, accepted their award, and their story left many in the audience in tears.

“We made it,” he said, his voice shaking. Then he gave a thumbs-up.

The couple is now doing great financially. Wendell even started a job at a prison teaching inmates and preparing them to take GED tests, which, when passed, allow people to earn a high school equivalency diploma. To hear the Ramages tell their story, watch their video at www.sharpentoday.org and click on “Success Stories.”

The Ramages are a real inspiration for paying off debt, and their story should serve as a lesson to us all.

Readers may write to Singletary at The Washington Post, 1150 15th St. NW, Washington, D.C. 20071 or singletarym@washpost.com. Personal responses may not be possible.

SECTION: {section=business, subsection=null}!!!
INITIAL commentConfig: {includereply=true, canvas_permalink_id=washpost.com/8bvh5zpd9k, allow_comments=true, commentmaxlength=2000, includeshare=true, display_comments=true, canvas_permalink_app_instance=bg52e9xhqr, display_more=true, moderationrequired=false, includefeaturenotification=true, comments_period=14, defaultsort=reverseChronological, canvas_allcomments_id=washpost.com/km4ey0dajm, includevoteofftopic=false, allow_videos=false, includesorts=true, markerdisplay=post_commenter:Post Commenter|staff:Post Writer|top_commenter:Post Forum|top_local:Washingtologist|top_sports:SuperFan|fact_checker:Fact Checker|post_recommended:Post Recommended|world_watcher:World Watcher|cultuer_connoisseur:Culture Connoisseur|weather_watcher:Capital Weather Watcher|post_contributor:Post Contributor, childrenitemsperpage=3, includeheader=true, includeverifiedcommenters=true, defaulttab=all, includerecommend=true, includereport=true, maxitemstop=3, source=washpost.com, allow_photos=false, maxitems=15, display_ugc_photos=false, includepause=true, canvas_allcomments_app_instance=6634zxcgfd, includepermalink=false}!!!

UGC FROM ARTICLE: {allow_comments=true, allow_photos=false, allow_videos=false, comments_period=14, comments_source=washpost.com, default_sort=, default_tab=, display_comments=true, is_ugc_gallery=false, max_items_to_display=15, max_items_to_display_top=3, moderation_required=false, stream_id=}!!!

FINAL commentConfig: {includereply=true, canvas_permalink_id=washpost.com/8bvh5zpd9k, allow_comments=true, commentmaxlength=2000, includeshare=true, display_comments=true, canvas_permalink_app_instance=bg52e9xhqr, display_more=true, moderationrequired=false, includefeaturenotification=true, comments_period=14, defaultsort=reverseChronological, canvas_allcomments_id=washpost.com/km4ey0dajm, includevoteofftopic=false, allow_videos=false, includesorts=true, markerdisplay=post_commenter:Post Commenter|staff:Post Writer|top_commenter:Post Forum|top_local:Washingtologist|top_sports:SuperFan|fact_checker:Fact Checker|post_recommended:Post Recommended|world_watcher:World Watcher|cultuer_connoisseur:Culture Connoisseur|weather_watcher:Capital Weather Watcher|post_contributor:Post Contributor, childrenitemsperpage=3, includeheader=true, includeverifiedcommenters=true, defaulttab=all, includerecommend=true, includereport=true, maxitemstop=3, source=washpost.com, allow_photos=false, maxitems=15, display_ugc_photos=false, includepause=true, canvas_allcomments_app_instance=6634zxcgfd, includepermalink=false}!!
Comments
SECTION: {section=business, subsection=null}!!!
INITIAL commentConfig: {includereply=true, canvas_permalink_id=washpost.com/8bvh5zpd9k, allow_comments=true, commentmaxlength=2000, includeshare=true, display_comments=true, canvas_permalink_app_instance=bg52e9xhqr, display_more=true, moderationrequired=false, includefeaturenotification=true, comments_period=14, defaultsort=reverseChronological, canvas_allcomments_id=washpost.com/km4ey0dajm, includevoteofftopic=false, allow_videos=false, includesorts=true, markerdisplay=post_commenter:Post Commenter|staff:Post Writer|top_commenter:Post Forum|top_local:Washingtologist|top_sports:SuperFan|fact_checker:Fact Checker|post_recommended:Post Recommended|world_watcher:World Watcher|cultuer_connoisseur:Culture Connoisseur|weather_watcher:Capital Weather Watcher|post_contributor:Post Contributor, childrenitemsperpage=3, includeheader=true, includeverifiedcommenters=true, defaulttab=all, includerecommend=true, includereport=true, maxitemstop=3, source=washpost.com, allow_photos=false, maxitems=15, display_ugc_photos=false, includepause=true, canvas_allcomments_app_instance=6634zxcgfd, includepermalink=false}!!!

UGC FROM ARTICLE: {allow_comments=true, allow_photos=false, allow_videos=false, comments_period=14, comments_source=washpost.com, default_sort=, default_tab=, display_comments=true, is_ugc_gallery=false, max_items_to_display=15, max_items_to_display_top=3, moderation_required=false, stream_id=}!!!

FINAL commentConfig: {includereply=true, canvas_permalink_id=washpost.com/8bvh5zpd9k, allow_comments=true, commentmaxlength=2000, includeshare=true, display_comments=true, canvas_permalink_app_instance=bg52e9xhqr, display_more=true, moderationrequired=false, includefeaturenotification=true, comments_period=14, defaultsort=reverseChronological, canvas_allcomments_id=washpost.com/km4ey0dajm, includevoteofftopic=false, allow_videos=false, includesorts=true, markerdisplay=post_commenter:Post Commenter|staff:Post Writer|top_commenter:Post Forum|top_local:Washingtologist|top_sports:SuperFan|fact_checker:Fact Checker|post_recommended:Post Recommended|world_watcher:World Watcher|cultuer_connoisseur:Culture Connoisseur|weather_watcher:Capital Weather Watcher|post_contributor:Post Contributor, childrenitemsperpage=3, includeheader=true, includeverifiedcommenters=true, defaulttab=all, includerecommend=true, includereport=true, maxitemstop=3, source=washpost.com, allow_photos=false, maxitems=15, display_ugc_photos=false, includepause=true, canvas_allcomments_app_instance=6634zxcgfd, includepermalink=false}!!
Show Comments
Most Read Business