Hello all, im 24 from from the East Coast in the US. I've been on a journey since graduating HS, spent time bouncing between community college and a 4yr school before and after COVID came around. Decided to move to Colorado in '22, lost my job and I'm now back home on the east coast rethinking my career choice and working on myself as a person.

One big part of that, personally, is tackling my debt and becoming debt free. I feel it's incredibly do-able in my situation. I'm living at home with my parents, and have very limited expenses other than the payments for the debts listed (insurance, gas, subscriptions, etc). But no rent or mortgage.

Any advice or strategies are welcome. I'll post more as I begin to take this journey more seriously. This my accountability, I will update with a more complete budget in a few days. Lay it all out.

When my kids turned 18 my child support got put on my credit as a 38k loan with excellent payment history and then I disputed some debts that got removed and now I have a credit score of 4. Does anyone no why that is or what to do about it.

I've got an LOC and 2 credit cards.

Credit card 1: $8300 Credit card 2: $5000 (maxed) LOC: $8450

I've been splitting payments ($750 every two weeks) into my LOC and credit card 1. I have enough in my LOC to pay off CC2 in full. I'm wondering if I should pay off CC2 with my LOC since the interest rate is significantly lower on my LOC. Then I can shift my focus onto CC1 and LOC.

I have, in the past years, racked up lots of debts (mix of personal loan, student loan, and credit cards), which has now totalled to 80K across all accounts.

For context, I am an immigrant who moved to Canada in 2015 sponsored by my mom. I came with my daughter who was then 2y/o. My mom and I had a falling-out and I had to move out in 2016. Since then, I struggled to make ends meet for me and my daughter. While keeping us fed and sheltered, I also was working through my nursing studies (student loans), hoping this will improve both our future. I went through a lot of financial hardships — leading me to the financial situation I have now.

On the fortunate side, I managed to improve my career and income, but it’s not enough to save me from this financial struggle. I just want to get out of this situation. I was hoping to earn extra with the skills I can offer: I can do proofreading, essay writing, video editing, Tiktok and Instagram account managing, and a lot more. If you want to avail my service, and use my help for tasks. I hope I can some help here. Please be kind to me.

Hello all! I'm a senior in college that has a hospital bill that I haven't paid for during my freshman year (its around 400$ for an ER COVID-related visit :( parents refused to pay for it so I just started working part time to get some money to pay it off)... I remember this bill going from the hospital billing service to collections as I got a physical letter in the mail for it, but I am looking to pay it off now and I seem to have lost the letter. I am having trouble finding the company/website to pay it off. I don't have any credit cards in my name and just have a checking account so credit reports have been wholly unhelpful. What do I do to find the information?

Edit: I'm also wondering if when I open a credit card in the future if this will affect my credit score/can companies see that I had a debt in collections before I even had a credit card...

I need advice on how to pay off my credit card debt ASAP. This is the current breakdown of remaining balance and interest:

Card 1: $6500 at 15% Card 2: $4500 at 16% Card 3: $5500 at 22%

Currently paying $450 a month on each card. What’s the best way to go about this? Would I be able to open a new credit card that offers 0% interest for the first x months and transfer my balances into it? Any advice greatly appreciated :)

2 months ago, I posted how I was 8k in debt.

About a week ago, I paid off the car and all the Credit Cards. At first I struggled to find something to do because I worked my butt off for 2months straight having gazelle focus and eating more Bologna/Pizza than I thought I could. Now it feels so good being debt free.

The awesome part is I only had to pull $2k out of savings to do it, now I only lack $5k to have a fully funded emergency fund. Then I can start investing aggressively in my Roth.

I need to know if this is a legit company ??

I have about 40k all together of “ debt “ I have personal loans, credit cards, affirm ( buy now pay later type things) and lines of credit. Interest rates range between 17% all the way up to 36%. I’ve been following the snowball method but it is a bit tight sometimes as my income varies every two weeks. I make an hourly wage of 14/hr plus tips. Average about 2k every two weeks. Sometimes more, sometimes less. Family of 5 on one income. I was very bad about impulsive shopping or when I was grieving my mother I coped with buying things for that instant serotonin boost. I have since stopped doing so but I’m still finding it difficult to stay motivated. What is it best to put my little extra money to? Affirm? Personal loans? Credit cards? Affirm doesn’t affect my credit unless I miss a payment and I’ve never missed a payment. Last missed payment was in 2021 when we were still getting back on our feet from Covid layoffs in my area. Lmk if you need anymore info. Looking for the best tips to make my dollar work for me in this debt payoff. Thanks for listening and any advice you can offer!

Hey yall I have about $10k in credit card debt and wanted some advice on how to pay it off. I recently enrolled in the hardship program with my credit card company and got them to get my interest rate to 9.9 percent for 6 months but that’s still not enough. I’m in medical school so money is really slow right now. I have no help or support system. For now I’ll just continue paying them $200 a month but with the interest rate I’ll only be paying them about $120. What do I do?

Hello !

My total debt balance is $36k, and this would be paid by 2026 if I stay strict to my payment plan. I keep receiving offers from my bank to take out a personal loan for about $50k. If I am to take out this loan, I do have additional investment that will increase my monthly/yearly revenue which would put me in a better financial situation.

Curious to know what the feedback from you lot would be, as I'm sure this option has pros and cons.

Long story short, I had 4 accounts that ClearOne Advantage has "assisted" with settlement agreements and want to cancel. What they sold me on the phone initially was pretty deceptive to say the least. They significantly under emphasized the credit impact this would have and the monthly payments keep increasing for some reason. After looking into it, much of that money is going towards paying ClearOne for their services and barely any of it is going towards the creditors.

My questions are, could I work with the debt collectors to pay them directly for the settlement agreement? Also, is it possible to cancel my agreement with ClearOne without having to pay off the fees they attached to the last 2 accounts? I have 2 already paid off.

I know this obviously is on me for not doing my homework before agreeing to work through them but they sold me on a "great" deal during a very stressful time.

Their support really sucks so I'm looking for any suggestions before I attempt to try and cancel anything.

Thanks 👍

Hi everyone, A year ago after much of consideration and struggling to pay my credit card debts, I had no other option than attempting to settle my debt which is still better than filing bankruptcy. I’ve tried all those snowball stuff methods, and in my case none of it could help. I signed a contract with national debt relief. I must add, dealing with a ton of other stuff in my personal life, and not having anytime to negotiate many credit cards by myself, I had to trust and hire someone else to do it for me. In the beginning it was going well, they settled three of my cards for me. Every time they would send me a settlement offer they’d tell me this is the best offer I can get and if I don’t accept it there’s no guarantee I’ll get this again or anything better. I accepted all three of them. I understand that it’s at the creditor’s discretion to settle a debt with me or not. But I think they lie when they say the first offer. When I confront them about this they keep on saying things don’t work the way I’m thinking and that they are being truthful. I got sued by two other creditors, one of which I had the largest amount of debt to. Everytime I call and ask what the hell they are doing behind the closed door in the negotiations room, I get no answer and the representatives say they don’t know and they’ll be informed once a settlement has been reached. They just assigned a lawyer to me who sent a response to the court to buy time, which is something that makes me wanna stay with NDR, otherwise I wouldn’t be able to do with legal stuff by my own. I wanna ask for other people’s opinion and experience with a similar situation. I’m looking for real life experiences not gossip and blaming or hatred. Please be considerate and understand this is already an overwhelming and stressful situation for me and anyone else that goes through this.

I just called to cancel my card with them. All of a suddent they can "lower my interest rate for 6 months and wave the fee to accept a credit increase." I understand I was dumb and opened the card but don't get rude when I hold firm in saying I want to cancel. It's funny how some companies won't do anything until you threaten to cancel. I'm going to be more responsible from here on our and that means closing the account.

So, I have about $7500 in total for Federal student loans and $26000 in total for state student loans. The most APR I have is 4.5% for 3 of them and the rest are around 3.6% I think. I pay $80 right now per month for my federal loans and $275 for my state loans. My question is, If I make around $1999 per month (after paying all of my expenses) should I save that money and continue paying just above the minimum for each loan until I have enough saved up to pay it all off, or should I use that extra money to be more aggressive with my payments?

I am just putting this question out there because I have seen many threads where people who have debts to pay off also keep emergency funds in cash.

My take on this: If you are already working and paying off debt, it’s best to put every dollar possible towards the debt, and only borrow if necessary once the emergency happens. I noticed that most doctors and dentist offices already work with installment payment companies anyways. I just don’t see the point of holding onto cash when you have to pay interest on the debt? Why not just pay off the debt and borrow again only when the emergency happens?

Just curious what others think?

Any advice on how to get rid of $12.5k of credit card debt?

I’m not making enough biweekly to pay more than 200-400 a month because I’ve got rent, utilities, car and auto insurance, and grocery payments to make as well.

Looking for any advice on whether I should do debt consolidation and which company would be best. I’ve also tried applying to several different jobs but have not heard back from most of them (job market is really rough right now).

Please no unnecessary rude comments. Genuinely looking for some great advice.

Can anyone recommend a good bankruptcy attorney who won’t charge me an arm and leg in the Columbus Ohio area?

I feel like I have to file bankruptcy now after dealing with Cordova legal group.

I just got a bill for almost $550 for car insurance thru Allstate. I just paid off credit cards and trying to minimize bills. I need to find a new auto insurance carrier for my 2 vehicles. One vehicle is less than 5 years old owe about 30k, other vehicle paid off.

I want to know opinions on services that combines different loans/debt into 1

I have about 12k worth of debt in collections and missed payments due to covid and not working at one point. I am trying to raise my credit. Only thing showing with current payments is my car which has three years left of payments and I have no credit cards. I have limited my spending monthly. Trying to boost my score but unsure if I should pay to delete collections or what? Any suggestions

Had a personal loan due to bad decisions that’s been haunting me for 6 years. It was originally 15k and now after 6 years it was still over 10k. We sold our house and had a little bit of change over and used it to pay it all off in one fell swoop. Feelsgoodman!

Thinking about doing this and paying 475 still and pay it off early. Would this technically be worth it and save me more money?

Started off with 10k in debt now I have 4.5 left. It just feels like it’s never going to end

Guys! I did it. Made a 7k down payment then just today I made a payment for $14,500 to clear the loan! This is my first car. I did have some hemming and hawing about if I should invest or not but I just wanted to get rid of the headache first. With the extra monthly money i’m gonna start saving up again and super excited for the future!

Feels great making progress! Next, my $4,500 balance on my credit card and $1,300 laptop (should be paid off by mid January 😁)

Started this journey about 2 months ago was doing well and then fell back a bit due to some circumstances I couldn’t have planned for but back on track, this card was at $1780 usage about a month ago :)

Anyone have any idea on how to find the indentured Trustee of a corporation to mail 1099c and securities to?

Which habit have you adopted early on that made the biggest difference in staying motivated ? I’m midway in my debt free journey and would love have your advice