Trying to fix my debt

My personal feeling is debt consolidation is the worst trap that you can get into it try to avoid this

Good luck on the debt everyone.

it's hard to fix my debt I ran up as a kid

I completely understand because I have done the same. The amount of debt can be overwhelming but I have found that taking one area of debt at a time is helpful. I am now getting into side hustles to pay down debt.

I desperately need help, I feel like I'm physically drowning

@Haley H.

Take it one step at a time.

1-create a budget so you know what you are spending and how much you can put toward debt
2-prioritize your debt either smallest balance to largest balance or highest interest rate to lowest interest rate
3-try to save a little while you pay down debt, that way you won't go further into debt if you have an emergency
4-start at the top; pay the minimum on every bill except the one at the top; on that bill, pay the minimum plus whatever extra money you can scrape up to attack that debt
5-once you have paid off the one at the top, have a little celebration!
6-then, take EVERY PENNY that you were paying to the first debt and apply it to the next debt on the list; that's the minimum payment PLUS what you were paying on the first debt
7-watch as your debt starts to disappear; slowly at first, but then it will gain momentum

I paid off over $15,000 of debt in three years using this method.

I'm trying to fix my credit that my ex-husband ruined through our divorce.

i just want to find a way to get back on track. as well. checking out the free financial counseling!

Already have two loans in repayment. But I have consumer credit with insane APRs…I'm not excited about the prospect, but I am considering another loan because the interest is nullifying about 1/3 of my payments. I do not trust debt consolidation companies, and would rather take on another loan than have some sketchy company ruin my credit more.

It’s a grind. I honestly think what they can charge for interest is criminal. Like absolute usury.

I been trying to fix my debt any pointers

I was finally getting my credit score back on track & became homeless for a few months & now all my credit card accounts are closed & my credit is $@!#%!

Does anyone follow dave ramsey

I pay everything on time, but only the minimum balance due, so my credit score never goes up. I sell everything I don't need around the house to get a few dollars more to help with payments, but it's not enough. ugh

There's free financial counseling here on SaverLife https://saverlife.typeform.com/to/U8F1c7
Hope this helps:)
Cat

Wow, that's awesome. Thank you for information.

I am slowly but surely depleting my debt. Even a little towards it is better than nothing

I’ve tried 100s of times where I try to dispute my charges that I didn’t do , but still there’s no change.

following

Be consistent with the payments. Try to pay extra when possible, even if its only a few dollars, it will help.

I am currently in a chapter 13. Covid has hit me extremely hard and I am now 4 months behind on my payments. I don't know what to do as they offer no solutions for making less income. They do not care they still want excact payments.

Debt from a divorce