I made more money than your GF but it took close to a year. Just a commitment. I got rid of all my CCs and now going with a Charge Card (see my thread). I never got into any trouble though and maintained great payment history even in a mountain of debt.
I think the lowest my score got was around 670. Now that I paid it all off its 776. I'm only 27 too. It can be done. Main thing is changing spending habits.
quote: Your parents had $175,000 in credit card debt? I'm calling bull shite there Donald Trump Jr.
That's a lot of debt, but at one time, when I was completely immature and stupid, I had access to over $140,000 worth of credit lines from credit cards alone. And I wasn't making 1/3 of what I am making today.
try to work the debts on your own, dont get on a consumer conseling program because once you do it reflects on your credit report just like a bankruptcy. just call the collection agencys and work out a repayment plan. depending on the creditor, if you just avoid them, they could file a judgement against you later on.
Aristo LSU Fan Baton Rouge Member since Jan 2007 2968 posts
re: Debt Consolidation in BR?(Posted by Aristo on 12/10/12 at 11:02 pm to Modern)
Pay the minimum on the two highest and pay as much as possible on the lowest until it's paid off. Then move to the next one. Dave Ramsey's debt snowball. I paid off over 30k in just over two years using his method.