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 6272 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.