- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 12/9/08 at 1:07 pm to BeastmodeTiger
What I did is I opened a new account that had 0% on the life of the balance transfer, so you pay the principle only and no interest. This was a few years back, so don't know if credit cards companies still do this. I had about the same in credit card debt and didn't make no where near what you make.
Posted on 12/9/08 at 2:01 pm to Weaver
It's difficult and it takes a long time. I would suggest, time permitting, getting another job. I would try to wait tables or something. You have got to pay that down though. The CC might be willing to negotiate down to recoup their money if you have been a good customer (no late payments, missed payments etc..). I wouldn't recommend selling you car unless it's a dire emergency. I would just basically curb your spending to allow for an extra 200-300 to go towards that every month. If you are able to negotiate a lower rate from the CC then that would be a good start on your way.
Posted on 12/9/08 at 2:05 pm to Geauxld Finger
Go do some manual labor for hire for 5 or 6 weekends. You can probably get a lot of cash that way if you are smart.
Posted on 12/9/08 at 5:16 pm to Tiger JJ
What skills do you have? Computer or Maybe home skills like painting, carpentry etc
Point is if you have some skills you can make good side money faster than getting a second job and you will control your own time
Point is if you have some skills you can make good side money faster than getting a second job and you will control your own time
Posted on 12/9/08 at 6:37 pm to BeastmodeTiger
assuming 16% interest and 400 per month, it would take you about 2.5 years to pay it off with no additional charges (big if)
Each 20 you add to the monthly payment would shorten the length of payoff about 1 month, so even small reductions in nonessential expenses will gradually reduce the length of time you have to carry the debt.
Suggestion: if you pay it off, begin to put the same amount into savings.
Each 20 you add to the monthly payment would shorten the length of payoff about 1 month, so even small reductions in nonessential expenses will gradually reduce the length of time you have to carry the debt.
Suggestion: if you pay it off, begin to put the same amount into savings.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News