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All i want for x-mas...
14 years ago
Is to catch up on my loans. ;__; That's actually a genuine statement. Since being laid off i've managed to keep ourselves afloat and continue to pay current and important bills through contract work but it's not exactly consistent enough to catch up on older loans i owed. My credit score is dying and i shuffled through everything i owe (NOT including medical) and it's peaked at 7 grand. I've...never been in this much debt before. O__O My old boss went through with some credit consolidators and she absolutely regrets it. I'm NOT asking for donations...just advice? I'm going to attempt to get back into school and hope that a better education might help strike a better paying and consistent job (while i search for one of those anyways.) Also, i'll be posting Furbuy pieces like crazy in the next few weeks and hopefully chip away at making myself current. WISH ME LUCK!!!!
from what i hear you should pay off your smallest debt first and then put whatever money you were going to put on that debt onto your next smallest debt and when thats paid off put all the money you were going to put on that debt onto the NEXT debt and so on and so on that way as your paying off the smaller debts you'll be able to pay more and more on the bigger ones
Ex: lowest debt is 500 dollars and your paying $20 a month on it and ur next lowest is $1500 and your paying $10 a month on it after you've payed off the 500 debt you would take that $20 and add it onto the payments your making to the next debt so your paying $30 on the $1500 debt and then when that debt was paid off you take that $30 and add it onto whatever your paying on your next smallest debt and so on and so on
make sense? :3
Gonna snatch that advice from PaperDragon though. Sounds like good advice to me. I get in this mentality where EVERYTHING MUST BE PAID OFF AT ONCE IN ONE GO! It's a fair reminder that not all debts can be paid off at once. ;__;