Is it stupid to pay off 1800 in debt if I only have 6 grand in the bank? It’s my true line of credit though that is negative 1800. I want to pay it off but only have 6k in my bank. I make a little over 4k a month after taxes. I owe 7k on my college loan and 4k on credit cards plus this 1800 on my true line of credit. I want to pay off my credit cards immediately after. Or should I keep my usage at 30%? I’ve never edu…

Should I pay off debt with investment money before purchasing a property? I currently have around $165,000 of debt including mortgage, credit cards, car payments etc. I also have around $70,000 invested (not including 401k’s, IRA’s etc) this is basically money that I have to “play around with” in the stock market. My question is should I use that $70,000 to pay down my debt before trying to purchase a property to incr…

$968 Debt to Radius Global Solutions I have a debt appearing on my credit karma from radius global solutions… I am not aware of this collection and cannot find a website for this company. Is anyone familiar which this company? submitted by /u/ResidencyBanana

Pay off debt or get newer car. Looking for a second opinion. Graduated may 2023, RN making 47/hr currently, with unlimited OT at time-and-half. Graduated with 47k in loans, the 22k in private are payed off. 25k in federal left 12,400 4.3-4.7%, 7100, 3.5%, 6150 2.5% all fixed rates. I have 12.5k in saving. Zero CC debt. Also have a older 2002 saturn, 180k miles and decently ma…

How to pay off debt and keep up on bills? It seems like I either have enough money to pay bills or pay my debt, what should I do? submitted by /u/ben247365

Is my plan for debt payoff sound? Hi all, I have a debt payoff strategy in place and would love to hear some outside opinions. Here’s my situation. Income: recently received a raise to $54k/yr salary. I expect my net to be $3,198/mo or $1,599 biweekly. I have a 2% salary bonus and profit sharing every six months. I just had my evaluation for mid year. Wasn’t so good on the busin…

Starting new job and need help figuring out how to best pay off debt Hi, I’m (23f) recent college grad and I’m starting a new job in 2 weeks. I’ll be making 65k annually, this is the most $ I’ve made in my life and I’m super proud and excited. I’ve been working on financial literacy and I have ways to go but I understand the value in making my money work for me. I have student loans ($12k) that I’m required to s…

Debt collectors pursuing $173 collection debt my husband had and paid off over 13 years ago… What can we do? We have a letter from the company the collection was with stating is was paid off and this happened and was paid off before I even met him. Every few months the debt seems to be sold and us and anyone linked to him gets harassed for a new company “trying to serve papers” to collect a debt. I’m honestly sick of it and have talked through it with …

In Credit Debt, should i get a loan? Alright, so basically like the title says. I kinda owe a lot of money on my card. When i signed up for this credit card (my first and only) i didn’t realize the interest was so insane. Leaving me interests charges that are also insane and a monthly payment that’s more than my car!! I’ve always made on time payments and i used to pay way over my …

23 Y/O – Looking for insight about taking on debt Hello, I recently completed my BA in December, and for a while now haven’t really seen myself going anywhere other than law school. But now I’m starting to reconsider if it would make financial sense to take on that much debt, or if I would be better off doing getting a paralegal certificate or something like that. I’m currently working as a con…

Having a Partner With Long Term Medical School Debt Having a Partner with Long Term Medical School Loans Hi everyone, me and my partner both just graduated college, I’m now working (85k/year) and she will be attending medical school. One thing that stresses me out financially is the loans she’s going to need to take on for med school. She’s looking at about $70k taken out in loans per year, and t…

Making sure I’m not missing something with getting credit debt down I have a card that can do a balance transfer and cut my other card balance in about half. Option a.) 0% interest for 8 months, then 27% after that (this is still 2% less than my current card) Option b.) 0.99% interest for 15 months, then 27% after that. I know 0% sounds better, but I’m thinking OPTION B because it’s a lower rate for longer. Th…

I requested debt validation from a debt collector. Now the original creditor says they sent it to collections in error? Please advise. Background: A few years ago, around 2021-2022, I fell on hard times at work, and took out a personal loan from Happy Money to help give me a boost and get by. After several months, the hard times continued, and I missed a few payments on the loan. The loan company eventually struck up a deal with me to close the loan as “charged-off,” but I woul…

Father passed away. Need helping with handling medical debt. Hi everyone. My father recently passed away. He was first admitted to the ER and then stayed in the hospital the entire week where they did many tests, scans, blood work, intubation, etc on him. Unfortunately, he did not make it. I am worried about the mountain of medical bills that are headed our way. We live in NJ. He was on medicare and they …

$15k in debt and trying to pay it off, need advice! Hello all! I am 26 years old and am currently in debt about $15k. About $9k of that is Credit Cards (irresponsible spending habits that I am currently working towards changing, starting with getting rid of all my physical cards and removing them from digital wallets), and the remaining is my car payment which I have about 6k left on. I work ful…

Should I pay off my 3.5k total debt and where should I be putting my savings? I have really good credit and very little debt, but don’t make great money. Credit score is about 820, total debt is about 3.5k and I have 14k saved with a goal to get to 20 by the end of the year. I only make 21.50 hourly with my full-time job, but have a side gig that brings in about $850/mo and have another 1k/mo stipend from a family friend….

How should I manage my debt while investing sufficiently? Age: late 20s (single) Monthly after tax income: $7.5k Monthly Rent, utilities and other expenses: $3k Accumulated Debt: $180k at 6% (refinanced recently) Savings: 30k in hysa at 5% Current payment plan for debt on forbearance, first payment due after 6 months @ $3.5k monthly for 5 years. My first paycheck is due next week. I’m wondering how I s…

How to pay off my collections debt Hello everyone, I am almost 34 and trying to get my life together. I had a really tough year when the pandemic hit, got broken up with, had to move out on my own, got layed off from work and developed a drug addictoon. I’m good and clean now but fast forward a few years later I owe almost $18,000 to collections agencies and have a credit score o…

Debt collection over a $50 medical bill I paid for almost a year ago? “This is Unifin a debt collector” Hello! I’m in kind of a pickle here. Today I recieved a text from an Atlanta area code (I have never lived in Atlanta or Georgia) that said “This in Unifin a debt collector” with a ref #. They did not address me by name but had a link and a “text STOP to end” message or smth like it. I thought it was a scam text so I blocked the number. I got a…

Europe’s biggest debt-collector has a debt problem Intrum gets into hot water with its creditors