Debt consolidation with Beyond Finance, experiences? Total scam? I’m neck deep in credit card and loan debt. I’m looking for some personal experiences with debt consolidation companies like Beyond Finance that claim to lower your debt with your creditors. Representative on the phone said I would need to stop payment on all creditors for their system to work. That sounds like a horrible idea… Anyone have exp…

I am contemplating taking out a home equity loan to gain control of my debt. Greetings PersonalFinance, This is my first post here and I took a few minutes to look over the wiki/new member information and didn’t see anything super obvious regarding home equity loans. I had lost my primary source of income during the pandemic, and was never able to obtain unemployment with the way Kentucky handled their unemployment durin…

I asked a debt collector for proof of debt and that they own it – all I got was… Am I asking for too much, I don’t know what I expected, but all it is is like 4 lines of text they typed up, including “creditor to whom the debt is owed : xyz” I haven’t ever done this before but I’ll be honest I expected more, like a bill of sale or something to show they actually owned it lol, is that all I get, 4 lines of text as proof of o…

401k contributions while paying off high interest debt? My employer doesn’t match 401k contributions until after 1 year of working there. Should I postpone 401k contributions to focus on paying off debt? Once I meet the one year mark then contribute up to the match until I’m out of high interest debt? submitted by /u/No_Skill424

Pence Campaign Struggles With Debt and Dwindling Cash Reserves Mike Pence has still not resolved some of the contradictions at the core of his candidacy, and his campaign has struggled with financial problems, including running up a debt of $620,000.

Depression ruined my life and now I’m in debt, any advice appreciated I hope y’all can be at least somewhat gentle with me in your replies after hearing my story. I know it’s my own fault I’m in this position and I beat myself up about it everyday. Anyway, a little backstory is that I have severe depression that’s been classified as treatment resistant. Basically means they hadn’t been able to find any medication…

Stressful debt, reasonable income, and everything else we have…10 years to clear? Spouse and I are mid-career adults and not good at finances. I’m looking for any suggestions or projections on how we make it out of this. By my calculations, it looks like at least 10 years at our current pace IF we do not change our lifestyle in either direction. We built up a large CC debt and are paying it back slowly. We took a large loan f…

USA/CA – I think my mom is being scammed by a debt collector. How do we verify legitimacy? I recently took over my mom’s finances and noticed a strange debt collection email she gets every month. A debt collector agency emails my mom every month asking her if they can “process payment”. My mom usually replies with “Yes” and they deduct money from her bank account. In the past, if my mom didn’t have enough money that month, they’d jus…

deceased daughters debt I 52f lost my daughter 23f a month ago. I just found out a few days ago that she had $6k in credit card debt that I wasn’t involved with. She recently got a letter from a debt collection agency saying she owed $7k to PayPal, that I have no knowledge of. It looks like she disputed the debt right before she passed away and this is the debt verific…

Drowning in Debt because of commute to work I was fired from last job in November and used my savings and my cards to pay my bills. I filed for unemployment but did not get any help. Fast forward to January and I got a job in a different city which I moved to but the only place that was cheap was 40 miles away from the office and they don’t offer remote. The pay is only 18 and I get 2300 …

26, about 10k in debt. Trying to fix things up. I’ve got about 6 credit cards in my name, and pay about $400 a month on them. 4 capital one cards, a Best Buy card (with no interest if paid in 12 months), and a Sally’s card which honestly I didn’t need to open. Made some bad decisions. Right now I’ve just been focusing on paying off the BB card since it doesn’t have interest at the moment, and…

I’m one month away from paying off my debt Next month will be my final payment of £424, wiping a total debt of £4,920.24. I stated paying from the beginning of this year and it’s been a tough slog each month. I turn 30 in January and I couldn’t bear to bring the debt accumulated in my 20s into my 30s. I used a debt management plan (StepChange) to help me with it and I can say I definitel…

Review my (Big Fail) Website. Got into debt over it, felling scammed and being called a scam! Hope to lean something from this littlefelis.com I launched with a Facebook ad. It got good cost per click, there was 50+ people in my store. 0 sales, I thought the site may be the problem so I stoped the ad. I knew it didn’t looked amazing but I don’t have any money to hire freelancers to help. I thought it would be ok enough to get a few sales, so then I could aford to consu…

Will i be in debt or trouble? So i got paid my first paper check and wanted to mobile deposit into my bank. Its said it would take 8 days and so i called my bank to see if they could rush it and then said no. I asked is there another way to get it sooner and they said cash it now and it will cancel the mobile deposit. Thats what i did and now i just got half of the mobile de…

Need Help with Finances and Options – lots of debt, not much income Not sure if this is the right reddit but I need some advice. 25 yrs old Rent is 1k/mo Have a job but income is inconsistent – 2100 guaranteed per month, commission based (this has slowed down the last couple months but has begun speeding up Have about 28k in personal debt – 4 months behind on payments – payments about $800/mo Have 20k car loan 5…

Is it a poor idea to return to school (at no cost to myself) to get a 4 year degree while being in a moderately sized amount of debt? TLDR; I have around 35k$ in credit card debt and loans, been on time with payments but really only at the minimum as it’s all I can afford. I’m trying to go back to college on a few grants I know I have access to which would make it free, while working part time to manage my debts. Is this stupid? Context: I am 25 and was in a good spot financia…

Impending debt- mortgage looking for non-biased financial perspectives- since I am emotionally attached. I am currently in court with the landlord/sellers of my house. Due to breach of our Option Agreement. Original purchase price is $330k and a down payment of $50k. Long story short they tried to withdraw from the contract, I sued them , we have trial this next Feb -a…

Credit card debt is making me feel trapped I can’t seem to get ahead of it. I have a good paying job but I’m not happy where I’m located and my job, etc, and my credit card debt has me trapped here and in this job. I make about $160k, and have about $21k in credit card debt. I have a car payment that is also high because of some “fancy financial footwork” on a previous vehicle I wanted b…

I’m going to be debt free in 6 months. Where should I start putting the $500/mo I’m currently using to pay of debt? I have a 401k with my employer and I currently maxing the 2% match. Should i just dump the money in there? submitted by /u/Chubbs_McDubbs

Country Garden, Chinese Real Estate Giant, to Miss Debt Payments The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis.