#debt

Apartment sent to debt collectors

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Apartment sent to debt collectors Hi all! Need advice on how to deal with this as this is a bit of shock. Just received an email from a debt collectors agency saying I owe them $1,500 from the apartment complex I moved out of. The complex has never made any attempt to communicate with me, never sent me a bill of move out charges or got in contact with me in any way after I left …

Reddit Personal Finance 854 2024-12-21

I’m 23 and drowning in over $75k in debt

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I’m 23 and drowning in over $75k in debt I don’t know what to do anymore. I work 2 jobs. One job is $20 an hour and about 30 hours a week. The other job is $20.85 an hour for 23 hours a week graveyard. I do DoorDash when I have any spare time. I work everyday and don’t have any days off. I’m back living at home. I don’t have to pay rent since I don’t have a room. I was without a job fo…

Reddit Personal Finance 1.1k 2024-12-20

Is 50K debt worth going to an ivy league school over state school?

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Is 50K debt worth going to an ivy league school over state school? I got into Brown ED, but my financial aid package was more than I expected. If I factor in the amount of money I’ve saved, scholarship aid Brown provided, work study, and subsidized loans, it’s about 12K ish per year I have to take in private loans. I think my parents might help pay a bit of it, so it might be 7K ish per year in private loans. E…

Reddit Personal Finance 377 2024-12-19

How should I deal with my debt? I am financially illiterate and feel stuck.

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How should I deal with my debt? I am financially illiterate and feel stuck. Throwaway account. 29, stable job making $125k/yr, plus monthly VA benefits (Currently only $175/mo, but will be up to $1k soon I hope once I get my pending claims approved). Made a lot of stupid mistakes when I was younger that just spiraled out of control and piled up. Never late on any payments so I know I can get out of this cycle, I just do…

Reddit Personal Finance 1.1k 2024-12-19

18k -> 10k in debt. Looking Forward

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18k -> 10k in debt. Looking Forward Without going into too much detail, I had a very rough year in 2023 and accrued 18k in CC debt. Nothing noble or necessary like medical bills, just my own stupidity. Probably around Spring of this year I woke the fuck up and started getting a handle on my finances. Traded my car for a much more affordable one, cut my rent by getting a roommate, …

Reddit Personal Finance 900 2024-12-19

Stressing over my CC debt

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Stressing over my CC debt I’m in my mid-20’s, moved back home to pay my CC debt AND go back to school for nursing. I have $6K in CC debt and my income is about $2,000 a month. I am taking two classes this coming Spring which caused my goal of paying off my CC debt by June/July next year. It pushed it to the end of next year which makes me so stressed. I know it doesn’t s…

Reddit Personal Finance 599 2024-12-19

My Parents Want Help With Their Debt

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My Parents Want Help With Their Debt My parents (60s) are substantially in debt (Roughly $250K) with no retirement savings. Their income is about $170K a year with the majority ($120K) coming from my father. He had a heart attack last year, but is back to work. I am concerned that he is working himself to death over this debt. They have had substantial debt my whole life, with thei…

Reddit Personal Finance 737 2024-12-18

Paying off small debt

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Paying off small debt I feel like this may be a dumb question, but I have a credit card debt of 5k. No other debts. 30k in savings. Pay it off right? submitted by /u/heysambo1

Reddit Personal Finance 680 2024-12-18

This is where I’m at- trying to get on top of my debt.

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This is where I’m at- trying to get on top of my debt. Okay, I am 29yo trying to get my financial life on track. I have a full time and a part time job to try to get myself on track. Both jobs are biweekly paying. The full time is roughly $1650 twice a month (not including any overtime, which happens a lot) The part time is aprox $450 twice a month. I rent my apartment for $1575 a month, utilitie…

Reddit Personal Finance 512 2024-12-18

14 K debt (not mine) on my credit report- who do I go after?

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14 K debt (not mine) on my credit report- who do I go after? My identity was stolen in 2022 by a woman in another state I’ve never been to. I found out by credit alert when she tried to take out a personal loan, and I intercepted the application when they pulled my credit. I locked all my reports. Police won’t pursue because she hadn’t yet stolen anything from me. I thought I was done with her. Last month…

Reddit Personal Finance 417 2024-12-17

Better to take 24 month no interest debt consolidation loan, or use a no interest balance transfer credit card to pay off $11,000 of credit card debt across 2 cards?

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Better to take 24 month no interest debt consolidation loan, or use a no interest balance transfer credit card to pay off $11,000 of credit card debt across 2 cards? I have $11,000 of debt across 2 credit cards. The interest is making it impossible to get ahead. I’m paying $250/month on each. Is it better to take out a no interest for 24 months loan or use a no interest balance transfer card? submitted by /u/ThrowRAglowinthedark

Reddit Personal Finance 986 2024-12-17

Can’t pay off medical debt

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Can’t pay off medical debt Hello all, I’ve recently had heart surgery. I was born with a rare condition and needed it at age 25 for my own safety, I was susceptible to SCD (Sudden Cardiac Death). I kinda got messed up all throughout the process, but that aside, I now have two bills for $94K and $54K. I have health insurance, but it doesn’t look like they paid towards any …

Reddit Personal Finance 406 2024-12-17

Help!! If I pay off all my debt, will my credit score get better?

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Help!! If I pay off all my debt, will my credit score get better? I’m 20 and lived alone for a bit but I struggled to pay my bills. I owe a few thousand for house bills and my phone bill together. I also owe a few thousand for ambulance bills and they are now saying basically saying I have a deadline. My dad contacted a really good tax person and he said I actually should be getting 5 thousand in my bank acco…

Reddit Personal Finance 575 2024-12-17

Is hiring debt relief company worth it for me.

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Is hiring debt relief company worth it for me. Me: 25k in debt, mostly credit cards with a small 4000 ish personal loan. Car is paid off and I make 75k a year. Seems like I am just barely getting by making the minimums and it’s hard to see getting out. Do these debt relief companies really help? Do you have one you recommend? submitted by /u/DeepTides7

Reddit Personal Finance 583 2024-12-17

32 financial crisis, how should I pay off my debt

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32 financial crisis, how should I pay off my debt I’m 32 starting September this year, my yearly salary is about $20000, and I’ve spent my last decade making myself in a debt of about $30000 in credit card. Also, I’ve diagnosed with T2DM last year, and this eats up my money too (medicine, fitness equipment, and better food). I’m so depressed and I have no idea where to begin with my personal bu…

Reddit Personal Finance 886 2024-12-17