For the past 7 years I worked managing a local law firm in Texas making about 40K annually. I’m 25 and got no savings and a few debts:
$3500 student loan debt $7800 in credit card debt $4000 personal loan debt
I️ own my truck outright. Valued by KBB at $2700 but it’s very well kept and I could probably get about $7000 for it. Aside from that I own a couple very nice guns totaling about $4000. Other than that I don’t own anything else and currently live at home so that helps tremendously.
In May I️ started a new position as an Agent with New York Life. 100% commission based which takes some getting use to, but when I produce its worth the struggle. I am kind of in a bind because my credit score isn’t the best and I’d like to be able to get a loan to pay off all my debt and just pay that one loan, but that doesn’t seem likely considering my credit history. My parents always told me to “take care of my credit” but never really mentioned how to go about that.
I’m looking for some assistance or tips of any kind that could help me out. My goal is to try and pay off all my debt by May of 2018, but if I can manage to just pay it off by the end of the year that would be great too.
Thanks in advance!
Submitted November 16, 2017 at 06:08AM by restless_corpse http://ift.tt/2yN0AY5