I have around 5,000 dollars in credit card debt. I had used credit cards to pay off medical bills before they went into collections as well as some college. Im paying the minimum each month but I just feel like I will never pay it down. Would a debt consolidation be a smart choice for me? I'm considering applying for a personal loan from my credit union to help pay it off. Just feeling pretty overwhelmed.
Edit: Im bringing home around 1,600 a month. My half of the bills adds up to around 1200 (including gas and groceries) None of my cards have an annual fee and APR is around 23% I'm not as educated as I would like to be about my finances, these credit cards were a mistake. Im trying to be smarter about my finances.
Submitted March 05, 2018 at 02:43AM by starlordsmother http://ift.tt/2oIqjhf
