23, poor af, community college, send help
So I recently got a job at Lockheed Martin. They want me to finish my electrical engineering degree before putting me on any client jobs, which is more than understandable, so I dont really have any income from them. The problem is that school has left me ~$14,000 in debt, normally this wouldnt be an issue because of student loans, but my bank (and all I've looked into) dont offer student loans for students attending 2 year colleges. Here's the real problem: My first account of borrowing for school was when I went to a program through my community college at PSU for a nanotechnology degree. Here I borrowed ~$6,000. My banker told me to put it on my credit card (I know, red flag) so that I could come in at a later time and not borrow more than I need; A big fuck no went off in my head, but I'd been banking with him through my adolescence - present and didn't think he would do me wrong, also my dad went to the bank with me and he wasn't really phased.
After placing that and my next semester on my credit card I went in to transfer my debt to a loan. Well, even after having an appropriate income, a good credit score (~750) and working with them for the entirety of my life, they denied me a personal loan due to "not enough credit history". At this point my banker that I trusted gave me some sketchy af options, so I dont think I'll be working with him again. So basically I need a way to keep my head above water until I start working on client jobs in a year. I'm working part time to pay bills, but my finances are staying stagnant. I dont care if I rack up $100,000 in debt, I just really need help getting it off my cc. Thanks for helping, it means more than you think
For anyone who is interested in the options my banker told me
- Get new credit card with 0%APR and roll credit onto that, rinse and repeat until I start my job
- Shop around
- Get fucked an die (Obviously he didnt say this, but thats how it felt)
Submitted September 26, 2018 at 09:13AM by Helpiminpainbeepboop https://ift.tt/2OS0AOz
