Okay so first of all, I’m dumb.
[24]f and I pretty much grew up without parents, raised myself, got quarters out of a jar to ride my bike up to the store for food etc.
My mother filed for bankruptcy, my dad didn’t help with any financial expenses for me but has 20K in credit card debt himself and doesn’t really understand/has never spoken to me about finances.
I paid for college myself (30K student loan debt) and while working a part time job and taking 18 hrs a semester I couldn’t make ends meet, so I took out credit cards.
Wracked up 5K of debt, my aunt and uncle helped me get a low interest loan for 5K to get rid of all debt at 20. I wracked up the debt again by 21 and graduation.
Now I have a credit score of 550. I’ve paid down 2K of the personal loan, and can sometimes manage more than the min payment for my 4 credit cards but sometimes it’s only the minimum payment, depending on what I can afford that month. I pay on my student loans almost every month but have used around 6 months of forbearance in the past 3 years.
Rent is $550 (I can’t live at home. Like physically my parents will not allow it because I’m and “adult now” and i haven’t lived at home since i was 17. Not a bad kid, just not very understanding parental figures.)
I get paid $16.77 an hour + about ~ $200 a paycheck in overtime.
I don’t know what to do. I feel like I’m drowning. Sometimes I miss payments on one card so i can make sure to make the minimum payment on another.
I’ve really fucked up. I haven’t used the cards in over a year and they’re slowly going down, but so is my credit score.
I have a savings of around $300.
Please help me. This is enough to make it impossible to sleep every night. I don’t have any help and I’m not sure how to fix things or where to go from here.
TL;DR I got into 5 K of credit card debt, paid it off with a low interest personal loan, then wracked it up again. Please help.
Submitted November 11, 2018 at 02:20AM by HelpPlsThxUgh https://ift.tt/2DcrrSm
