Throwaway for embarrassment)
Reddit, I’ve screwed up.
I foolishly spent money that wasn’t mine, using credit cards for nearly 4 years, and now I’m not able to meet the payments in time because of my negligence.
Combined with all credit cards, I owe 3 banks, 22,120 and I’m months behind on payments, and no matter what I do, they balance does not seem to change.
Bank of America:
CC1: $2,963.21 at 23% APR
CC2: 6,476.50 at 23% APR
Chase:
CC1: 7,516 at 22% APR
Avant: Loan: 6,000 (with 3k paid off at 11%APR)
The remaining amount is from having negative balance on checking acct
I’m months behind on the credit cards, but doing ok as far as keeping up with payments with Avant.
My monthly expenses lowered since I moved from Chicago, back to my parents’ house in NC. Rent-wise.
I make 15/hr as IT Support Desk Technician.
I do have a car I’m paying for, currently have 10k left and making monthly payments to that as well, 400 to be exact.
I’ve tried to see if I qualify for Debt Consolidation Loans, but my credit score is so bad, I was rejected immediately, I’m currently at 510.
I just need some help on what steps to take, if any.
I don’t want to do Bankruptcy, unless it’s my only option.
Hope this helps, I’ll provide more info if required by any of you.
Submitted January 10, 2018 at 12:01PM by Throwawayhelp_pls2 http://ift.tt/2CZgALP
