hi PF! im a canadian who moved out young (17) and have now found myself with my debts catching up.
i have 2 credit cards, TD VISA at 15% interest with $4,450 and a PC Mastercard is $1,888 at 19.99%. i make about 24k (hourly + commission) a year but i pay 9k in rent and $2,400 in car insurance. my credit score is 679. my minimum payments are slowing going up on my CC (visa is $77 mastercard is $50) and i feel like im just treading water. i have looked into consolidation loans at about 5%-8% with my TD bank.
my question is do i consolidate on a loan or do i get a second job and use that to pay off my CC? (also, second job requires my vehicle so i can't give it up for the sake of saving $) i am not against it but i'm certainly looking to get the best rates for myself. any advice would be great!
Submitted August 19, 2018 at 10:51AM by tarais https://ift.tt/2MkCRcF
