Appreciate any advice. I have 42k in credit card debt. All cards have roughly 15-20% interest. I can’t do balance transfer because I can’t open any more cards.
My net, biweekly pay is 2,000. Monthly Mortgage is 600. $500 monthly student loan payment $150 monthly phone bill.
Should I call the companies and ask if they’ll reduce what I owe or the interest? Take out a 401k loan? Try National Debt Relief? Credit union loan?
I recently told my SO. It went as well as you’d imagine. But not trying to lay out a plan.
EDIT: thanks so much to everyone for taking the time to respond and offer advice. I at least feel like I have a plan and an achievable goal. I’m going to set a strict budget and put at least 2k monthly toward my cards. Appreciate all of you.
Submitted August 21, 2018 at 12:53PM by neymarinNE https://ift.tt/2PrCNpm
