I’m 24 with a 430 credit score. I have about $6500 in collections (mostly hospital bills, the rest are phone bills/cable bills family put in my name when I was 18 and then abandoned) and a recent $2500 defaulted student loan. I have been scraping by my entire working life and have no clue how to fix any of this. I will admit I haven’t been responsible with payments on things I personally owe. I know this is a sad excuse but I raised myself and I don’t fully understand how credit and debt works, I’ve never been taught financial responsibility and I have a hard time doing more than basic survival (rent, food, utilities) I have made a mess of my finances and I’m too embarrassed to ask friends and my s/o for help. My utility bills are backed up about 3 months($500 total) due to high bills because my apartment is not insulated, so I have to have heat and electricity running high at all times to stay warm and I had a medical emergency and had to live on nothing for a while due to it and couldn’t make adequate payments, so it’s piled up. any advice on how to rebuild my credit and tackle these debts? I’m so anxious and overwhelmed. I currently work full time and make around 23-24k a year, rent an apartment and don’t own a car.
Submitted January 28, 2019 at 12:05PM by Poorhees http://bit.ly/2SfL1Fe
