I’ve been drowning in debt for a few years. I just keep having financial emergency after financial emergency and I’ve never been able to catch up. I just got home from the hospital yesterday after having my second child, and I don’t have the money to pay for rent this month.
I have about $9k in credit card debt and incredibly high interest rates. 100% of my available credit is being used. I also work as a car salesman and business has been slow to start the year. Because of that, we’ve been living paycheck to paycheck and floating checks for months and holding our breath I get paid in time so they don’t bounce.
I’m the sole provider and my wife is a stay at home mom. I don’t know how I’m gonna pay my rent this month. In a last bid of desperation I applied for a couple of personal loans just to get enough for rent, but was turned down on SoFi and Prosper.
Does anyone have any advice? Is there anything I can do to get cash now? The reason for my loan declines is because I have medical bills on collections and my score is too low (620 or so).
On a whim I found this sub and I’m hoping at least one person here can help me out. Thanks in advance
EDIT: Income and Expenses. I live in the California Bay Area. I make around $70k per year. I don’t spend any money frivolously. Rent is $2,100, medical insurance is $1,200 per month and then we have 1 car payment of $300 the usual bills (gas, water, credit card bills, etc.) I know the medical insurance kills me the most. I have no idea why I pay that much for a family 3 (4 as of two days ago).
Submitted May 03, 2019 at 08:03PM by UltraSeries http://bit.ly/2VenQNR
