I have 10 credit cards totaling around $40,000. My minimum payments each month are about $1000. After paying minimums, I barely have any money left over. I do not want to file bankruptcy because I currently live with my mom and she said she will disown me if I ever got into credit card debt. (She has no idea about my situation) However, my friend was in the same situation as me and said bankruptcy was the best option. (Within a couple years, her credit score is in the 700's and she no longer stresses about money) What options do I have besides filing for bankruptcy? I read about debt consolidation/settlement but I heard negative things about that. Such as bad credit score, they take your money and not pay the creditors, it's a scam, etc.
Submitted May 23, 2021 at 12:46AM by xBrittany87x https://ift.tt/3vcOwMV
