23K on credit card debt. I am retired and do not make enough to pay these credit card bills any longer.
I let my daughter be an authorized user on 2 credit cards. She and her husband both lost their jobs and just recently broke up. I have been able to make the minimum payments for over 6 months, but have just about ran out of savings which I have used for this.
My income is $1397 per month on Social Security Diasbility). The credit card payments are $375 per month. I can make ends meet with this but it is soooo difficult. I don’t want to go bankrupt because I do have joint ownership on some property with my husband.
We live separately (for over 6 years). My name is on both of our homes, along with his. We don’t divorce because of the children. I am 62years old. If I continue to pay the minimum payments on the Credit cards that my daughter ran up (I never used them) it will take 44 years to pay them off. I have another daughter who can lend me $10,000 If I can settle with the credit card companies.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.My Daughter Was an Authorized User and Ran Up My Debt. I Have Cash to Settle. - Sharon by Steve Rhode