I have 6 credit cards. One of which I am over the limit by about $500 because I didn’t read the fine print and ended up with a $900 interest fee. Between all six cards I am currently in over $20k in debt.
I make $46k a year and still going to school which I use student loans to pay. I am able to make each payments, but not as much as I would like to really pay down my debt. I feel like my 20k debt is excessive and I work non-stop to pay off my bills. I feel like I’m not living my life. My fixed expenses total to approximately $1250 a month. I bring home approximately $2800 a month.
I’m considering debt consolidation, but I am not sure if that is the right path for me. Is this something I should do to breathe a little easier each month?
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.I Can Make My Monthly Payments But Can't Breathe. - Jas by Steve Rhode