i am and E-4 in the USN. i have a credit card payment, car payment, and a personal loan from my bank all in all equaling about 500 a month. all this on top of my regular bills. all of this i can normally handle however with in the last 3 weeks we have been in 3 car accidents. this we cannot afford and even though i just got paid i am completely out of money due to the deductibles.
is there any way that i can reduce some of this debt and/or find something to help with these 3 insurance deductibles?
Thanks for your service in the Navy.
Three car accidents? Either you are unlucky or something else has led to these accidents. What’s going on?
If you’ve done a good job with making your payments on time and just need a low interest loan you should look at LendingClub.com. If you decide to go with them let me know what your loan number is and I’ll help to fund it.
Normally LendingClub.com is a debt consolidation loan lender but it would work in your situation as well. You’ll need a credit score above 700 to get a better rate.
Alternatively you could try to get an interest free loan through the Navy-Marine Corps Relief Society. I’d actually try that first.
Please post your responses and follow-up messages to me on this in the comments section below.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.