cancel
Showing results for 
Search instead for 
Did you mean: 
Level 6

Featured Discussion: Common Reasons You May Be in Debt

I got my first credit card very young. I had no direction or guidance and with new responsibilities comes brand new consequences. Being older and needing good credit has been a struggle because I now have to answer to those mistakes I made as a young adult.

Level 2

Featured Discussion: Common Reasons You May Be in Debt

I am in debt and can’t get out - it’s so hard. My income wasn’t the greatest until recently and house repairs and purchases sometimes groceries went on credit cards - I took a few loans to pay some off but didn’t budget correctly because I didn’t have enough to live on - it is a horrible cycle and I hope I can get sometime soon.
Level 4

Featured Discussion: Common Reasons You May Be in Debt

Hello everyone!  I made a decision to be debt free at the end of 2018. I made it!  After having been in the hospital 2 times in 2014 with a costs to us of $11,500. and remodeling a house we were really in debt at the cost of $27000. We also had to charge appliances, auto repair, etc. that we just didn't have cash for.  A lot of people do not in this day and age.  I decided this had to stop.  I have always had some sort of budget.  I would put whatever I had left from my check in the back of my checkbook.  I could use this for a much needed mini va-ca.

I really just stopped charging!!!!!  I would pay a small one off and take that money each month and put it towards another one.  I sure did use a lot of money in the last 6 months of 2018.  I started using my SS to help pay them off.  It was hard, I could see other things I wanted to buy, but I didn't.  It was like a heavy burden lifted from me.  I have charged a couple of hundred since. Paying them off as they come in.  Such a relief.  Now, if I keep working and need to buy another car, I will be able to do that.  Hang in there! If I can do it, so can you!!

Level 2

Featured Discussion: Common Reasons You May Be in Debt

I work to pay my bills. I am widowed as of 2014. I was able to get out of debt and had credit cards after my spouse passed away, but once I no longer had roommates I had to pay for everything on my own I realized I had been living out of a reasonable amount of debt. Since then my credit cards and charge cards have all gone to collections. I cannot pay them off because no matter how much I budget I still struggle.
Level 2

Featured Discussion: Common Reasons You May Be in Debt

Not using a budget and not having an emergency fund I am just now starting
Level 3

Featured Discussion: Common Reasons You May Be in Debt

i am not in debt .   Have owned my home free and clear for 25 years. Pay crd card in full monthly.  advise to you .  use common sense

Level 2

Featured Discussion: Common Reasons You May Be in Debt

Don't know why I keep getting rejected
Level 7

Featured Discussion: Common Reasons You May Be in Debt

We cut back bc we HAD to, then we ADAPTED. We were scammed by a “bill consolidation program” (in 2012, with government backing, non-the-less) they took all of our debt & contacts, so for 2 yrs we paid in $10k, thinking they were settling our debt, until the Sheriff came to the door. Our credit scores went from 720 to...I couldn’t even look. Not only did we lose what we paid into it, BUT the scam leaves u unable to afford to do anything about it. We cut up the credit cards, sold our home, paid cash for a foreclosed home that sat for 2 years with the proceeds, set up automatic payment programs with all the accounts in collections, still paying on 1, and did everything we could to scrape by. We never even applied for government assistance, well, bc that was the scam’s end game. The sheriff told us he delivered 5 more notices regarding the same scam that day. When I say, we did everything, I mean sold all our valuables, scrapped metal for groceries, had yard sales & worked hard, 2 jobs each. We’ve worked really hard to rebuild our credit, not having any loans or credit cards actually hurt our number. Our score went down when we paid our vehicle loan off, but I followed Turbo recommendations to build it back up. You asked, how did we cut back & this is our story. Believe me, it’s not easy, but our son has learned the true value of a dollar & every way to save one.
Level 2

Featured Discussion: Common Reasons You May Be in Debt

Am i able to file bankruptcy by chance?
Level 2

Featured Discussion: Common Reasons You May Be in Debt

I’m older now and see clearly that getting in debt is Devils claws that keep you from living a better life. Stuff will not make you happy. Debt free will.