we are being eaten alive by interest charges
Date: Fri, 08/11/2006 - 18:25
We have 30K in consumer debt and 35K in student loan. We are whittling away at consumer debt but in both types of debt we are being eaten alive by interest charges.
Hi angelamjs It's sad enough when most of the income is goin
Hi angelamjs
It's sad enough when most of the income is going towards interests alone. You must get some debt management plan and save valuable money. You can also try a second job as an extra source of income and use that money for paying utilities. It will help in the long run.
An expert from your area will discuss your payment options and offer free budgeting advice. This will also help you in the process of becoming debt free. Meanwhile, read some articles on proper debt free16.