I know there is still time to fix my problems

Date: Thu, 02/15/2007 - 09:04

Submitted by jason.patrick.rice
on Thu, 02/15/2007 - 09:04

Posts: 3 Credits: [Donate]

Total Replies: 2

I am 19 now, at age 18 i racked up some credit card debts from Chase and Capital One (which i always paid on time), got a contract with Alltel wireless (which was always paid on time), and a small loan from a local State Finance (which is always payed on time too). Everything was going well, i had a part time job, i was going to college, and then one morning in september i got in a car wreck, i wasnt seriously injured, just had back problems and physical therapy sucked!

i had to quit my job because i had therapy 4 times a week, and still wanted to go to school... so naturally i quit my job thinking my parents would help... they couldnt...

i couldnt make payments on anything... the insurance company still hasnt settled after 5 months, so i felt a lot better... i joined the national guard... it still doesnt pay much... but its the only thing in southern illinois...

i just need to know if debt consolidation would be good for me...

i have about $2,000 in debt, and no real way to pay it

and on top of that i just got a ticket for no insurance cause i cant afford it...

any advice?

(i have to get all my debts settled by Aug 01 2007, as required by the Illinois Army National Guard)

jason - did you sign up for the free debt counseling session by

jason - did you sign up for the free debt counseling session by phone when you registered here? If so, a consultant will be contacting you soon and offering some options for debt consolidation or settlement.

Are you able to make any sort of payments now, or have you not obtained a new job yet? If you have no income, debt consolidation or settlement will not work, unfortunately. You have to have a source of income to use that type of program.

Let us know any updates, and ask any questions you may have. We're here to help! :lol:

lrhall41

Submitted by SUEBEEHONEY70 on Thu, 02/15/2007 - 09:07

( Posts: 4583 | Credits: )

Job is an important concern in your case. Like Suebee said, any

Job is an important concern in your case. Like Suebee said, any type of plan will give you results, provided you make the monthly payments. At this stage, I won't recommend you taking any new loans, but, for a chance, go to your bank and see if there is any help for you. Even if you get any help from there, you need to have a job to carry on with your living expenses and pay the debts. Maybe, if it's possible, sell any items that you don't need very much presently. This will generate some extra flow of money

lrhall41

Submitted by orake on Thu, 02/15/2007 - 11:02

( Posts: 482 | Credits: )