please help
Date: Thu, 07/15/2010 - 19:38
i got my first credit card when i turned 18. shortly after, i got my first car loan. then i got two more credit cards after that. all of them had a low credit limit ranging from $125 to 700.
a couple of months passed and i had lost my job, i had to move back into my parents house back in puerto rico and voluntarily turned in my car. i still owe about 6 grand on it. i didnt have a job so i couldnt pay my other credit cards.
right now. i have 5 negative marks on my credit report due to charge offs and collections. each amount is relatively low, however, i JUST got my life back on track as far as employment goes and im now 21. but i still cant afford to pay these accounts. the largest one on there is the car loan for $6g. i approx owe about $8-9g. i really want to fix my credit. my fiance and i want a house, and our own business. i cant do any of these things because i was young and stupid and i got sucked into the shiny plastic world of debt. i heard there is now a law that doesnt allow anyone under the age of 21 to get a loan or credit card. i wish that was the case a couple of years ago when i was 16. now, my question is, what would be the best thing to do? please help!
a couple of months passed and i had lost my job, i had to move back into my parents house back in puerto rico and voluntarily turned in my car. i still owe about 6 grand on it. i didnt have a job so i couldnt pay my other credit cards.
right now. i have 5 negative marks on my credit report due to charge offs and collections. each amount is relatively low, however, i JUST got my life back on track as far as employment goes and im now 21. but i still cant afford to pay these accounts. the largest one on there is the car loan for $6g. i approx owe about $8-9g. i really want to fix my credit. my fiance and i want a house, and our own business. i cant do any of these things because i was young and stupid and i got sucked into the shiny plastic world of debt. i heard there is now a law that doesnt allow anyone under the age of 21 to get a loan or credit card. i wish that was the case a couple of years ago when i was 16. now, my question is, what would be the best thing to do? please help!
Best case senario now is to buckle down, work hard and pay off t
Best case senario now is to buckle down, work hard and pay off the debt. Pick up an extra job if necessary.
