Young and stupid

Date: Wed, 01/24/2007 - 17:21

Submitted by anonymous
on Wed, 01/24/2007 - 17:21

Posts: 202330 Credits: [Donate]

Total Replies: 3

I joined the army, came home with 3.5 grand, lived off of it for a month, bought a bike, put 1500 down, got a job with dish netwerk making 9.00 an hour, bought a car, lost my job, employment stayed very very rocky for about 6 -7 months, i now have a job making 12.50 /hr but its too late, my bike has been sent off to collections, my car is only 1 month behind... its terrible i have to use the term only, all belongings have been upto 5 months behind... that was when i sold cars... or well... didt sell cars.. haha. so now, ive got 450 to verizon, 1600 to merrick bank, 3100 to hsbc retail services and 300 to somewhere else, all on collections... credit is ruined cant get a loan to pay everything off. Im completely lost, im 21, and do not know where to turn or what to do. I cant even get a $10 bill finances for 60 months now. :x

Welcome to the Community :D Here is a link on debt consolidatio

Welcome to the Community :D Here is a link on debt consolidation at http://www.debtconsolidationcare.com/benefits.html You can combine all your unsecured debts into one monthly payment, with lower interest. Hang in there, we all have been where you are, or close. There is help and hope! A debt counselor will contact you soon, from your area, check your e-mail. If you have any questions, please ask..Karen

lrhall41

Submitted by Bossy4455 on Wed, 01/24/2007 - 17:28

( Posts: 5854 | Credits: )

Don't beat yourself up about the financial situation you have go

Don't beat yourself up about the financial situation you have gotten yourself into. It is in the past and no, it can't be changed. However, by realizing and recognizing the mistakes you have made you will be better prepared to avoid them in the future. Pay close attention the advice the debt counselor gives you. Get a part-time job in addition to your regular job and work off some of your debts. Good Luck!

lrhall41

Submitted by Lorri on Wed, 01/24/2007 - 19:57

( Posts: 1721 | Credits: )

I was young when I got into debt and unfortunately had to file f

I was young when I got into debt and unfortunately had to file for bankruptcy. You are never too young to get into debt. I wanted to be something and somebody and I was depressed most of the time and I thought that buying things would make me feel better but it didn't help. I know how you feel so do many others. Don't beat yourself up. Just dust yourself off and move on.

Read my blog linked below. It tells my story and how I got into this mess. It might help you. THere are a few of us out there who have made mistakes and have moved on.

First things first, contact your creditors and let them know what the situation is and that you are willing to work out payment arrangments. Do not get another loan. That's the worst thing to do: borrow money to get out of debt. It won't help your situation. Try debt consolidation if you are unable to work out arrangements with your creditors.

lrhall41

Submitted by Alexandra on Thu, 01/25/2007 - 06:31

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