And this is my story
Date: Sun, 03/23/2008 - 08:11
Submitted by schnuckibearsmum
on
Sun, 03/23/2008 - 08:11
Total Replies: 5
Yes things changed, little one started school I found a job at AAFES and still we where doing good....
Now the big mistake came and my husband helped a young mother which was in the Army and the husband was at Basic training to get a new car because their car broke down, So he co-signd and was the primery owner. She told us she did already a payment ahead and everything is fine. Sure the payments started actually 1 and 1/2 month later we were happy that she did good........NOT. I don't have to tell you guys what we all tried to make her pay. Well 4 month later the Bank called my husband and told him you have 48 hours before we repo the car and your credit gonna be screwed (do you say it like this?)
Oh I started sweating and my husband was close to explode, well we called our Bank and we could refinance our car and the car of hers with only 5.99% apr. Hey good deal, low payments, a little budget tightening but hey I still had my job and everything was still fine......
And boom it happend I had to quit my job because I had trouble at work got threadening because I had to pick up my daughter from school, like "it's gonna hurt you if you don't be back in 30 min". Hello am I stupid or something.... Well my car broke down and the dealer we bought it from wouldn't take it back because they new exactly that they charged to much and we where not able to take a lawyer. So what we did we bought a new one and had like 8000$ carry over from the old car onto the new one....
Well I was unemployed wasn't to find a job until last month and of course got cought in the Dept River because I wasn't eligebel for unemployed money and the savings we had were long gone.
What I did so far is reaserched what kind of help I can get here on the I-net and got in touch with the creditors and some of 'em are willing to help when I work on the plan I worked out before calling them.
Sofar I payed 2 Credit Cards of with high APR but low Summary. And I really hope to find another income so I can do it all faster.......
Every advise I can get will be appriciated, so please feel free to answer me here in that Topic.
Thanks to you all
a little update!
Things changed a little since last time I was on here.
Well there was a german life insurance I completly forgot and cancelled before I came to the states. They got in touch and where wondering what they are suppose to do with the money I saved on it. I arranged to get it send to my Bank account over here. The money was very welcome. I got in touch with the debt company I am going thru and they paid almost all the debts of incl. cars. what is left over is my car with about 5300$ which we refinanced with 4.99% apr thru our Bank and the payments are lower then ever. Our Credit scores improved again. So I need to say never ever debt unless it's a house. My budget is planned and I save every month 1/2 of my income for emergencys.
Just thought I let you know
Well it sounds like things are working out for you and that is g
Well it sounds like things are working out for you and that is great. Good luck to you:)
thanks ladybug! Yeah thinks are working out and I was sweating r
thanks ladybug! Yeah thinks are working out and I was sweating really bad for a couple of month. I just can emagine what other people go thru and with all the info I found out here I wouldn't be able to make it, then that money rain was something I didn't expected honestly, that was pure luck....
That was pure luck, hopefully things are getting better for you
That was pure luck, hopefully things are getting better for you financially:)
Yes I started getting air again.... My Fridge is full the first
Yes I started getting air again.... My Fridge is full the first time in a couple month. And I can even afford here and there an little extra for my 5 year old. What I couldn't before. But she is even happy with a pack of chewing gum and this is good. She learns already to save money for the bigger thinks she wants. And she don't fight in the store anymore like she used to.... I am very proud of her, my hubby and me that we got out of it with a blue eye and alot understanding for each other....
