I am 26 years old with 20,000 credit card debt 25,000 school loan i leased a car for 474 a month?

Answers:2   |   LastUpdateAt:2017-04-25 19:13:54  

Question
tonya mcdonald
Asked at 2012-08-06 06:01:48
I have fallin behind on bills, but at least pay my balances in capital crecit card 5 does not seem to go down because of the burden of financial interest do not want to pay 30,000 in interest over this im 20yrs debt thinking I can not declare bankruptcy consolidate What should I do wish I was never given credit cards at 18 feet i nobody forced me to use and I am responsible to pay but one of the largest in the United States scams credit cards should be abolished if I knew then what we know now
Answer1harold!Answered at 2012-08-06 10:30:47
I was the same age as you when I had a huge debt , about 21,000. It was starting to take over me.Remind it was 15 years ago.I did the math and realized it was over my head and went bankrupt . Maybe he did, was a huge weight off my back , but remember it will take 10 years to clear the books and that will be 36 .
Answer2yppumAnswered at 2012-08-06 17:27:46
NOT FILE BANKRUPTCY ! You will never receive another loan from anywhere until it is discharged. Read the laws in your state.

If I were you , I would let the debt go to collections and at least the companies that allow it to charge off. Just be ready for collection calls . you
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