Should I do with $52k in credit card debt?

[tmoney2099]

Dr makeover? I bring home at the minimum 800 or maximum about 1400 weekly depending on over time and our bonus it varies.

[juniornj23]

We are in the same boat with a fewer differences
I own 40k but my wife and I bring home 6500 to 7k monthly
But we pay 2k rent 1500 in cars and 1200 on food plus utilities.
And she really thought about bankruptcy but I said no .
My score is around 700 and almost 300k on credit
I know is hard but I think you can make

[Sloedough]

with 40,000 to 70,000 a year you could get most of this paid off. Have you thought about a personal consolidation loan at a lower rate? This would clear your defaults, and get your utilization taken care of.

[tmoney2099]

Yea I’ve tried that route couldn’t get approved thought about taking a home equity loan out that didn’t work. I think I’m just going to start paying off the cards I have still to keep them. Then try to pay off the ones that were charged off.

[Sloedough]

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@tmoney2099 wrote:
Yea I’ve tried that route couldn’t get approved thought about taking a home equity loan out that didn’t work. I think I’m just going to start paying off the cards I have still to keep them. Then try to pay off the ones that were charged off.

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Yea, you do not want to convert unsecured debt to secured debt. A home equity loan should never be used for anything other than your house. That's one way to loose your house.