0% for College

[FinStar]

I would also add that folks took the time to provide you some solid advice + different options on how to approach/tackle the potential incremental debt in the thread you started about a month ago :

https://ficoforums.myfico.com/t5/Personal-Finance/Please-Help-Define-my-Goals/td-p/5766321

[ToxikPH]

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@FinStar wrote:
I would also add that folks took the time to provide you some solid advice + different options on how to approach/tackle the potential incremental debt in the thread you started about a month ago :

https://ficoforums.myfico.com/t5/Personal-Finance/Please-Help-Define-my-Goals/td-p/5766321

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Yeah I've been following that and paying off those debts, my current problem is that I have to pay for college and that adds $4,100 to those already. I went with K's plan of using my Citi DC for 18 months but will just roll this into a snowball with the other 3 cards that I'm working on. Currently $1,000 a month is going to pay these off.

[bergrides]

I would check with the school and any organizations you belong to, to see if there are any scholarships you can apply for.  Sometimes it is a bit of work, but they can help to lower what you are paying.

[tacpoly]

Boy, there better be a very lucrative job waiting for you when you finish school because looking at your cards, you expect to be livin’ large (a green, gold AND platinum Amex?)

Why can’t you ask your parents to help cover your tuition (even as a loan)? You’re juggling flaming knives with your credit card strategy to finance your schooling and lifestyle. One wrong move...

[Shooting-For-800]

How is it possible that you can not get student loans?  

They don't even look at your credit report (or have very low requirements.)

I would double check your options...

[kdm31091]

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@tacpoly wrote:
Boy, there better be a very lucrative job waiting for you when you finish school because looking at your cards, you expect to be livin’ large (a green, gold AND platinum Amex?)

Why can’t you ask your parents to help cover your tuition (even as a loan)? You’re juggling flaming knives with your credit card strategy to finance your schooling and lifestyle. One wrong move...

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I would agree. If you're struggling to finance something, the last thing you should be doing is paying $950 in annual fees for cards IMO.

Like I said earlier, what's done is done, but with so many new (and expensive) cards, yet needing to finance things, OP is just in a tough situation.

[K-in-Boston]

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@Shooting-For-800 wrote:

How is it possible that you can not get student loans?  

They don't even look at your credit report (or have very low requirements.)

I would double check your options...

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FWIW when I was both undergrad age and later when I went back to school as a 30-something, I was ineligible for federal student loans for income reasons.  I ended up using a combination of "free credit card money" (which I am still paying for today) and many tens of thousands of deferred private PLUS student loans (to the tune of 8-11% ouch!) on top of my GI Bill.  Not sure what the status of OP and parent's income is, but I know for me personally the usual student loans were not an option.

I'm not exactly advocating the "free credit card money" route, but given OP's situation I would suggest that over private loans at high APRs.

[K-in-Boston]

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