@Anonymous wrote:I'm not going to be as harsh this time but I slept on it overnight and I still feel offended by this thread. Maybe you can get a personal loan from a CU. At first I didn't hear you asking how can you get out of debt but rather how can you get another high limit credit card and continue spending someone else's money. It was the laugh that made things worse. The laugh about having to eat while spending money you really don't have.
A relative of mine was down and out. His business partner left and took all of his equipment with him. So this relative made me feel pity and I spent $1,000 trying to help him get back on his feet. He asked me to teach him how to get better credit. I signed him up for a CreditSesame account and right before me there were 10 recent medical collections. Score in the low 500s. Last week another collection showed up. Isn't going to do any good for him to have a secured card if he isn't willing to pay off those collections. I had nothing but good intentions and wanted to truly help. I was even going to spend another $500 to get him a secured Visa because he has no credit history (AAoA of 0). But then I felt duped and wondering why did I even try to help someone that wasn't trying to help themselves.
I hope you find a solution to your debt. I don't think searching for another high limit credit card is the answer. Sorry but this topic just hit me personally.
Perhaps, before you start doling out harsh unsolicited advice, you should take off your blinders and read a thread objectively. It doesn't appear that you did that here.
@K-in-Boston wrote:Having been in the same predicament (albeit significantly higher balances), I know how tough it can be to get approved for new cards when you are maxed out. At least you are looking for options before the interest skyrockets your minimum monthly payments, so you have that going for you. They're going to be hard pulls for sure, but if you truly want a balance transfer card your best bet is going to be with a credit union. I am not sure how Navy is with high util, PenFed can be hit or miss, NASA FCU did approve me when my balances were near their peak and that's what helped me make a plan and begin to get out of debt (still a long way to go). If you do go that route, please try to figure out a way to pay much more on your cards so you don't end up in the same predicament again, only with even higher balances.
+1 I would also second the poster who suggested driving/shopping for Uber/Lyft/Instacart. I commend you for getting a head of this before things really got out of control and your only option would be bankruptcy. As AJC stated, if one isn't taught how to manage credit wisely (not saying that you didn't mind you), then it's easy to get in trouble. You at least had valid purchases, such as your medical bills. Unfortunately, you didn't know that most hospitals/clinics would work with you to pay down your debt. This is why I say basic credit pitfalls should be taught in high school.
Good luck on whichever route you take and don't let your credit situation stress you out. It happened, it's a life lesson and now it's time to deal with it. Life has more than enough unavoidable stresses without us adding avoidable ones.
