Hello,
So I attempted to start a business and it didn't really work out, so now I'm working on paying back the damage I've done.
I'm about $30k in, making $1600-2000 payments to repay it per month. It will take about 1 1/2 years to pay it off, but I knew I was playing with fire doing it. I did file for bk in 2014, so I've made past mistakes. Most of them involved not paying bills, and letting it pile up. (Because I had no money to pay them, sigh.)
I'm not letting that happen again, but having a credit card balance really does feel a bit scary. I never reached my goal of hitting 700 score in 2 years, it has actually gone down with me using my cards to start a business.
Anyhow, wish me luck.. going to pay this off and then make sure not to do it again.
@Taoron wrote:Hello,
So I attempted to start a business and it didn't really work out, so now I'm working on paying back the damage I've done.
I'm about $30k in, making $1600-2000 payments to repay it per month. It will take about 1 1/2 years to pay it off, but I knew I was playing with fire doing it. I did file for bk in 2014, so I've made past mistakes. Most of them involved not paying bills, and letting it pile up. (Because I had no money to pay them, sigh.)
I'm not letting that happen again, but having a credit card balance really does feel a bit scary. I never reached my goal of hitting 700 score in 2 years, it has actually gone down with me using my cards to start a business.
Anyhow, wish me luck.. going to pay this off and then make sure not to do it again.
Good luck paying off your debt. It's a lesson learned. Stay positive and keep your eye on the prize. You will get there.