@Anonymous wrote:
So I would like a plan to help destroy my debt its ugly...but I can get this taken care of just need an agressive plan
I have a total of 75,197 in debt
total liquid cash 16500
@Loan 1 total $8,394 @3.99%
@Loan 2 total $23,714 @ 16%
@loan 3 $19,362 @ 17.35%
@loan 4 $23,727 @ 10.99%
Car 500
^^^^^^^^
Tackle higher balance loans first, there is a psychological aspect of seeing results that keeps you motivated and going.
Before that see if you can consolidate the 16% and 17% loans with a new loan, but you may get rejected given your loan amounts, so if you do, pay down the $23K balance and $19K balances first while making minimums on the rest with lower interest rates.
Minimize and cut your expenses in life, sell things yoo dont need on eBay, get part time jobs...pay down pay down pay down.
You will only change when you are sick and tired of how things are..this causes you to make real change.
