@radfam wrote:
Im new to all of this and in rebuild as well, so please take what I say with a grain of salt. Others here are likely much better equipped to help answer your question.
That said, what if you take the $22k and pay off your existing car loan of $13k. Then use the remaining 9K to buy a reliable (albeit likely not brand new) vehicle that your husband can drive while you get your finances back in check. You eliminate two car loans (your current vehicle and his upcoming vehicle loan) and put that money towards paying off your CC debt and collections.
Again, I am new to this and I am learning as well.
Honestly - this was one of my first thoughts too. Pay off the current car loan. Use the remaining (or part of) $9k to get a car and pay the licensing etc. If anything left - pay toward debt (maybe the lowest balance first).
