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CC Debt, tuition... need a strategy to right this ship...

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Looking4Advice
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Cash: $ 1.85

Posts: 7
Joined: 14 Apr 2006

CC Debt, tuition... need a strategy to right this ship...  Reply with quote  

My CC debt stands at 11000
Monthly Living expenses incl CC payments is just shy of 1000
I have roughly 4000 in cash
I have two terms of college left before I can graduate (~roughly 4000)

Can someone recommend a plan of action?

Since I am so close to graduating and being able to pursue a high paying job, it makes little sense to me to start working for $10 an hour and paying everything off. A loan to take care of my debt, and pay for my college seems to make more sense to me.

I need advice on this urgently. Thanks for any insight. Very Happy Sad
Post Fri Jun 23, 2006 1:37 am
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coaster
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Cash: $ 1355.60

Posts: 6675
Joined: 11 Oct 2005
Location: Wisconsin
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Congratulations!! You reduced your CC debt $3000 since your post in April. Two questions: what did you do to achieve that? Do you have any income now?

Background here: http://www.money-talk.org/msg29740.html#29740

~Tim~

Eye Candy : Why Whimsy
Post Fri Jun 23, 2006 1:53 am
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Looking4Advice
New Member


Cash: $ 1.85

Posts: 7
Joined: 14 Apr 2006

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...

Last edited by Looking4Advice on Thu Jun 29, 2006 6:03 pm; edited 1 time in total
Post Fri Jun 23, 2006 2:17 am
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coaster
Senior Advisor


Cash: $ 1355.60

Posts: 6675
Joined: 11 Oct 2005
Location: Wisconsin
 Reply with quote  

Ha ha ... maybe you were just lucky. But then again, maybe you found your true calling. Laughing

~Tim~

Eye Candy : Why Whimsy
Post Fri Jun 23, 2006 2:35 am
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Looking4Advice
New Member


Cash: $ 1.85

Posts: 7
Joined: 14 Apr 2006

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...

Last edited by Looking4Advice on Thu Jun 29, 2006 6:01 pm; edited 1 time in total
Post Fri Jun 23, 2006 3:02 am
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Looking4Advice
New Member


Cash: $ 1.85

Posts: 7
Joined: 14 Apr 2006

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I think I have it under control, but any additional advice greatly appreciated.
Post Fri Jun 23, 2006 4:40 am
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