Hear about how much debt everyone in the US has all the time, curious about some of your stories!
My bad debt is 10k left on a school loan from a for profit school that is now out of business.
Only other debt is house.
So how are you all doing with debt management?
Went into 30k debt thanks to school and being injured and getting 1/3 of what I use to make. Had to use CC and other means which in itself was digging a bigger hole. I am 3k away from being done with fuckin debt. No house since this all happen during 08-10 fall out. 13 years. FML
Almost out of that trash debt then you can focus on your goals friend!
Hopefully things are looking up!
Financially, none. Morally? So much.
$628.94 on my credit card.
I have around 5k€ left to pay for my car, for the rest I just spend what I know I can. I have a credit card but I just keep it there for emergencies or to pay in installments when the seller doesn’t allow it, everything else goes to the debit card.
Edit: for context since I just read “in the US”, I’m italian. My school was 150€/year so I saved myself the school debt thing.
I live in the Midwest region of the United States.
$55k in student loan debt, down from $100k eight years ago. $10k auto loan. $210k on the mortgage, which I honestly can’t believe I was ever approved for. No credit card debt.
There have been some very scary moments, but I’ve somehow managed to keep my head more-or-less above water so far.
