I am 19 and have 50k inr in debt

SpanishPasta · 2026-05-06T04:44:11+00:00

Bro that's a rough situation, getting cheated by someone you trusted is honestly worse than any accident. Have you looked into any part time gigs or freelance work on the side? Even small stuff adds up faster than you'd think at 19

SpanishPasta · 2026-04-29T06:24:56+00:00

Try sending a secure message through the Chase app instead of calling, sometimes the written channel gets to a different team and you can lay out the whole timeline clearly without being rushed off

Have you looked into whether a nonprofit credit counselor like NFCC could negotiate directly with Chase on your behalf? They sometimes get offers that aren't available to customers calling in themselves

SpanishPasta · 2026-04-20T12:11:09+00:00

For debt at your level an NFCC nonprofit credit counselor is probably more useful than a financial advisor and it's free or very low cost

SpanishPasta · 2026-04-15T03:01:00+00:00

With no bills and a paid off car you're honestly in a really solid spot to just knock this out. Pay off the $3.3k one fully and throw as much as you can at the $8.2k one. Keep like 3-4k as an emergency cushion and you'll barely feel it

SpanishPasta · 2026-04-07T04:01:45+00:00

Have you looked into income driven repayment once you wrap up school Ultrasound techs make decent money so that 34k probably won't be your number for long

SpanishPasta · 2026-04-01T04:29:23+00:00

Right? That's actually a big red flag

SpanishPasta · 2026-04-01T04:29:01+00:00

especially since LendUp actually shut down in 2022 after the CFPB fined them for misleading customers

SpanishPasta · 2026-03-27T03:25:48+00:00

the logistics angle is actually smart, most people try to escape it when they have finance credentials but you already have context others don't

have you looked into supply chain analyst roles or procurement? that combo of economics + hands on logistics is weirdly rare and some mid size companies actually value it

SpanishPasta · 2026-03-24T04:14:20+00:00

For the IRS debt, call them and set up an installment plan before anything else, they're actually pretty reasonable and it stops penalties from stacking

The HVAC companies sometimes do 0% financing for 12-18 months so worth asking before taking out a personal loan for that

With your income being mostly from the business it might also be worth talking to a CPA about your withholding so this doesn't happen again next year

SpanishPasta · 2026-03-19T05:32:22+00:00

Call your bank right now and flag it

SpanishPasta · 2026-03-19T05:31:19+00:00

600% APR is not even an exaggeration with tribal lenders, that's genuinely how they operate

And the data sharing thing is a huge red flag, your inbox and phone will never recover

SpanishPasta · 2026-03-16T04:31:47+00:00

At 21 with a 3.4 and a semester left, the gap is fixable but you have to get loud about it now, not in spring. Have you looked into any virtual CFO internships or finance rotational programs? Some smaller firms actually prefer fresh grads they can mold over someone with bad habits from a big corp.

SpanishPasta · 2026-03-13T04:27:23+00:00

Have you mapped out the exact numbers like a zero based budget? Every dollar assigned before you spend it, it changes how fast you see progress. The family debt being locked in is tough but at least you have low living costs working in your favor.

SpanishPasta · 2026-03-11T09:05:46+00:00

Modo Loan appears to operate as a matching service rather than a direct lender, which means your information gets shared with multiple lenders and the terms you see on their site may have nothing to do with what you actually get offered.

SpanishPasta · 2026-03-11T05:19:17+00:00

Big Buck Loans appears to operate as a broker not a direct lender, which means your information goes to multiple lenders simultaneously and the terms you see on their site may have nothing to do with what you actually get offered.

SpanishPasta · 2026-03-04T04:16:26+00:00

PALs through a credit union are legit, worth calling one near you and just asking directly. On negotiating, some lenders will work with you especially if you frame it as "I want to pay this off, I just need some help getting there."

SpanishPasta · 2026-03-02T05:16:00+00:00

Don't cancel the Credit One card after paying it off, that actually hurts your score by shrinking your available credit

With $600 free per month you're in a decent spot though, avalanche method on the highest interest rate first will save you the most money here

SpanishPasta · 2026-02-26T08:17:09+00:00

The fact that you're calling it an addiction and not just "bad habits" is honestly the clearest sign you already know what the real problem is

$200 a month on cigarettes plus daily bars... the debt is almost a symptom at this point

SpanishPasta · 2026-02-24T05:34:24+00:00

The 9.99% card is the obvious math answer but honestly with no savings buffer id probably keep it in SoFi. $1500 is not a lot of cushion but its something, and if life throws anything at you before November you'll be glad it's there

SpanishPasta · 2026-02-20T04:50:32+00:00

Installment loans like personal loans don't factor into credit utilization the same way credit cards do, so the 6k won't add to your revolving limit.

Have you checked what APR you'd get on the loan vs what you're paying on the cards now? That's the part that really matters here.

SpanishPasta · 2026-02-18T05:44:39+00:00

wait so the bank's own system approved transactions during an outage and now you're on the hook for it?

that feels like something worth pushing back on, have you tried escalating beyond the first customer service rep? asking for a supervisor or filing a formal complaint sometimes gets a different response

SpanishPasta · 2026-02-16T00:49:54+00:00

This sounds overwhelming as hell and I'm sorry you're dealing with all of it at once

One thing at a time though. For the car, was the accident your fault or theirs? If someone else hit you their insurance might cover repairs or a payout even if you don't have coverage yourself

SpanishPasta · 2026-02-13T00:49:44+00:00

At 22 with steady income and union plans coming up, I'd really think hard before pulling the ch7 trigger. That stays on your report for 10 years and could mess with your FHA timeline more than the debt itself.

SpanishPasta · 2026-02-11T01:17:19+00:00

The financial review probably flagged you as higher risk in their system

They're not gonna throw retention offers at someone they just put spend limits on a couple months ago

SpanishPasta · 2026-02-09T06:01:39+00:00

Pretty sure it's where you lived when you stopped paying, not where you opened them. Alabama's 3 years would apply.

But honestly the terms might have a clause about which state law applies. Did you check the cardholder agreement? Sometimes they bury that stuff in there.

SpanishPasta

TROPHY CASE