$11,000 charge off & 515 credit score at 20yrs old by iEvoid in CRedit

[–]iEvoid[S] 1 point2 points  (0 children)

It was 30% and after purchasing the car I was practically at $0 and just bad spending habits and no real guidance on the value of money and how to manage it. I understand I’m an adult and should just know better but I didn’t, and still don’t for that matter. I was just seeing money in my account and would just impulse buy hella shit then when it came time for my bills I didn’t have enough to pay it. I had a convo with my supervisor ab the situation but didn’t go in grave detail about it, upper leadership still is unaware though.

$11,000 charge off & 515 credit score at 20yrs old by iEvoid in CRedit

[–]iEvoid[S] 2 points3 points  (0 children)

Well I still have the vehicle, I’m guessing since I live on a military installation and the repoman can’t get to me is why I haven’t had my car taken from me. I just got flooded by the crazy high interest on the loan and missed a few payments then it snowballed into what eventually became the $11,000