I just finished school and have to move home. I managed to get about $ 12,000 in debt from using credit cards while in school among other things I unfortunately could not pay at the time. I want to know the best way to pay down the debt fast and boost my credit score.
My debts are all in collections, I tried one of those debt help places and that caused all my credit cards to be written off. I want to do this on my own now and need more info. I have done a lot of research on this and want peoples personal opinions (what they did, how it worked, how long) that kind of thing.
I will have about $ 700 extra a month and my debts range from $ 300-$ 5,000 I have about 8 debts.
And, please, I don’t need a lecture I have owned up to my mistakes and now I am trying to do the right thing and be responsible. I don’t have a life, I sleep and work, that is it. I work a full time job to were I can’t have a second job at this time. I just became full time and my employer will drop me down to about 16 hours a week if I go part time.
My credit is horrible now and I need to change that so I can consolidate my student loans next year.
This is not something I can wait to do, I must consolidate them next year to get my parents names off my student loans.
Thank you for your info and help in advance.