Personal Debt-Information On Average Personal Debt, Personal Debt Consolidation Loan, Personal Debt Consolidation

Mr M asked:


money is tight as we know.
in america there is No free money, all except for grants.
But r they even true.
My parents are close to debt, and I wanna help them. As well as buy a new couch and make my house not look like a dump. Can anyone help? I mean, can I get refered to a grant, and i free money without paying it back real?

Sommer Darland

krazymack asked:


Well, I guess you guys can go ahead and be brutally honest because I am nuts for asking this question. I currently have $90,000 in debt after three degrees (one bachelors in Computer Science) and two masters degrees (in Mathematics Education and Business). I worked for four years as a teacher in schools. But, I still feel very not well rounded. I had always wanted to study something in the liberal arts — I only majored in Computer Science because of family pressures to make money.

I was accepted to a very high falutin’ school George Washington University in English to do a fourth degree, a second bachelor’s degree for personal fulfillment. I am impressed that I got in because of the prestige of the institution. I went to mediocre colleges and I feel that the academic reputation from the schools I attended never paid off. But, I feel that I want to do this program because it’ll give me a shot into great law or medical schools in the future. (Yet more education)
The school cost about $39,000 a year in tuition. I plan to get a part time job while in school again. Am I nuts for racking up this amount of debt. Is this all unnecessary?
I meant necessary instead of unnecessary.
The Elder God: I hear you. I appreciate your honesty. I might not choose this route based on your response. I felt a bit apprehensive.

I don’t plan on having any kids. In fact, I’m really enjoy living alone and I have a dull life right now — so I see it as a sacrifice to do something better for society. It is normal for a doctor to go into a lot of debt, so I figured I can get a job as a physician or so once I pay it back. I also figured if there are tons of loan forgiveness programs out there, I can work in an underserved rural community to pay them back. I just see my life as a sacrifice, I guess.

But, I might just choose to work at a job for now…defray some debt and then pursue my dream of a MD/PhD where the school debt is fully paid for.

Janean Roskam

Amir asked:


So, I’m admitted to a very good graduate school and I’m looking at about $100,000-110,000 in debt when I graduate. The average starting salary that I might be able to make is about $70,000. My question is would this be sufficient to pay off my debt in 10 – 20 years without enduring a lot of personal hardship?

Grant Styons

onlymatt asked:


So im 21, and ive managed to get myself in $8,000 of personal debt. I still live with me parents fyi. But my question is should i go back to school even with so much debt or should i wait to pay it off…? The last thing i want to do is to be stressing over paying my bills while in school but then i don’t want to put school off anymore…at that, im not sure if i should go for the security job or go for my passion in photography….What do i do?! =(
Yes i don plan on going to school and working but even at that it will only be on weekends which still wont cut it to pay my monthly bills.

Eusebio Carlsley

gittar07 asked:


To make the story short, a friend of mine is in a lot of personal debt (somewhere around $20K.) Now she wants to clean up her act and go to school full-time for her degree (currently she attends part-time; she has about 50 credit hours left until graduation.) Her credit is shot, so I don’t know if she’s qualified for any personal loans to pay off her credit cards to defer payments.

What are her options? Are there any types of loans for people in her situation? She just wants to pay off the credit debt with some type of deferred loan so that she can go to school full-time and earn her degree as soon as possible without having to worry about paying off debts while doing so. Anything you could tell me would be great! Thanks!

Shelly Brogden

margarett kitts asked:


I am in dire need of a debt consolidation loan and I have bad credit. I can make things work with $5000, but I do not know where to start. I have seen people with yahoo addresses claiming they can loan money but they sound fishy as it is not a company email, their emails always seem to be yahoo. Any info will help. I fell on hard times and am now able to pay my monthly bills but I cant seem to catch up what I fell behind on. PLEASE help asap. I have a 5yr old and I do not want him to suffer us loosing our home or car.

Rodrick Yap

Divinity asked:


I would like to finish my degree. I only have ONE year left. The only thing that is stopping me is a old debt. I can’t get my transcript to transfer w/o paying the debt in full. I don’t have the available credit for a personal loan. Does anyone know a bank that would give out a student loan for an outstanding student loan w/o being enrolled?

Felix Paulic

Van_Saline_Vandal asked:


Alright, to make a long boring and very aggrivating story for me short, I had a really rough start when I first went to college. I wound up in financial troubles and wasn’t able to attend my classes and wound up kicked out of the university. But now, somehow for reasons unknown, I owe the university I was attending $3000. I paid in advance for every semester I attended. But, now I am trying to go back to a junior college to get my grades up. (but I can’t get a transcript w/o paying the debt). What I would like to know is does anyone know a way to pay this debt off? I don’ t have really any skills so if I got a job, I’d be paying for nothing but daycare and wouldn’t be getting anywhere. We don’t have good credit so I can’t take out a personal loan. I plan on talking to the financial aid office and the university to ask why I owe this debt. But I would also like to know if anyone out there would know of any other suggestions for me. Thanks for your time!

Guillermo Flummer

dederyan5 asked:


I saw the best answer that there is no such thing; I know I may be to gullible but how about all these people on line stating they got grants to buy a new house or new car or pay off debt? Is there any way to get a grant for personal use?

Wilber Craigmiles

pearlhonda asked:


If you were enrolled in a program that strongly recommended that you did not work while attending school, what was your total debt after graduation? (Student loans and personal loans) Did you work or get financial aid? Did you live on your own? I need some advice.
Thank you for reading

Mike Kolker