Long story short, I’m just around 20k in debt which is about 10k in credit cards and 8k in finance not taking away my meal deductions for 2 years is about to be incoming (I know, I f-ed up and didn’t save anything). 4 months until ETS so AER Loan is off the table. My credit score is around 760, looking to see if there are any low APR options for active/prior service members?
Personal Loan with Low APR?
byu/No_Lavishness5011 inMilitaryFinance
Posted by No_Lavishness5011
1 Comment
It’s a rough time to be borrowing money. What are your interest rates for each debt?
Without more information, my best immediate advice is to cancel all subscriptions, sell off everything you don’t need, stop eating out, get a cheaper phone plan, trade in your car for a shitbox beater Toyota Camry or some car like it that’s almost old enough to legally drive itself, stop drinking/smoking/whatever your vice is, and generally do everything you possibly can to pay down your debt as fast as possible.
You might consider calling MilitaryOneSource or going to your base’s community service center to get more detailed help.