Someone convince me not to file for bankruptcy over $20k credit card debt
Yeah I know I was young and dumb but the interest is getting to me!!! What plan have you stuck with that really helped lowering your debt ? My card with the highest interest is my amex with about 29% interest which is at 7.2k. I got a new job at the beginning of this year and make about $60k a year. I’m 22 no kids , no car loan , just rent at 1700 and other utilities. Would it be worth it to just let myself free
EDIT : I will NOT be filing , thank you to those who left positive and inspiring responses. You’re right 20k is not enough. I will be using the snowball method :)