So I'm in a pickle. I am getting married soon and need to get prepared for the future. I really needed a car so I decided to go to the Kia dealership. I found out my credit score is below 500 which was an insta no. I know that I have about 5k in student loans and 20k in medical bills. I had a job at the time of the bills, but no insurance and didn't qualify for a medical card. I'm not sure where to go to see my credit score without it being a scam. Also does paying on these bills help out or do you have to have them conpletely paid off. I'm in need of help. I shouldn't have done these stupid things and I realize that now. I finally have a decent job, but its hard to get there when you have no car. I usaully have around an extra 500 bucks to play around with. Thanks for any advice.
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91 ex auto-sold!Originally posted by nine_deuceWhat I'd do is this: spray brake fluid in her eyes, shoot her with a nail gun, while she's down, give her a "chili dog" or a "strawberry shortcake" a "rusty fish hook is always fun"
92 lx wagon-sold!
92 ex parts car-sold!
I NEED ANOTHER CB PM ME IF YOU HAVE ONE LOCAL!!!!!!!! -
With 25k worth of debt, you shouldn't even be thinking of leasing/financing a car from Kia.
The best thing would be to ride a bicycle to work or walk if you can so that extra $500 can go to your bills.
If you cant do that, then id suggest getting a cb7 or something real cheap so your bills and maintenance for the car is as low as possible, and then just start paying off the bills.
Also, DO NOT just pay the minimum payment on your loans, as you will likely just be paying the interest and get no where . -
you can go to a bank or credit union and have them pull you score. paying on these bill will eventually get your score up. but not by very much.
i was in a situation similar to your. until someone introduced me to budgeting. hopefully someone else will chim in with more info. think there's a thread or two on this same subject. GL.Comment
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Are the loans still active, or have they gone into default?
I just finished off (last month) paying a $6k loan for school, and my credit score was helped from paying it off. I never missed a payment, and usually paid a little bit more than the minimum each month.
Kia actually turned me down for a loan, unless I had a cosigner. Most other dealerships would offer a loan, but the APRs weren't great, but they weren't bad either.
If you graduated school within the last 2 years Nissan has a recent graduate program which approved me for a 1.9% APR.
1999 BMW M3
2001 Honda CR-V SE RT4WD
2005 Chevrolet Tahoe Z71
2015 Suzuki V-Strom 650Comment
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oh and to see your score, check out creditkarma.comComment
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Well seeing as I have a 75 mile trip to work, a bicycle isn't gonna cut it lol. Yes the school loans are in default. Should I consider bankruptcy for my medical bills and start paying on the school loans? This really sucks, sounds like I'm way over my head. Anyone have a stupid cheap cb close by lol?91 ex auto-sold!Originally posted by nine_deuceWhat I'd do is this: spray brake fluid in her eyes, shoot her with a nail gun, while she's down, give her a "chili dog" or a "strawberry shortcake" a "rusty fish hook is always fun"
92 lx wagon-sold!
92 ex parts car-sold!
I NEED ANOTHER CB PM ME IF YOU HAVE ONE LOCAL!!!!!!!!Comment
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Bankruptcy isn't as easy as it once was. You're probably stuck with your loans.Originally posted by Lawman_745 View Post
Have you contacted the collector(s) who are in charge with your loans? You can probably get away with paying $50/month for each loan. If they're getting nothing from you now, any amount will be a "win" in their book.
1999 BMW M3
2001 Honda CR-V SE RT4WD
2005 Chevrolet Tahoe Z71
2015 Suzuki V-Strom 650Comment
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Yes I have contacted them but can't reallly get through to anyone. From what I understand, bankruptcy will cover my medical bills but not my student loans.91 ex auto-sold!Originally posted by nine_deuceWhat I'd do is this: spray brake fluid in her eyes, shoot her with a nail gun, while she's down, give her a "chili dog" or a "strawberry shortcake" a "rusty fish hook is always fun"
92 lx wagon-sold!
92 ex parts car-sold!
I NEED ANOTHER CB PM ME IF YOU HAVE ONE LOCAL!!!!!!!!Comment
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Not to be an ass but
Why would you need a new car.... Clearly you cant afford one.... If you only have $500 a month left over you are cutting it very close already.
25k is not a huge amount of debt
Bankruptcy will not take care of your student loans
Did it get your current job from the schooling you received with those loans ... Or do you think you will benefit in the future from them? Then why not pay .
Get a credit card.. If you don't have one already... And pay it down each month... Only put something like gas on it.. You will be able to fix your credit that way... And decrease your debt to income ratio.
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Federal student loans stay with you. You can't lose them in bankruptcy.Originally posted by Lawman_745 View PostMRT
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Originally posted by Tippey764Originally posted by deevergoteComment
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Have you contacted the billing department of your medical to see if they have some kind of assistance program? Is public transportation a possibility? Carpool with another employee? Does your future fiance not have a vehicle?
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I failed out of school, so no my loans did nothing to help my job. I work on a drilling rig for 11.50 an hour and it sucks. This job is an hour north of me in PA. My fiance does have a car but she works everday like me. Car pooling isn't possible since I am the only one from WV who works there. I absolutely have to have a car. The hospital contacted me today, and my debt with them is actually 4300. I got approved for a small car loan at the bank too but the intrest is like 13% I have to have something to get to work. There are no other jobs around me that I could work at.91 ex auto-sold!Originally posted by nine_deuceWhat I'd do is this: spray brake fluid in her eyes, shoot her with a nail gun, while she's down, give her a "chili dog" or a "strawberry shortcake" a "rusty fish hook is always fun"
92 lx wagon-sold!
92 ex parts car-sold!
I NEED ANOTHER CB PM ME IF YOU HAVE ONE LOCAL!!!!!!!!Comment
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