Updated over 10 years ago on . Most recent reply
WWYD? $100k student loan debt, no assets or savings, no full time job.
Say someone has tons of student loan debt, no savings, only asset being a 10 year old car worth $3,000, damaged credit due to some student loans in collections because salaries didn't match debt over time and couldn't keep up with payments, and who currently doesn't have a full time job because their hours and fees were severely cut.
What would you do in this situation if you want to get positive cash flow quickly and efficiently (and legally) as possible?
Most Popular Reply
I'd probably try to get a full time job (or two) and get my head above water first.