All Forum Posts by: Account Closed

I like the way you think. Thanks for the help! 

@Benjamin Haberman, that's what I'd like to do. But working a minimum wage job in college won't pay my monthly debts is my only problem.

@Jason Krick, the company I worked for had talked about a major layoff happening about a month prior before it happened. I had always told myself if I were to lose the job, I would go back to school. And none of my financial aid has been done yet. I went to college a few years ago so I have a decent idea of the money I would get from grants and whatnot. I would not be able to afford my expenses if I went back to school full time. I can for the time being, but that's only with my unemployment coming through. I'm not sure what happens when that runs out. I know you can get more, but I believe it's less. I would obviously also take any job in the meantime, I'm just speaking from the worst as if I couldn't find one. I also do not own a car. I was financing one and took it back after realizing how dumb a car payment was for me. I use one of my parents vehicles, but I also need my own eventually.

@Account Closed, wholesaling is really all I would consider right now. It's just seems hard because I live in a college town. Have you had success wholesaling in surrounding cities and doing most the work over the computer?

Touché, @Scott Carder. I may just work a year and attempt to pay it off. Instead of going back to college August of 2016, I'll go January of 2017...

@Ariel Cohen, thanks for the response. I just feel like $20k was a lot to overcome for my situation. A lot have been saying otherwise though. It's good to hear that.

@Patrick L., I'm not trying to simply walk away from it, I just know when I'm back in school it may be impossible. And by impossible I mean I don't make enough to pay it back while attending a university full time. That's all.

@Account Closed, I'm not set on anything. I'd never purposefully leave other people without getting there money based on my poor financial decisions. I just think if mathematically I'm going in the hole $200 every month, I should maybe consider filing. For now, I could pay and work things out. But then college comes up and I'm in the hole. So I felt like it may be better to file now rather than later with the same result. And just save as much as I can now. If I can make it work without filing, I 100% guarantee I will!

@JD Martin, thanks for the reply and the blunt honesty.

1. I get unemployment currently. $330 for 14 weeks. After that, I have no clue. My aunt had it and she was offered another quote on more weeks with just a lesser amount. Maybe that happens for me, I'm not sure. I'm ALL for working like a dog for the next 7 months to pay off as much as I can.

2. I'm okay with working part time. Full time is a possibility. I will try part time and see how I do. I don't want to try full time and it become overwhelming and my grades drop. I'm not a lazy person, I've worked 55 hours for the past year doing labor, on my feet the entire day. I was physically okay with it, but if you would ask me to study also, then take a 100 question test that's 15% of my grade after, it would be a struggle. Is that not understandable? I'm not trying to attack in any way, and I really don't want anyone to believe I'm not cut out to REI either. I feel like me going to college would actually help me grow into slowly being able to handle more of this responsibility.

3. This is one thing I surprisingly have not tried yet. I am going to spend my weekend calling though.

4 is practically answered with number 2.

Thank you for the post though. I do understand I should pay the debt back. Hopefully in the 7 months I can knock down enough to somehow afford it and college at the same time. I just don't want to continually put it off and end up never going. I'm sure you understand the importance of education. Especially to someone like me, I feel like it would help me mature and realize a lot as I go through those 4 years.

@John Shipley, college is something I've been putting off since I was 18. I went to a tech school for a year only to drop out. I worked in the real world until I was 20 doing construction as I had been doing part time throughout high school. Then I got offered a job at Gulfstream around my 21st birthday. Worked there for a year. And now I'm here. I don't want to just continuously put off college until I'm 30. I realistically know this is the best time for me to go back. Also, my mind isn't set. I didn't even know you could combine all your debts into one and pay one monthly payment until 2-3 days ago. I got that through asking a lot of people what I should do, which is what I'm doing now. Maybe there's some other things I could do as well that I haven't heard of. Again, I would rather not file, but I am going back to school in 7 months.