All Forum Posts by: Karenga Smith
Karenga Smith has started 1 posts and replied 3 times.
Post: Puerto Rico Investing
- Atlanta Area
- Posts 3
- Votes 1
Any updates on any experiences in the Puerto Rico REI market?
Post: Credit Card Debt reduction options
- Atlanta Area
- Posts 3
- Votes 1
Thank you one and all for taking the time to respond to my question. I have much to ponder on.
Post: Credit Card Debt reduction options
- Atlanta Area
- Posts 3
- Votes 1
Hello, thank you for some sound advise. I'm recently divorced and trying to rebuild my personal and financial life. I need to payoff my credit card debt as it holds the key for me to be able to invest in RE. I'm financially stable with a Job and 700+ credit score but I've got too much cc debt. I've considered borrowing from my 401k (IRA) or looking into a personal loan. However I've read and heard the arguments against such. With the snowball approach to paying off debt in my case the difference between the minimum payments and what I was actually paying isn't much @ $200.00. at the end of my current rental lease I plan on moving into a cheaper place so that will help as well. What other options are out there for restructuring CC debt?