Tagged Questions

4
votes
4answers
157 views

Which debt should I pay off first: Student Loans or Auto Loan?

Good afternoon all. I am a 25 year old working in my career field making about 43K before taxes. I have no credit card debt and $9500 in savings (some in a high interest savings ac …
3
votes
6answers
146 views

Emergency Fund in place; Now I’m tempted to save. Should I?

Alrighty, kiddos, here's the deal. I have about 90K in school loans, 8K in credit card debt, and 7K owned on a car worth about 7K. I make 41K a year. I have just succeeded in sa …
3
votes
2answers
88 views

Is it safe to open a bank account if you are under heavy debt?

I have around $50k in debt, around $12k in credit card debt and $38k in student loans. I've had a rough time since graduating, unable to find a job, actually ending up homeless for …
1
vote
5answers
190 views

Should I pay down my debt of try to build an emergency fund in savings?

As previously mentioned, I have $153k in unsecured debt. $90k is student loans that are in forbearance until February. I recently joined CCCS to take care of the credit card debt …
2
votes
4answers
38 views

Is it smart to keep one credit card on hand for emergencies?

My wife and I swore off revolving credit about 2 years ago and have since paid off all our credit card debt and closed all but one credit account. Reading various sources in print …