I have $12,000 debt and i'm only 21?

I dont know what to do.. I also have $25,000 in student loans as well (failed school actually, so it was all for nothing)

I was born to lose. i need $1500 a month ($600 of which is for repayment of loans), and I only make $1200 a month with my job.

i have various mental health issues and i just want to end it now. i dont see the reason to continue with this
Additional Details
$12,000 credit card debt... $25,000 student loans. and mentally sick

why should I live

ask some one on ur area .. he can see ur situation clearer..

gl

Hang in there buddy. I understand what you are going thru. My son was also faced with high school loans at a young age. It can be quite upsetting.

You sound like a good natured, sensitive person. Perhaps you feel you make mistake with spending so much on school, but that is done with, so now deal with it and in time you will somedays get it paid off. When I married my husband, he was still paying off his school loans. There are many in your boat.

The thing you must learn in life is that you have to be strong . You will pull through this. Your jobs pay better than many. I'm living on less. I manage because I watch every penny I spend. People make ten time more than you and are broke because they don't watch their spending and spend all they make. You need to just watch your spending. You are going thru rough time, but believe me, it will get better. Eventually you will progress. I feel something will pull you through this. Ask for assistance other sources.

Don't let money be the reasoning for your entire life. Debt, I know, can be so overwhelming it can seem like the whole world is crashing down on you. I filed for bankruptcy when I was like 22. You're still young, and bankruptcy only stays on your credit for a few years...mine is already gone and I am in the process of re establishing my credit :) Clean slate. 2nd chance. It was the BIGGEST weight off of my shoulders you don't even know. There was no other way for me, I had tons of medical bills, because I too have mental health issues. Good luck and take care

Hmm well lots o fpeople are in debt. What country do you live in? If you have a mental illness - for real you may be able to apply for financial aid - still known as welfare in lameman terms

hard to see the light at the end of the tunnel. im sorry for your situation. should have been smarter in the beginning. thats why your preyed upon by consumers

Buddy, I'm at least $12000 in the hole right now with pending $9000 of Student loans coming, and I'm only 23.

Find yourself a decent job with decent benefits and find a way to negotiate your loans to one low rate per month.

Make sure you drop all forms of Credit cards and any lines of credit of at all possible, if you need credit, lines of credit sometimes offer the cheapest way possible.

Do not consider bankruptcy yet, due to the fact that people who claim bankruptcy sometimes cannot get back on their feet after the stigma of being bankrupt is on them.

If you're stuck looking for a job to cover $1500 a month, try working in a warehouse, I clear $3000 a month working in a warehouse and only 40 hours a week.

Na dont worry about it. First I want you to know that millions of americans are in debt. You're not the only one. I myself am in debt as well with credit cards and it keeps compounding every month its been like this for 18 months. But DONT WORRY. Dont even think of your debt. You can pay it off later, the companies will give you a break and just ask for so much to be paid and they'll help you with it. You're making $300 a week right now, give it time until you find another job where you're making more. You know you cant pay it off right now so just let it be, and you'll get to it later in life. Nothings going to happen to you! You'll just receive mail and maybe a phone call. But whatever you can save now, give it a year then see what you got, call the company and let them know what you can do. Give them a few thousand and start making the monthly payments. It will take awhile to get out of debt, surely, but they're not going to throw everything on you at once, they know you cant afford it. I was in the same shoes as you're in a year ago (and still am lol). But I dont think about it, not anymore. I went through the same thing you're going through. I felt like theres a hex in my life, a burden and its going to ruin me until one day I was like ... Im not going to let this get to me and I said screw it. I dont care. I cant make the payments so what can I do? All you CAN do is just let it go and not worry about it until you're ABLE to take care of it which will be later in life. Its been 18 months now and I havent heard anything from them other than mail and a phone call. Its alright man, dont let this get to you, its just money, everybody is in debt, its not like you're in trouble with the law, you're just gonna hurt your credit whoopdie do. But seriously, just forget all about it until you're making good money and can repay it off when you feel the time is right. Live your life, make money, eat food, have sex, party, play video games, see the world, and give yourself something to look forwards to in the future. Whatever your dream is. This isnt going to stop you. Just shrug it off right now until a later time. Then you can get a credit lawyer and they'll consolidate your debt, knocking off so many thousands. Or call them now and see how they can help you with the income you currently make. Tell them you can only do $300 a month. And if they dont accept it, then they wont get anything so screw them you'll just wait until a later time when you can consolidate. But heres what you want to do 1) Call them now and give THEM the offer. Whatever you can do. If they do not accept it well guess what, theres nothing else you can do so 2) Postpone it until you're able. Its best to do option 1 right now but if all else fails, you got option 2. And you'll wait until they come to you and when or if that happens then they'll accept a deal. Even if you're $50,000 in debt, do $300 a month for 15 years, no different than a mortgage payment =). Climb your way up the social ladder in the meantime so you're making more money. Working for the state offers good, one person mentioned being a laborer that pays good. Other things you can do is have an Ebay business, trade stocks, play poker, flip Real Estate notes. All are good ways of making money being your own boss. But good luck, everything will be ok. No reason to think you committed murder when we know its the credit companies trying to murder US. We've all been through this man, its the way society has brought us to be, needing to take out loans to start a family, buy a car, survive, and go through college. Just little by little, you have lots of time, and you'll end up taking care of it later. And no youre not a loser, most of us lose in the game of Life, and theres only a few winners. But you dont need to win to be happy.

I'm 19 & have right around $14,000 in loans that I am repaying. Student loan and car loan. All you need to do is talk with your student loan and credit card compains and explain to them that you cannot meet your minimul monthly payments...they will work with you on how much you can afford. Just make sure you are giving them SOMETHING, every month ON TIME.

Don't despair there is always a solution to every problem. Have you thought about seeing a credit adviser who would be able to help you sort out some sort of repayment plan on your current income. Remember money is not everything.

apply for bankrupcy.

oh no!!!

dont lose your mind....

you can over come it....please seek the help of someone...

join the marine corps

just work and pay it off,,,,geez why are you so dramatic about owing money?

I owe in the hundreds of thousands, im way older, i have nothing to show for it.....i just pay every month and thats it.

if i dont die before i pay off....i'll be free.....and then i can work on my personal wealth.

in 10 years you should be ok.

Call you credit card companies and see if they will work with you. A credit card company can not take anything from you so they are more willing to work with you to get some of the money. As far as you student loans, you are stuck with them there is nothing you can do about that.

sorry 2 hear that mayn. i dont think its worth killing urself over a money situation. im pretty sure ppl have done it, so dont b like that person. u jus need to find ways to get rid of ur debt jus keep doin wut u doin.

Some people get a loan,buy a house ,lose there jobs,lose there house ,live on the street,your one of many

I will have 69,000 dollars of debt when i'm 22

because this is what i believe that maybe god can help you and he is allways thier if you believe in him but if not then maybe if your a different religion then maybe that can help

il pray for you and hope that my god does the works for your debt life

i wish the best for you and hope that you give yourself another chance in your life

what i believe may be true about the god thing because i do believe if you end your life on purpose that you will end up in the burning lake of fire because rthats suicide and suicide carries soo much guilt and hate that you have too work at changing anyways bless you brother

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