Hear about how much debt everyone in the US has all the time, curious about some of your stories!

My bad debt is 10k left on a school loan from a for profit school that is now out of business.

Only other debt is house.

So how are you all doing with debt management?

  • @shalafi@lemmy.worldEnglish
    11•9 months ago

    $27K in cc debt. Disgusting. Been dialing it in the last many months and paying off $2-3K a month.

    OTOH, I may have my house paid off soon, so I got that going for me.

    • @chaoraceEnglish
      2•8 months ago

      Honestly at that point it might be worth mortgaging the home all over again just to get rid of that debt. Even at that admirable pace and taking today’s higher mortgage interest rates you’d probably end up saving $2000