21 and Loads of Credit Card Debt!!?
I’m 21, a full-time college student, and I have approximately $ 10,000 of credit card debt. I honestly don’t have anything to show for this debt, I don’t know how it added up to be so much. My main credit card has about $ 7,500 on it (I have smaller store cards which I am able to manage) and I can’t keep up with the payments. I’m a full-time student and I don’t have a car, so I’m not able to work as much as I would like. My min. payment is $ 300 which I cannot afford, I send approx. $ 150-200 a month but I am racked with overlimit fees and whatnot. I am so stressed out because I am unable to save any of the money that I make, because all of it is used to pay off credit cards. Should I try to file for bankrupcy? I know that it stays on the record for 10 years, but I can’t see myself getting rid of this debt for 10 years anyways. Would filing affect my student loans? What about a checking account? Would I be able to get a car/apartment in the future with a co-signer? Please help!!