Rebuilding after starting a business

QuestionsRebuilding after starting a business
asked 4 years ago

Hello!

I’m new to the forums. 

I invested in a bakery and its doing well enough for me to start paying off my debt but I was reaching out today to see if the forum masterminds can help me out with my repay  strategy. I’ve considered companies like PayOff and Prosper to consolidate, but maybe its best to tackle this myself. However, the interest rates are high. 

 

I also wanted to know, if in my current state, would it be possible to borrow an additional $ 10,000 to start renoviations of an outdoor space?

Income Monthly 

$ 2500 – $ 2800

 

Personal Credit Cards:

Chase P –  18.24% – 818 / 1500

Chase B –  17.24% – 2024  / 3000

Capital One – 17.90% – 4209 / 4500

Credit Union – 9.9% 4324 / 5000

= 10469 / 14000

 

Business Credit Cards:

ChaseBiz – 10% 1101 / 2000

American Express – 0 * business pays full balance after each month 

= 1101

 

Credit Score – 680 

 

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