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That's it, I'm done.

January 28th, 2009 at 12:23 am

Well, I've hit rock bottom. I don't know what to do anymore. I've been working so SO hard at my two jobs, my budget is already bare bones, I HAVE NOTHING, have sold everything but my soul.

A cc that we owe a bajillion dollars on, the interest rate nearly doubled. We're screwed. That's on top of all the other crap we have to pay, of course... I don't HAVE an extra HUNDRED DOLLARS a month. I don't have an extra FIVE dollars a month.

I can't do it anymore. I can't. I have no idea what to do. I hate myself for this mess I've caused and wish I never saw a credit card in my life. How could I be so STUPID??

I have officially hit rock bottom.

Posted in Uncategorized | 11 Comments »

11 Responses to “That's it, I'm done.”

  1. Koppur Says:
    January 28th, 2009 at 12:26 am 1233102395
    1233102395

    I'm so sorry, Sunshine. I don't have any ideas of how to help, but I wanted to offer my support.

  2. gamecock43 Says:
    January 28th, 2009 at 12:28 am 1233102519
    1233102519

    wow- that's tough. Is there perhaps a 0% card you can transfer to?

  3. homebody Says:
    January 28th, 2009 at 12:30 am 1233102605
    1233102605

    I'm really sorry. Wish I had some magic advice for you, but Gamecock has an idea that's worth a try.

  4. PauletteGoddard Says:
    January 28th, 2009 at 12:41 am 1233103287
    1233103287

    My heart goes out to you. Take a deep breath.

    The silver lining upon hitting bottom is we can't go any further down. I'm guessing you called your creditors to negotiate a payback plan? If yes, you might consider National Foundation for Consumer Counseling, or Consumer Credit Counseling Service (CCCS).

    FWIW, you have plenty of company, so please don't compound the hurt by feeling isolated or alone, because you're not. I felt the same way when I got overextended.

  5. creditcardfree Says:
    January 28th, 2009 at 01:04 am 1233104657
    1233104657

    The most important thing before paying on your credit cards is taking care of you. You are not alone. Please take care of you. You are more important than any debt you have accumulated. You will get through this. You will. ((hugs))

  6. mom-sense Says:
    January 28th, 2009 at 01:34 am 1233106484
    1233106484


    Hang in there, dear. If this is the worst, it can only getting better. Life is more than credit card debt.

  7. Amber Says:
    January 28th, 2009 at 02:23 am 1233109425
    1233109425

    First you are a long shot from stupid, it's hard I know but hang in there. It's easy to get in the cycle of CC debt but hard to get out; however, with persistent you can do it. Try calling and see if they'll reduce your rate. My mom's cc just went up and we called and they reduce it with no problem, it's worth a try. I will be checking in on you and here's a hug Giveusahug and remember there is some one out there far worst off than you

  8. oceansluver78 Says:
    January 28th, 2009 at 03:11 am 1233112260
    1233112260

    yeppers, im in the same boat. In a few weeks I'm going to sit down over a weekend a map out an escape route out of debt!

  9. Koppur Says:
    January 28th, 2009 at 03:40 pm 1233157238
    1233157238

    One note: If you go with Consumer Credit Counseling Service (CCCS), you need the large chunk of money for payoffs fairly quickly. I worked with them and within 6 months, I needed $10K for $13K worth of CC debt payoff. If you don't have the money for the monthly payments, you may not have the money for a big payoff. Also, anything you do settle and pay off you have to declare as income on your next years taxes. They never told me that and I found out the hard way.

  10. Ima saver Says:
    January 28th, 2009 at 04:32 pm 1233160361
    1233160361

    I am so sorry to hear of all your troubles. God bless.

  11. Personal Finance Student Says:
    January 28th, 2009 at 09:20 pm 1233177651
    1233177651

    I can COMPLETELY understand. I am right there with you and just trying to get through each day. I just have to have hope that eventually things will turn around. I would look into calling your CCs as others have suggested. I had a CC rate increase for no reason, other than a high balance (but not overlimit) and they reduced it back down as long as I did not charge anything else on it. Which was totally fine with me since I hadn't in over a year (or more) anyway, I was TRYING to pay it down! They said that once I go the balance to half of what it was currently they'd reduce it even further if I called. So, it's definitely worth a short. Best wishes. I'm rooting for you!

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