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[Mr Reasonable]

please don't convince yourself that one last spend is fine.

Someone I knew had a number of credit cards that they'd run up. They got a loan to pay them all off with the idea they'd have just one payment to deal with. The lender, of course, offered them more than they needed, which they took, so they could treat themselves "one last time" before the serious business of paying the debt off began.

It's a pretty bad idea to acknowledge you have a debt problem but the first thing you do when dealing with it is make it even worse.

 

[Soodanim]

Someone I knew had a number of credit cards that they'd run up. They got a loan to pay them all off with the idea they'd have just one payment to deal with. The lender, of course, offered them more than they needed, which they took, so they could treat themselves "one last time" before the serious business of paying the debt off began.

It's a pretty bad idea to acknowledge you have a debt problem but the first thing you do when dealing with it is make it even worse.

"Here, have some crack as a bonus for trying to get clean"

 

[protonion]

 

[jufonuk]

Ive never heard of credit scores affecting employment. And unless op is planning on buying a home anytime soon thats not a concern. Ive done two bankruptcies in my lifetime with pretty much zero repercussions and I have a great credit score these days.

I know it might not be right for OP but its absolutely worth looking into.

 

[jufonuk]

No moral credit card lender is going to give OP a balance transfer credit limit of 11K when there is already 11K of debt. Stop suggesting things like this!!

The lender would have to be clinically insane.

Almost like no bank is going to sell mortgages to people who can’t afford it. Imagine if they did that?

The had like 4500 in credit cards and an overdraft went to the bank for advise and they talked me into a loan to pay off everything then pay them back. In hindsight it was dumb. I got myself into debt. I had a job I just silly spent. If I just stopped the spending at random didn’t eat out for lunch at work etc I could have paid it off during one year. ( I was living back at home at the time)