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Old 01-25-2017, 01:19 PM
bryaneuropean bryaneuropean is offline
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Join Date: Jan 2017
Posts: 4
Default Needing Advice

I am in need of financial advice.

I have been building upon my savings for several years now and have tried very hard to prevent taking from it. However, it is becoming increasingly harder and harder to not do so with the credit card debt I have accumulated, as well as a Discover loan I had to take out for a family emergency.

Even though, I can pay everything off, it will severely cut into my savings.

My first thought was to pay a good portion toward my Discover loan balance to bring my monthly payments down. However, after talking with Discover, they told me that the type of loan I have will not bring my payment down no matter how much I paid into my balance. Then I thought about paying down my balance until I could afford to pay it completely off without affecting my savings too much. But then Iím stuck with having to continue to make this enormous payment each month, which is currently affecting the rest of my monthly bills. And as a result, I donít want to have to do this either.

I have also been wrestling with the idea of making a substantial payment to each of my five credit cards to bring their balances down to help me deal with my Discover loan payment every month. But then that still leaves me with Discoverís huge balance that I will have to continue to pay for another 6 years.

But what really keeps me from just biting the bullet and paying everything off is I know I will not recoup this loss, and as a result, I just canít pull the trigger in taking so much from my savings that I will most likely never get back.

So, what should I do? What would you do in my place?

Thank you for any insight you can provide me.

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Old 06-27-2017, 06:30 AM
eran2016 eran2016 is offline
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Join Date: Jun 2017
Posts: 12
Default Re: Needing Advice

I think it's great
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Old 09-07-2017, 06:49 AM
jennys jennys is offline
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Join Date: Aug 2017
Location: New York, United States
Posts: 19
Default Re: Needing Advice

Its really great
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Old 09-10-2017, 04:43 AM
Jeff51 Jeff51 is offline
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Join Date: Sep 2017
Posts: 21
Default Re: Needing Advice

I don't know I personally hate loans and I am not sure whether I would ever get one. The idea owing someone money is terrifying for me. Do you somehow use your savings for a business opportunity? Because if not, why not just pay the debt and avoid that fees that you have to pay to the bank?
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Old 01-18-2018, 11:11 PM
BRodgers BRodgers is offline
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Join Date: Jan 2018
Posts: 17
Default Re: Needing Advice

That's really great.
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Old 02-12-2018, 01:45 AM
jane21august jane21august is offline
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Join Date: Jan 2018
Posts: 26
Default Re: Needing Advice

If it would have been me I Just go with my instincts. Don't listen to anyone and what you are doing is really good, Just pay the debt and avoid unnecessary fee to the bank.
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Old 07-12-2019, 04:18 PM
John Tollerman John Tollerman is offline
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Join Date: Sep 2016
Posts: 492
Default Re: Needing Advice

My advice to anyone will be to make sure they do in place that is reliable and trustworthy. I only prefer Forex trading which is a legitimate business and that with broker like FreshForex, it just makes everything relatively easier for me or could be for anyone. The thing that makes them standout is their structure which is so transparent, safe and secure. The ideal part is the mighty 200% Deposit Bonus, it just makes working super easy.

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Old 08-14-2019, 07:06 AM
ColomboMan ColomboMan is offline
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Join Date: Sep 2016
Posts: 133
Default Re: Needing Advice

Hi, Bryan, I studied your situation and I can say that you are not so bad. Some people are mired in debt and cannot pay them off. Maybe you should look for a job with a higher salary to pay off credit card debt. Or you can contact Debt Quest USA in California. You can always find a way out of the situation. Good luck to you.
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Old 09-23-2019, 05:47 AM
bugmenot bugmenot is offline
Join Date: Jul 2010
Location: austin tx, usa
Posts: 49
Default Re: Needing Advice

I turned to this company, they helped me get out of the debt hole.
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