58k debt on credit cards

[HugoStrange]

31 minutes ago, DuvvaAbbulu said:

What is that bro??

 

 

[HugoStrange]

29 minutes ago, DuvvaAbbulu said:

What is that bro??

 

google it bro, Dave ramsey chepthadu. Pay min to all cards except the smallest amount card. Pay it off as fast as u can, then pay the next big amount card. Example if u have 20k, 10k, 8k, 5k, & 2k, pay min to the first 4 and try to pay it off the 2k one. Next pay min to the first 3 and pay off the 4th one and so on

[Android_Halwa]

2 hours ago, BReBeL said:

Consolidate chestham ani chala calls from different financial groups like personal loan at 5.99% ani can we believe that ? Emina work out avthunda? Can you guys throw some limelight on this please? Everymonth my salary lo 2k going to pay these cards min only 😞😞

58k ki debt consolidation endi vayya, take it easy. Have a two year plan to pay off the cards with minimal interest and stick to the plan. Smallest balance vunnadi 30% close chesi second most balance vunnadi 20% and remaining all minimum payments….repeats the same for 3-5 months and by 6th month you will see the difference and credit will reinstate to a good level where you should either take a personal loan or credit cards and transfer the balances to avoid paying more interests. 

Remember: you will take more debt to cover existing debt and avoid paying any interest. Ikada commited ga lekapothey 58k kastha 100k ayitadi. 

six months trips, big purchases and unnessasary spending apeseyu kaka, 7th month you will see the difference.

[Android_Halwa]

2 hours ago, BReBeL said:

Consolidate chestham ani chala calls from different financial groups like personal loan at 5.99% ani can we believe that ? Emina work out avthunda? Can you guys throw some limelight on this please? Everymonth my salary lo 2k going to pay these cards min only 😞😞

Second option what you can try is to call up the credit card guys and speak to them about debt relief programs if they have one or ask for payment freeze for 3-4 months….mostly oppukuntaru and payment freeze workout ayithe smaller balances vunna cards musi10gey…

[dasari4kntr]

2 hours ago, Sucker said:

Try to get second job bro. Malli appu nduku. Oka 6 months chesthe set. 

chaala comedy gaa cheptunnav...second job ani...

single job ke morning 8 ki login aythe....just 30 mins back log off ayya....

where is the scope/time for second job..?

 

[Sucker]

16 minutes ago, dasari4kntr said:

chaala comedy gaa cheptunnav...second job ani...

single job ke morning 8 ki login aythe....just 30 mins back log off ayya....

where is the scope/time for second job..?

 

Not comedy anna. Many ki possible. Nee job rod Amma mogudu. Neeku not possible. 

[HugoStrange]

9 hours ago, dasari4kntr said:

chaala comedy gaa cheptunnav...second job ani...

single job ke morning 8 ki login aythe....just 30 mins back log off ayya....

where is the scope/time for second job..?

 

then job jump kottu with higher pay. atleast 10 to 15k will go a long way for you.

[Skn_benami]

Credit score baunte get a personal loan. Paying 58k to one source at 5-10% interest is easier than paying 58k to multiple sources at 20% interest. 

[pakeer_saab]

13 hours ago, Android_Halwa said:

58k ki debt consolidation endi vayya, take it easy. Have a two year plan to pay off the cards with minimal interest and stick to the plan. Smallest balance vunnadi 30% close chesi second most balance vunnadi 20% and remaining all minimum payments….repeats the same for 3-5 months and by 6th month you will see the difference and credit will reinstate to a good level where you should either take a personal loan or credit cards and transfer the balances to avoid paying more interests. 

Remember: you will take more debt to cover existing debt and avoid paying any interest. Ikada commited ga lekapothey 58k kastha 100k ayitadi. 

six months trips, big purchases and unnessasary spending apeseyu kaka, 7th month you will see the difference.

most important is keep the cards locked up

[BReBeL]

17 hours ago, Aquaman said:

58k ela chesav appu va?

Cheskunta poina bro teliyaledu ippudu tadisi mopedayndi

[BReBeL]

16 hours ago, Telugodura456 said:

I never understood people who max out credit cards and use it buy land in india.

I know halwa is a big believer in this. Yemaina work out ayyindha halwa @Android_Halwa

Konle bro emi 😞atla konte ade ammukoni ee appu teerchkunta 

[BReBeL]

14 hours ago, Android_Halwa said:

58k ki debt consolidation endi vayya, take it easy. Have a two year plan to pay off the cards with minimal interest and stick to the plan. Smallest balance vunnadi 30% close chesi second most balance vunnadi 20% and remaining all minimum payments….repeats the same for 3-5 months and by 6th month you will see the difference and credit will reinstate to a good level where you should either take a personal loan or credit cards and transfer the balances to avoid paying more interests. 

Remember: you will take more debt to cover existing debt and avoid paying any interest. Ikada commited ga lekapothey 58k kastha 100k ayitadi. 

six months trips, big purchases and unnessasary spending apeseyu kaka, 7th month you will see the difference.

Na two cc taking 28% bro interest valaki call chesina chala ekkuva undi nenu katalenu ani but they said we cant do anything

[BReBeL]

14 hours ago, Android_Halwa said:

Second option what you can try is to call up the credit card guys and speak to them about debt relief programs if they have one or ask for payment freeze for 3-4 months….mostly oppukuntaru and payment freeze workout ayithe smaller balances vunna cards musi10gey…

Oh i will check on this

[Pahelwan2]

1 year back na credit card balance 14k ippudu after 12 months balance is still same 15k. Na paisal etu potunayo poni savings emina ainaya ante Adi ledu. Very tough to save money in USA. Restaurant poté 100$ trips ki poté 5k minimum bokka. Malla mana mandu sittings friends ni inviting poker stocks anni bokke. 

[Spartan]

16 hours ago, psycopk said:

Family man ki min 4k avutai mortgage kakundane adigo idogo ani…

4k na @psycopk 

nenu lekkalu veyyali enta avutundo