IDK if anyone else has debt issues but i thought that i would share this praise with everyone. (:
Okay first back story:
When i was 18 i had a student loan to go to a private Christian college here in Northern California. Because of that it gave me very good credit for such a young age. SSOOOO i got some credit cards with absolutely NO knowledge of how credit cards work. I was working a good job and thought i only had to pay the minimum payment. Long story short i maxed out my cards within the year and couldnt pay them off. They eventually went into collection and 6 years later are still not paid off.
I knew that i needed to pay them off..but it just seems like TOO much. When i was doing Bethel School of Ministry 3 years ago i tried to pay them little by little...but i wasn't even making a dent. I had HORRIBLE credit and it is something i wanted to get taken care of so that FI wouldn't marry that too. We want to be able to get a house someday and nice cars...but my credit is BAD and FI has none.
Well i got a letter the other day that my Capital One card collectors were willing to settle for $281.99 (i owe them $900!).
So i just paid it. It was part of wedding money...so i cant pay anything on the wedding this week...but thats okay. They said my credit will be updated in 30 days!
Praise God!!!!! that will help my credit tremendously! I am praying that i can pay EVERYTHING off before August 20 (my wedding date). It takes awhile to build credit scores back up....but i am past a start! (: