It’s ok to have $79,000 credit card debt, $72,000 in student loans, $12,000 upside down car debt, $12,000 medical debt and earn $60K/year?
Most Americans are in debt so this is just a monopoly game.
My question is what do we do if we want to buy a house and credit is awful. Would you co-sign for me?
Here’s some ideas we have to get out of the mess
1) Beg a friend to co-sign a 0 percent APR to do a balance transfer
2) Falsify income earned on a mortgage application then get a cash advance for a down payment
3) See if we can use payday loans to pay for spouse to go back to school and quit job to become a licensed refrigerator owner
Any other ideas? can use a vacation