Debt thread

20k in student loans that I could pay off right now but I can't bring myself to do it. I keep thinking what if I miss the bullrun after paying it all off. Other than that I have quite a bit of savings which is for a better place to live, like a condo or house.

wish I wasn't, that's what happens when you go into STEM and don't fall for the trade school meme

Age: 30
Income: $150,000+ per year
CC debt: $2500
Car debt: $0
Student loans: $0
Personal loan: $88,000
Other debts: $0

I used my crypto gains to clear out my $90k student loans in January 2018. Then a few months later I got a $100k personal to buy the crypto "dip" because I didn't want to miss out on becoming a millionaire. We all know how that turned out. So now I'm saddled with debt again.

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>Age:28
>Income: 125k a year - rent/utilities/groceries is about $1200 a month
>Car debt: 25k - just got a car. Could have paid in cash, but did 3 year financing to invest the money instead
>Airways pay my CC off monthly, use it for points and stuff
Debt is a tool

What is it you do?

How did you get a 100k loan? what reasoning did you use?

They didn't really care. They had a dropdown box for me to choose; home improvement project, medical bills, wedding, moving expenses, or other. I chose other. All I had to do is provide proof of employment and income.

Programmer. Started when I was 13 (because I got into porn, and wanted to make my own website. Wish I was joking). Got an entry level programming job for my University ($16/hr starting, $22/hr by the end. They had to raise the wage ceiling for programmers for me), then did 2 programming internships, one with Microsoft (20k for 2.5 months), another with a startup with a buddy (free for 1 month). Microsoft offered me 106k in Redmond, which I took for 2 years, but they suck at promotion (only 1.5k raise), so I switched back to my buddy's startup which became a small business for 125k and cost of living has halved. Been there half a year.

Clear $198 / year
Real Debt $500k
Credit Debt $87k
No student loans
No auto loans

>age
19
>income
brought home $26k in 2018
>cc debt
$300
>home debt
$0
>car debt
$0
>student loans
$0
>other debt
$4,300 for an appendectomy im never gonna pay
$1,200 for a year old payday loan im never gonna pay
$30 i owe to my friend greg that is my top priority rn

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Age:35
Income: 30k a year
CC debt: 1k
Car debt: 8k left
Other debt: 2k

if crypto doesn't save me from my abysmal life soon, i'm leaping from a high bridge

This thread is filled with financial illiterates. What's the point of stating that you have 71k of home mortgage? What if the house is valued at 750k

Is that worse off than some one with no mortgage and a house valued at 250k?

>dropdown box
You got 100k online?

Swapped out low interest student loan for high interest personal loan. Pants on head retardation

i think it's highlighting debt compared to wage more than anything else

i highly doubt someone with a 32k wage is owning a 750k house

>home debt
r u Dave Ramsey or something?

It was through SoFi on their website. I never spoke to a real person until after I got the money. A customer rep called to chat with me and answer any questions I might have.
Student loans were 6% and the personal loan is 7.45%. At least I can discharge the personal loan through bankruptcy if shit ever hits the fans. And the loan will be paid off by 2025 at this rate. If my conservative crypto holdings don't turn a big profit by that time, then we're all wasting our time on this shit.

>SoFi
is there a place i can get a personal loan online without needing to make 100k a year to do so?

Student loans are at $50k now. Car loan is $19k. I have a mortgage but I don't consider that debt in the same sense as my home value continues to appreciate.

Debt isn't inherently a bad thing you just need to leverage it right.

29
40k Sal
5k on CC.

23
7.5k student loans
Graduate at the end of this semester like. Waging at McDonald's for now. Gonna try to get I to banking next.

I'm kind of at the point in my life where everything can either start improving or my shit can get fucked up beyond repair

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24
~40-60k a year depends on the weather
CC debt 1.2k
Car debt 6k
Student loan 10k
Other debt 6k

Walton will moon I know it

Age:39
Income: 320k a year
CC debt: 0
Home debt:371k
Car debt: 0k
Student loans:410k
Other debt:0
401K: 580k
170k link
Either retire in a year from link or 5 from work

Probably not. I looked at a few other popular lenders and the max they'll give out is like $40k with an interest of 10%+. I imagine interest rates would be much higher for someone with poorer credit or income.

>28
>0
>$10,000
>0
>0
>$150,000
>$23,500

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$40k in student loan debt. Make $65k a year and have $52k saved. I'm trying to have it all paid off in three years.