I owe $12,000 USD on my BofA credit card and need help
I’ve been paying the minimum balance and sometimes when I can I pay more. It’s almost $600 a month and I haven’t been late paying it. I want to know if there is a forgiveness program or a way I can change my bank to a better bank that offers something like that (I know Bank of America is awful, I thought I couldn’t switch bc I had credit card debt)
That’s all I need to know + any serious advice on how to solve my problem is welcome. If you’re interested in how I got to $12,000 on debt you can read on, otherwise any response is helpful!
How I got here:
About 3 years ago I lived in an apartment that increased my rent by about $400, they said it was all in the lease that I neglected to read all the way through, so I had to start putting a portion of my rent on my credit card which had about $600 debt on it at the time.
I then lost my job and worked for AT&T door to door sales. That paid as bad as it sounds but i was blinded by the aspect of maybe owning my own llc, in hindsight i was an idiot I know so I stayed and thugged it out for a while. So now I had to put almost the full amount of rent on my credit card. That lasted about 2 months. Before I ran out of space and I requested a credit increase to $8000 and then I could put a few more months on it.
It started paying so bad I had to leave because my money is based on the sales I got and believe it or not, nobody wants an AT&T guy at their door at 8pm selling them internet.
I ended up finding a roommate but I had to wait until their lease was up to get the apartment so I had to stay in my apartment past my lease paying month to month which was almost $2,000 a month.
Alas I had to request another credit increase up to $12,000
Now I’m at a stable job but am struggling to make payments and live a basic life.