26 year old in debt and attempting to hustle my way out
I’m an amateur so tell me if I’m missing any figures
Savings: $3100 (attempting to have an emergency fund)
Debt:
High interest bearing predatory loan from one main
$15k
Credit cards: $500
Student loan:
Delinquent/derogatory payments in collections
Prior eviction: $8k
Unpaid Car insurance policy: $450
Income:
$5000/month
Budget:
Rent/utilities: $1800
Loan repayment: $516 (since 09/24 have only paid off 2k)
Car insurance: $480
Subscriptions: $20
Eating out/misc: $300
Student loan: $150
Gas/car expenses: $100
Total expenses about $3500
Credit score
FICO- 680
TransUnion- 700
I don’t know where to start. The one main loan is really keeping me down. I pay $516 and the. Amanda doesn’t even budge. Where do I start, working on rebuilding my credit to one day buy a house. When I google they say bankruptcy is a feasible option. I tried using a debt management plan but they couldn’t help me much because my loan has my car as collateral and my credit cards are pretty much up to date. ANY ADVICE ALLRECIATED