Fresh Grad with Debt and No Stable Income Yet — Need Practical Advice
23F graduating this May (Elementary Education) and currently living in Cebu province.
During OJT, my small online selling business declined and I also got scammed by a supplier. Because of that, I relied on installments and loans for expenses while finishing school.
Current total debt is around ₱200k from:
- BPI
- BillEase
- Atome
- GCash
- Shopee
- personal utang
Current situation:
- no stable income yet
- fresh grad
- no work experience
- no more business capital
- trying to avoid taking new loans
I’m not asking how to avoid paying. I want realistic advice from people who were able to recover slowly from debt.
Main questions:
- Which debts should be prioritized first?
- Is restructuring worth trying?
- For those who became unemployed before, what helped you recover financially?
- Are BPO/ESL jobs realistic for fresh grads from the province?
Thank you.