I’m a regular university foreign student.
I’ve been spending on credits and the debt is now gone to $6000, which I must repay by next month or legal action will be taken.
with only $700 in my bank account, I do not know what to do.
As a student, I do not know how to repay the debt by next month… as a foreign student, I do not know who else i can depend on too.
I’ve been in denial stage for quite sometime, which causes this debt to grow.And I find myself going into denial again,with my brain telling myself everything is fine and ok…
I think I need help.
There were times where I only hope to jump down from a top building but my logical brain tells me it will not help made me feel better or solve the problem.
But my brain has no solutions. It’s like It’s trying to punish myself for what I did.
I could feel my brain saying ” You deserve this ! you stupid, shortsighted, money spending-addict! ”
I will go crazy soon. I need help.
I feel like freezing the time now, because every moment which passes by bring me closer to the payment deadline.
Someone please help.
4 comments
Ok, how are someone supose to help you? give you money? No thanks….
Thankfully a person which actually cares that they are in debt, most American citizens that are a daddy’s girl or mama’s boy would just shruck/dump the responibility.
Take a deep breath, ………. pause, tell yourself everything is going to be ok, becausee it is going to be ok.
First off, the creditors can’t eat you.
Start off by destroying the credit/debit card, if you can’t pay cash for it don’t buy it.
(If it’s food, there are always other ways to eat in America) Churchs, food lines, The Salvation Army, etc.
Take a look at your bill and see what the interest is on your account. make out a check for that amount and Right on the Check Apply to interest.
It’s been some years now, yet I was $40k in debt. I had multiple credit cards and various loans.
I started with the largest debt, paid the monthly note and sent a second check with as much as I could afford to send and wrote on the check Apply To Principle Only.
The otheer cards I was only paying the interest on the debt until the debt above was paid off. Then I took on the second largest debt and repeated the process.
They can’t kill you and eat you.
If you are receiving harrassing phone calls change your phone number.
Good luck
Hi,
I recently read a newspaper article dealing with your predicament.
Rather than jumping off a tall building, you need to contact a debt advisor/consultant. In many countries, such a service is offered free by the state.
They will be able to help you manage your debt through planning and they can liaise with your creditors, reaching a mutually beneficial agreement on repayment.
Remember that driving you to suicide is in nobody’s interest, definitely not your creditor’s. That way, they don’t get their money at all.
A debt consultant can also advise you on your rights, and in most countries, you actually have quite a few rights, even when you owe someone money.
Together, you can create a manageable repayment-deal, ensuring that you don’t starve, and your creditors get their dues.
If you can’t find a state-sponsored debt consultant, go to your bank. Helping you in these situations is one of the things you pay them for. And remember, restoring your private finances to good health is in their interest too.
Did that help, or…?
I know it’s a small amount .
But when they say legal action against me
I freaked out cause I’m foreign student here.