(CAN) 24 y/o single trying to get and handle on their debt situation, how bad is it?

call the credit card companies ASAP and ask to see if the can convert your credit card to a lower interest card (there's normally 9% credit cards available).

Pay off and close the smallest credit card first, then go to next, pay off and close, for tge third one, pay off, don't use it, but keep it open. Use your debit card only for living expenses when paying debt off.

If you can afford to go carless for a few months, do it, it'll save you $200 per month that can go to your principal.

next step, focus on the 12% LOC, pay it off but keep it open, do the same for the other one.

I'd look for a 2nd job, save the $60 on xbox, and spend that time doing something like delivery (if you don't give up the car).

Your situation is manageable, but if your plan is to be debt free, it'll take some effort

/r/personalfinance Thread