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Forum
-> Household Management
-> Finances
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amother
OP
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 Sun, Mar 08 2020, 8:18 am
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We have no personal debt, but about 20k on a cc that was used for a failed business. None of it is interest as we have been paying minimum and It is zero percent interest for a few more months. It is unfortunately linked to my husbands name/ss number in addition to the llc, as it was a new business and this was required. I don't want to build up interest or more debt but the business failed and would have a hard time shelving out that money from our personal funds needed for other things. Any advice?
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Gingy3
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Sun, Mar 08 2020, 8:53 am
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Call angels of debt they can help you settle the debt down to a smaller amount.
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amother
Mint
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Sun, Mar 08 2020, 10:09 am
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Some credit cards have a 0% interest for the first year; can you look into transferring the balance to a new cc and continuing to make minimum payments?
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amother
Puce
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Sun, Mar 08 2020, 10:43 am
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Dave Ramsey has a debt snowball system along with budgeting anc thousands of people have been successful. Check him out
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