Advertisement

Anonymous

19 Nov 2019

∙

I’m HH(lowest credit rating) on the Credit Bureau and I’m currently awaiting on my RNF to be a Financial Advisor. I have zero savings and $25k debt in rolling credit and credit cards. I’m the sole breadwinner. What should I do?

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Moto Network

18d ago

Being HH with $25k in revolving debt while being the sole breadwinner is incredibly stressful. Prioritizing a structured repayment plan (like the debt avalanche method) and speaking with a free financial counselor could help stabilize things before your RNF comes through. Protecting cash flow right now seems key. Wishing you strength during this transition like https://batvisa.org/

Reply

Save

Moto Network

18d ago

Hi

Reply

Save

Lynn Kiyomi

19 Nov 2019

Senior Consultant plus Islamic Wealth at Financial Alliance (largest IFA in Sg)

Hi, I hope your situation has improved since Sept 2018. (Apologies, I can't seem to do a line break,...

Write your thoughts

Related Posts

I'm 28, will credit $2240, currently hv SGD15k (full savings) and wld like to ask which bank has better interest (includes salary, credit card and bills payment ). N if $75k saving which bank is good?

Hi all, I have a DBS multiplier account and want to increase my interest rate. I'm currently spending less than $600 per month, should I still get a credit card (I'm looking at Live Fresh CC)?

If I have credit card debt, is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate? ?

I'm currently in a credit card debt and tried to work on the snowball effect method, but it still did not work. What should I do?

Is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate?

Related Products

Standard Chartered Simply Cash Credit Card

4.1

176 Reviews

Standard Chartered Simply Cash Credit Card

Up to 1.5% on eligible spend

CASHBACK

Unlimited

CASHBACK CAP

$30,000

MINIMUM ANNUAL INCOME

UOB One Card

4.1

166 Reviews

POSB Everyday Cashback Credit Card

3.9

199 Reviews

Related Posts

I'm 28, will credit $2240, currently hv SGD15k (full savings) and wld like to ask which bank has better interest (includes salary, credit card and bills payment ). N if $75k saving which bank is good?

Hi all, I have a DBS multiplier account and want to increase my interest rate. I'm currently spending less than $600 per month, should I still get a credit card (I'm looking at Live Fresh CC)?

If I have credit card debt, is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate? ?

I'm currently in a credit card debt and tried to work on the snowball effect method, but it still did not work. What should I do?

Is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate?

Advertisement