I'm in my last year of college and I have about $920 in credit card debt. Some people have told me that's not a lot, but I still always feel like it's hanging over my head. I'm hoping to pay it off pretty quickly when I graduate and get a full time job. Does that seem like a lot of debt?
2007-03-07 17:17:19 · 7 answers · asked by Grace1228 3 in Business & Finance ➔ Credit
i wouldn't worry about it. just don't keep racking it up and do pay more than the minimum each month. you will be absolutely fine, especially once you have a full-time job. i have far, far more than you! :-)
2007-03-07 17:21:33 · answer #1 · answered by chickyonly 2 · 0⤊ 0⤋
Some people would be jumping up and down with joy if they only had $920 in debt...That's not bad at all. No more than a month or two of part time work should be able to pay that off. I wouldn't be worried about that at all...just be sure to keep up with minimum payments until you can get rid of it all.
2007-03-07 17:25:40 · answer #2 · answered by Mr.Robot 5 · 0⤊ 0⤋
I have over three times as much credit card debt as you do, if that helps you feel better. The year after college is a really tough one, and that's where my credit card debt started really blooming. You'll probably be poor, and you'll probably feel depressed or lonely or just weird about being an adult and on your own. If you can keep the charging to a minimum during this time, you'll probably be just fine.
2007-03-07 17:27:19 · answer #3 · answered by random6x7 6 · 0⤊ 0⤋
This debt does not even count. Most people graduate college with tens of thousands of dollars in debt. I charge (and pay off) that amount each month on my credit card.
2007-03-08 00:16:06 · answer #4 · answered by CALIFORNIA GOLD 3 · 0⤊ 0⤋
I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.
2007-03-07 17:29:24 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Compared to a million dollar mortgage that's nothing. However, if you have to borrow a thousand bucks, it could be too big for you.
2007-03-07 17:25:31 · answer #6 · answered by Anonymous · 0⤊ 0⤋
no it's not.. you can work for a month and paid it right away.. don't wait you graduated before paying it.. it will goes up tremendously..
www.gandacious.com
2007-03-07 17:23:16 · answer #7 · answered by Fluffy Feather 2 · 0⤊ 0⤋