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The_Blue_Tears t1_j6pbnnd wrote

You can try to see about getting a debt consolidation loan. Here is a website showing ranges of rates and amounts you could potentially get. This can be good or bad depending on what you qualify for. Even if you're stuck at something like a 4 year term with 20% interest you'd pay $304.30 monthly, which is about the same as now. The difference is, it will be paid off in 4 years, whereas your current cards could take much longer. If you score and manage to land something like a 7 year term with 10%, you'd be paying $166 a month.

You can also look into balance transfer credit cards. These are promotional cards, with 0% interest for a limited time, usually around 1-2 years. This will help pay down your principal during this time, so it'll reduce your monthly minimums. The caveat with these are that they will likely have balance transfer fees around 3-5%. That means you'd be in debt $10300-$10500 if you transferred right now. Not great, but that's still better than the 20+% you're likely dealing with.

In general though, you should just get a full-time job in order to pay it back.

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