Hey everyone, just wanted to share my story hoping it might help someone else here. I’m not selling anything, just a person who’s been in and out of debt for the last 13 years. My situation was caused by mental health struggles, medical bills (for myself and my pets), grad school, and being overly generous with family, friends, an ex-husband who didn’t work, and a boyfriend with a minimum wage job. I used to believe money didn’t matter and paid for everything, even though I couldn’t afford it.
I’ve been a nurse for 18 years, usually doing two overtime shifts a month. At times, I worked extra jobs, but my current non-clinical position from home doesn’t allow overtime. I tried to pick up per diem shifts but didn’t hear back after applying for months. To make some extra cash, I also do Rover.
I borrowed from my 403B to pay off debt and will be done in three years. Last December, I joined a credit card debt forgiveness program, enrolling three cards and a loan. My debt got reduced to about half, and while I knew my credit score would take a hit, I wasn’t planning any big purchases or moving out of my rent-stabilized apartment.
The journey wasn’t easy—I gave up a credit card I’d had since I was 18 with a 0.9% interest rate. Still, every time an offer came through, it reminded me to stay patient. When the final resolution came last week, I cried. It felt like I could finally breathe again.
If anyone here is dealing with tough decisions like this, feel free to ask questions. I’ll try to help where I can.
Farrell said:
What program did you use for the debt forgiveness? Did they charge high fees?
I used Beyond Finance. They negotiate your debt and set up monthly payments for the reduced amount. I didn’t have to talk to the banks at all—they handled everything.
But I will say, if you research Beyond Finance, you’ll find mixed reviews. I can only share my personal experience, which has been good so far.
It’s great to hear you found help. I work at a debt relief company and love reading these stories. Debt relief programs get a bad rap, but it’s often about understanding what you’re signing up for.
Wishing you and everyone here success in their financial goals!
@Noor
Thank you! It’s a waiting game, but I’m focusing on staying patient and avoiding new debt. Hopefully, I can rebuild my credit and save enough for something in the future. For now, I’m just relieved to have a plan.
@Hayes
You’ve got the right mindset! I’m in a debt settlement program too and will finish in 2025. Staying disciplined with credit makes a huge difference. Congrats on taking this step—you’re doing amazing!