I’m trying to figure out if taking out a loan to pay off my debt would be a good idea. I’m living paycheck to paycheck, and sometimes there’s not much left over. I’ve got $3,200 in credit card debt, but I’ve managed to save $1,000 (and I’m trying hard not to dip into that). My husband and I both work—he covers all the bills, and I handle groceries and stuff we need for our kid. I was working part-time, but now I only make about $400 every two weeks. My husband brings in around $1,500 a week.
We’re trying to save up for a car, but it’s tough because most of our money goes to bills, gas, and necessities. We’ve cut back on going out and ordering takeout to save some cash. I looked into getting a $5,000 loan, but the interest is about 33%. My credit score is 730, and I’m 22 years old. My husband helps pay off my debt whenever we have extra money, but with groceries and everything else, I keep having to use my credit card. One card has a $4,000 limit, and the other has a $2,750 limit. My husband makes about $30,000 a year, and I make about $12,000 a year. Any advice?
one may just get a burning issue 