I'm 20 and i have 8k in debt i need some help.?
I am 41 and have about 300,000 in debt, (including house) WELCOME TO LIFE ! ! ! On the serious side, you can take out a personal loan, but it wont help you due to they are usually unsecured loans and have high rates. Best option is to pay the ones with the highest rates down as quick as possible. You are young, your "wants" out weigh your "needs", be smart, dont buy what you dont need.
I need a personal loan of 20,000AED. i will pay it in 6months, my salary is 5,000AED.?
Are you in UAE? if your in UAE i can leave my iphone 4s, sony viao, as collateral. i can give also my copy of passport with visa, UAE ID, labour card. if not what collateral do you want?
Is 20,000 a lot of money to owe in student loans?...?
No it is not much dept. It is just below average. The average student owes $25,000 in loans as I read in an article on Yahoo homepage not too long ago. I owed $29,000 out of college in engineering and I wanted to pay it off fast. In the past year, I spent all my money on loans spending $700/month. Now I owe just under $21,000. The average person pays off their loans after 7-10 years. 10 years is the maximum they give you. I am trying to finish it within 4 years. I will just have to wait to buy a house or a newer car. With $20,000 loan, you will probably have a minimum payment of around $220 per month.