Loans And Credit

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I'm currently completing my pre-req's at a local community college and working part-time. My credit at this point is horrible and I am thinking of filing bankruptcy so that I may have the chance to rebuild it in time for nursing school. I am hoping that I will not have to work while in nursing school and I am afraid my credit may hinder my abililty to obtain student loans. What do you guys think? Is this a bad idea? I am married and have two small children, ages 2 and 7, and we are just making enough to get by. My situation will not be changing at least for another 4 years I HOPE!!

Sounds like we're in the same boat. You almost made me cry curlysue :scrying: I know how it feels to not have anyone understand and also critisize you. But I'm so happy that you're taking the opportunity to improve your life! We shouldn't be punished forever for earlier stupidity. Stay positive! Stay focused! My nursing program just sent me a "rules & regulation" type packet and in bold type it stipulated that students are not to work over "8-10" hours per week. I have 5 kids of which I get no support for 3 (they can't find him) and a total of $70 per week for the other 2 (the one I exemplified my stupidity with who owns a profitable barber shop). And still I kept my grades up and got accepted to the #1 Nursing College in Illinois- Woohoo!!!! And all this was while being showered with negativity from EVERYONE. Don't worry about what you have to pay back (within reason). Most RN programs include a cost of living into the aid package. This is the only reason that I am able to go to college. They include my living expenses (which cover my rent) as well as transportation, tuition, etc. I've heard about the difficulty of the nursing program and since I plan to pursue my education beyond a BSN (I want to be a Nurse Anesthetist) that requires an almost flawless GPA, I plan to utilize every advantage possible to be able to just concentrate on my studies. It's worth having to pay back what I consider a minute amount of money in comparison to the rewards I will receive in the end. Stay positive girl! And let the negativity roll off your back. You'll be the one laughing in the end.

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And by the way- I wish I had your beat up car! I have been on foot for 3-1/2 years (my ex got parking tickets on my car) and was told I NEED a car for clinicals because all of them are not accessible by public transportation. So I spent my entire tax refund check to pay them off (not enough left for a car lol). But I still smile...

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Congrats on getting accepted to UIC, I've heard it's great school! It looks like we have more in common then you think. I too want to become a Nurse Anesthetist. I am from Texas and would love to move north so UIC was actually one of the schools I am hoping to apply to. That is if I make the grade; so far I am off to a good start. You seem to have really made it through some tough time and I hope I can be just as strong. You are an inspiration.

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Great thread, keep your chin up guys, there are a lot of us women in your shoes, sometimes, MEN bite the hands that fed them -- but life is a circle. Keep looking forward. Things always seem worse before getting better.

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That's funny cuz you are an inspiriation to me. And my husband's sister lives in Texas where he wants to move to be away from my family (which honestly is never involved in our lives at all)...but another story...You remind me of me when I only had myself- which is the same as now. Let me know any questions about UIC and I'll be MORE than happy to assist you.

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My problem was and is that I don't make enough money to cover my living expenses and still make payments on these things.

ahem.

your living expenses now include payments on outstanding bills (credit cards, medical...).

thus

you spend more than you make

It is irrelevant how you got there. the real question is

what are you going to do about it now.

no one is criticizing but these are the facts of your financial situation as you posted them. You cannot make financial decisions based on emotions OR excuses.

you would be wise to investigate some financial sites that deal with getting out of debt and the roots of overspending.

http://www.suzeorman.com/igsbase/igstemplate.cfm?SRC=DB&SRCN=&GnavID=2

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