The S2000, I didnt pay for, is paid off. The Grand cherokee was paid for in cash.

The bike is financed. Its my only "Car payment" and "Insurance payment" during the month. I dont see what the problem is with me having the bike.

I could see where you guys think Im struggling to pay for these 3 things, but 2 are paid for. Like I said, I only have the bike payment and insurance payment for the bike.

Problem with selling the S2000 is that yes, It will pay the CC debt now. I will want another S2000 and with that comes a car payment which I do not have now. Everybody knows that there is a beauty in no car payment.

Were going on Monday to discuss a loan with the credit union. A buddy of mine told me that if they were aware its for debt consolidation that they would most likely approve. Also that they are easy to get.

PLYRS - I thought you were trying to tell me what I paid for the vehicles. Yes.. Im well aware that thats what they are worth. The bike is still worth more than $5k. S2000 is worth more than $15k too. The Jeep however.. Id be shocked if someone paid me for it period..

Im getting the vibe from some of you that you expect me to be way more established than I am. Almost like you look down on me for not having $30k in the bank, everything I own paid off, a house paid off and a ton of investments. Thats definitely where Ill be someday but Im 19. I choose to work alittle more than I absolutely have to and concentrate on school.

 

so you'll sell the s2000 that your parents bought and buy another one and pay for it yourself?

 

I don't think we're speaking like we expect you to be more established.

I do think some of us think you're living an adolescent fantasy (which is fine) and living beyond your means.

The way to GET established, with $30k in the bank and $150k in cars with a house and a career is to know your limitations. From some of us established "old farts" we can say that we didn't get here from the place you're at right now.

My $0.02 is that the "Me" generation does not accept the concept of ANY delayed gratification and outspend their means because they think the "deserve" the high life. Even if they're making minimum wage with a high school education, they should be balling in Bentleys overflowing with champagne and jewelry....

 

I'm willing to take bets that once the OP & his girlfriend get this loan to pay off this debt, she/he will run up new credit card debt and still have the loan to pay off, and brand new credit card debt

The OP's girlfriend needs to get a 2nd or 3rd job, pay off this debt and cut up the credit card herself.

It's soooooooo easy earning credit card debt--but it's sure a bitch paying it off, ain't it?

 

Dumb her, get her out of your account, make her deal with her own shit.

you take out a loan with lower interest, pay it in non-rotating account.

 

Well, then just ask your parents for $4000

 

I'm not expecting you to be established, but I was hoping that you would be a little more mature about the situation.

Your girlfriend has debt. You say it's HER debt, so SHE has to pay it off. Yet, you're living with her, you share a bank account, and you don't want her to work more because she cooks and cleans for you. Well you know what? Like it or not, it's your debt now too. The problem is, you're acting like a 19 year old, but living in a situation that most people aren't mature enough for 'til they're 30. I guess some of us were just hoping that you'd act more like a 30 year old, but alas twas not the case.

 

So, I really can't bet against you. . . but I'll call the over/under on the future 2nd card at $6700

 

I'll take the over FTW

 

He said he has no debt, so that's what I took from that...

The vehicles have more value as collateral than if you sold them - think of the posting, tax, etc associated with selling. Just get a low interest loan and pay the CC off.

Personally, I don't see why a 19 yr old needs two cars and a bike, but I don't see the need to sell them. Its not the best money management scheme, but at least you don't owe on all three vehicles.