Eric's Credit Community

Purpose of loan: 
Clear up some medical bills, catch up on mortgage, pay off credit card.

My financial situation: 
I've been making it for the last six months, but it's been a struggle. This will give my family some breathing room.

I feel like I?m sinking in quicksand, and could use a hand.

I have a good job, and side business, but six months ago, I got hit with the ?perfect storm? of circumstances that have been creating a lot of pressure for my family.

Just before my youngest son was scheduled for open heart surgery (which went very well, thank god) the company I work for changed hands. This led to a change in our health insurance plan. The upshot was that our ?out-of-pocket? expenses skyrocketed from $400 to more than $5,000.

Our co-pay for prescriptions went from under $100 per month to over $300.

The same week, I ended up having hernia surgery as well; not nearly as serious, but kept me out of work for a couple of weeks.

I called my mortgage company trying to get ahead of what I anticipated being a very tight situation ? they were cooperative, and permitted me to skip two payments. However, they then attempted to have me make those payments up with in six months, making my mortgage payment more than $1,000 higher than we budgeted.

I want to get caught up with them, and be able to take care of things other than barely eking out the mortgage each month. I have some deferred maintenance on the family car, one credit card, owing about $1,000 that I?m behind on, and want to clear up.

And of course, I?d like to provide modest holiday gifts for my two sons.Thank you.