What can I do with 100k Equity, No Job, No Income, CC Debt, Biz Ideas?
Some might remember my thread a few months a go.
I took all the comments aboard and realized it was not a good idea to sell my property. I still regret selling my other property a couple of years ago even if it had a few issues.
So I looked into some of the suggestions including House sitting. Put a couple of ads in but no response.
I have tried very hard looking for a job. I got a couple of trial jobs but with big failure, I just seem to have bad luck with jobs, everything goes wrong. Think of all the comedies you have watched over the years and put them all together and you get a glimpse of my experience.
I tried everything. I just got sacked again 1 hour in of a 1 day trial a few days ago for screwing up a machine.
All this time I have acquired a huge credit card debt (just under 10k), I applied for an increase with my bank as it nearly maxed out. I was refused by the Indian call centre worker. After I complained they reviewed it with the Australian staff and approved the increase I requested I don't plan to use it but it's good to have that in case of a worst case scenario. I also was relieved to see I still have good credit which was more of a concern than anything.
I went and seen community budget advisor and he gave me some good info. The only thing he could do was get the bank to suspend my CC card and let me pay the debt off. I asked for rain check as I was worried this will effect my future loan applications etc but I said it gives me a last resort option. I have since been looking even harder for jobs and got a couple of unpaid trials but they all failed.
So now I'm really tired of looking for jobs 24/7, getting them and getting sacked within hours.
I have to go back to my online business which is what I'm good at but I need a breather in my debts.
So I want to know is there any chance I can get a loan off my equity which I guess is at 100k tops?
The problems is I have not much income recently. I even had to sign up for centerlink several months back although that my main back does not see that.
I was thinking to get Equity to"
# Pay of my CC debt
# Get loan to invest in my online business
# To buy a low priced property to renovate (would need loan to renovated as well)
The last one is what I would love to do but I have doubts I can eve get equity with my low income recently.
Any ideas feedback especially on the equity would be appreciated.
Some might remember my thread a few months a go.
I took all the comments aboard and realized it was not a good idea to sell my property. I still regret selling my other property a couple of years ago even if it had a few issues.
So I looked into some of the suggestions including House sitting. Put a couple of ads in but no response.
I have tried very hard looking for a job. I got a couple of trial jobs but with big failure, I just seem to have bad luck with jobs, everything goes wrong. Think of all the comedies you have watched over the years and put them all together and you get a glimpse of my experience.
I tried everything. I just got sacked again 1 hour in of a 1 day trial a few days ago for screwing up a machine.
All this time I have acquired a huge credit card debt (just under 10k), I applied for an increase with my bank as it nearly maxed out. I was refused by the Indian call centre worker. After I complained they reviewed it with the Australian staff and approved the increase I requested I don't plan to use it but it's good to have that in case of a worst case scenario. I also was relieved to see I still have good credit which was more of a concern than anything.
I went and seen community budget advisor and he gave me some good info. The only thing he could do was get the bank to suspend my CC card and let me pay the debt off. I asked for rain check as I was worried this will effect my future loan applications etc but I said it gives me a last resort option. I have since been looking even harder for jobs and got a couple of unpaid trials but they all failed.
So now I'm really tired of looking for jobs 24/7, getting them and getting sacked within hours.
I have to go back to my online business which is what I'm good at but I need a breather in my debts.
So I want to know is there any chance I can get a loan off my equity which I guess is at 100k tops?
The problems is I have not much income recently. I even had to sign up for centerlink several months back although that my main back does not see that.
I was thinking to get Equity to"
# Pay of my CC debt
# Get loan to invest in my online business
# To buy a low priced property to renovate (would need loan to renovated as well)
The last one is what I would love to do but I have doubts I can eve get equity with my low income recently.
Any ideas feedback especially on the equity would be appreciated.