I'm $150,000 in Credit Card Debt and Don't Know How To Get My Life Back

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I'm $150,000 in Credit Card Debt and Don't Know How To Get My Life Back
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5 дек 2021

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Комментарии : 299

@garronl.7989 2 года назад

So he has a settlement of over a million and makes a little under $200k but can't find a way to pay the $150k in debt down/off? Sounds more like his emotional health is holding him back.

@HamiltonRb 2 года назад

Agree, this guy is no mental state to be haggling with creditors at the moment. For the amount he will save on debt, and the emotional toll this is taking, I would pay a lawyer to get this settled asap for lowest amount, and focus on his mental well being.

@matthewgardner2144 2 года назад

Poor guy is a complete mess.

@twinturbo3461 2 года назад

When I first heard the caller I thought he was 150k in debt and barely making ends meet.. when he said he was getting a million dollar settlement I just had to shake my head and think to myself "what is wrong with this guy, use that money to pay it off and regain control of your life". Some of these calls are just no-brainers.

@lanaorene1935 2 года назад

I think that’s why Dave was trying to figure out where his head was .... because it should be a no-brainer. He doesn’t even have to haggle with creditors- he doesn’t have a financial issue- just mentally and emotionally crippled. Perhaps therapy. Poor fuy

@sharishines99 2 года назад

Poor thing does need some assistance and therapy. With seven figures he needs a trustworthy accountant to sort and pay the debt off and invest the rest (also invest in himself with a great therapist and support group). Keep six months worth of emergency fund.

@odelllucas 2 года назад

That was a painful call. I make $200k per year and won a settlement for over $1 million... how do I pay $150k in debt. Really dude 😒

@Melissa.712 2 года назад

😂🤣some people are upside down

@Mo-wq1oq 2 года назад

Thanks for the breakdown. I'm not even gonna watch this one lol.

@cesaravegah3787 2 года назад

He is on a bad mental state, maybe he only needs a little simpathy, sometimes we are too judgemental.

@jimroscovius 2 года назад

@@cesaravegah3787 No, he needs to pay his bills. No excuses.

@EarlyBirdCraft 2 года назад

Sounds like he’s so happy and wanted the world to know. What a clown

@davidmilhouscarter8198 2 года назад

He makes $200k per year and has a seven figure settlement… he should be able to pay back the $150k in five minutes.

@Nite_coder 2 года назад

A recovering addicting receiving millions of dollars in a settlement is a recipe for relapse and chaos. I am worried for him.

@SDR-TV17 2 года назад

Agreed - hope this man finds his balance and way in life to figure it out before it’s too late. 🙏

@roadrunner9622 4 месяца назад

Yep. And you can tell by the shakiness and fear in his voice that he hasn't truly overcome everything. He's simply won a 3-year contest of wills.

@1div2agent74 3 месяца назад

Not always. He only used a few years out of 31. I'm 38 and was a heroin addict for 2 years of my life now I'm close to a millionaire

@yamamancha 2 года назад

Unfortunately, people like this spiral over the edge all the time. Some may view this as bragging or flexing, but I hear a guy who's two steps from the ledge and sometimes people like this drag others down with them. Start by paying off all your debt in order to return to zero. Then find a counselor or therapist who can help you begin to look in the mirror. This guy has money, but he may as well be standing in quicksand with a suitcase full of cash under each arm.

@darkman35 2 года назад

Im a little confused on this one... he has a 7 figure settlement, makes 200k + a year but a 150k CC debt? What's the problem? Just pay it off.

@mikemcnut3204 2 года назад

I love how Dave cuts through the bullcrap and asks the real questions. I learn a lot from that energy.

@darrenruben4108 2 года назад

Yes otherwise person will go on tangent

@cincinnatislider 2 года назад

Pro tip: talk less… Listen more…

@Ostro1980 2 года назад

I don't see the problem here.

@Matt-gf4gd 2 года назад

Right? You're 30 making just under $200k. Cut back and save and you can be debt free in a couple of years easily.

@ImSeriously2123 2 года назад

For real!! He needs a little bit of direction but otherwise he could probably pay exactly what the debt collectors want and still come out just fine!! Always haggle with them tho!!

@jamess9808 2 года назад

I hate these people calling in with money's problems that make over 100k / year

@nychris2258 3 месяца назад

The problem is this dude is not sober... he's loaded

@xxpowwowbluexx 11 месяцев назад

This went from “He’ll never pay that off; he’ll need to file bankruptcy or negotiate it way down” to “Oh, what? You make $200,000 a year? You can pay it off” to “Seriously? You’ve got a 7-figure settlement check on top of your income? Now you’re just humble-bragging on the air.”

@gmualum08 10 месяцев назад

Yeah making $200,000 plus a seven figures settlement, that debt could be erased instantly

@trent797 2 года назад

How does this guy have a $200K job in NYC and he doesn't even know how to figure out where his debt is?

@Violet._.PhoeniX 2 года назад

Literally

@frankt7521 2 года назад

Made up story.

@Darkpara1 Год назад

The debt could have been sold a few times and is in collections.

@mattesser5027 Год назад

@@Violet._.PhoeniX Yeah and he can't shut up from bumbling and being helpless "GEEEEE I DONT EVEN KNOW WHERE TO FIND THESE PEOPLE HEEEE-YUCKKK"

@TheTbabylati 2 года назад

He seem overwhelmed. Dave was definitely the right person for him.

@nychris2258 3 месяца назад

He seemed loaded

@jaysmith6013 2 года назад

I empathize what he may be going through emotionally, but come on man. He’s got all the resources needed to get help and cleanup the financial mess. At this point he literally is the only one in the way between himself getting well or staying sick

@milannafritz4584 2 года назад

I feel like what others are overlooking is that this man is probably overwhelmed and calling a role model/reaching out to make sure that he pays off this debt in the best way with this settlement: besides, most people will have financial coaches who would urge him to invest this rather than use it on the loan.

@timothyjohnson679 2 года назад

Exactly! I wouldn't want to blow through it, and I think that's why he's scared and reaching out

@cataranneth8517 2 года назад

@@timothyjohnson679 I agree....

@WorldOfMellie 2 года назад

This isn’t a bragging call he’s just finally facing the mess he made trying to smooth the pain of losing his dad. Settlement money from someone’s death doesn’t feel like yours (blood money) yuck. People need to have some compassion.

@user-zv9oh4kb7l 2 года назад

💯

@johnSmith-uz8nl 2 года назад

bragging... no. Drug addict... YES. The fact that he still has a job is amazing and he also sounds like he may not go back to drugs, but you never know.

@msfitbrown48 2 года назад

Right 💯

@LBmustwin12 2 года назад

There’s some other problems here outside of money. Hope this guy gets it together.

@paolaristori6179 Год назад

Or perhaps all not all the debts are legit

@jimroscovius 2 года назад

This guy has the money to pay. There are no excuses. Pay. Your. Bills.

@k.d.k1250 2 года назад

What is so hard about paying this debt when you are making $200k unless you are in a depressed state of mind! I hope he gets the help he desperately needs!!

@rnt45t1 2 года назад

New York City.

@user-rw8zj1td9v 2 года назад

depends on mortgage/rent etc...200k after taxes is more like 167k. Still good, but that's a lot of debt to pay off if you have a lot of house/rent in NY etc

@alp.9672 2 года назад

@@user-rw8zj1td9v did you watch the video he has lawsuit money too on top of 200k salary

@user-rw8zj1td9v 2 года назад

@9INE PLANETS no I didn't listen that far, I couldn't keep listening to him talking over Dave lol

@alp.9672 2 года назад

@9INE PLANETS probably some rich kid with connections, he sounded like an idiot

@danieln.2590 Год назад

Dave: $150K? what did you buy? Caller: I didn’t buy anything Me: LOL

@twistinacolina9160 2 года назад

I think he needs therapy to understand how to deal with everything. He sounds so overwhelmed. It isn't about all the money. Its about not knowing how to manage the finances and if you have failed in the past there is a real fear you will lose it all again. I hope he gets some help!

@eliteusedtires8186 2 года назад

Who’s paying this guy $200k? Lol

@kuryanthomas1438 2 года назад

probably could be a finance bro

@EarlyBirdCraft 2 года назад

He’s full of 💩

@defmachine77 11 месяцев назад

Hahaha I'm a year late but oh man I was thinking the same thing!!!

@sarazink2237 Год назад

Lol no kidding lol geez!

@MyBathBakery 11 месяцев назад

EXACTLY 😂

@LaMaiStyle 2 года назад

A death will change a person’s habits. After my brother’s death I changed.

@hannahalexie5158 2 года назад

Ok I listened to this hoping to feel better about my situation and I feel worse 😂

@Black____ Год назад

😂

@rons.6683 2 года назад

Caller: My ex is stalking me and threatening to kill me. Dave: What’s your household income?

@michellemybelle22 2 года назад

He needs treatment for depression. I hear terrible sadness and despair. God bless him and keep him.

@Jelly._.cat._.1 2 года назад

Reading the comments here is concerning. This guy is clearly in trouble mentally. He’s afraid after he gets the money he’s going to have no purpose in life and blow all the money away on drugs and what not and then end up in a gutter. Hope this guy gets some help (weekly). Dave gave great advice too

@littlesongbird1 2 года назад

If he was my friend and got that money I would suggest he put in a trust or something that he can't access to a certain age (like a retirement account) that way he can't be tempted to use the money for drugs.

@djpuplex 2 года назад

Taking responsibility is key to life. When you always have excuses you never have a problem.

@javierhuizar4207 2 года назад

Needed John here on this call

@itsmepowerking 2 года назад

Dave is just awesome! Great advice.

@dwyaneengle9621 2 года назад

Dave keep up the great work you are doing 👏 👍

@jp6993 2 года назад

Mark is saying & clearly looking for someone to do his dirty work for him. He is looking for & willing to pay someone to negotiate & settle his debts on his behalf which is why he was looking at consolidation &/or an attorney. Emotionally too weak to do it himself.

@marioeduardoferreiraruiz Год назад

Exactly, pretty much. He is used to the easy life, the type of life where someone else does the hard work, the ‘real’ work, behind the scenes, while he plays to be an adult’, look successful and continue having that extravagant life, which he might have had when his ‘daddy’ was alive. Now that ‘daddy’ is gone, he has to grow up, manage his inheritance and figure out a way to pave his own future with what he was left, now that dad can’t do it for him anymore.

@TheoRhoades 2 года назад

He's extremely nervous and scared. I'm getting the feeling he's not telling the truth somewhere.

@littleripper312 2 года назад

I like how Dave doesn't demonize people who have had addiction issues or made mistakes in their life. So often people act disgusted at people who have had addiction problems and it just further isolates them. This guy needs some serious addiction help from professionals going forward if he's coming into any money.

@furkanozdemir1606 Год назад

continuously helped me like you have. I thank God for your presence in my life. Thanks a lot!!!

@daba788 2 года назад

How can you make $200k a year and have a million in the bank and not know how to pay $150k in debt???

@marioeduardoferreiraruiz Год назад

Because his dad used to do everything for him, while he enjoyed playing ‘adult’. Now dad is gone, and life is hard without dad.

@marywebb9127 2 года назад

Praying for him 🙏

@plants4thewin 2 года назад

Good lord what did you buy? Me: "He didnt buy a phone"

@davidfoulk3078 2 года назад

OMG that guy is about learn a lot and if he has the right mindset and stays focused, it could end up being somewhat a fun experience cuz he is definitely in the drivers seat!

@davidfoulk3078 2 года назад

Oh and one more thing, if it’s in writing that bill is settled and not paid in full, a big deal when it comes to rebuilding FICO scores, I would negotiate to settle debts at half of original balance or less!

@dustincheatham7348 2 года назад

come'on man! your 31 with over a million dollars. I don't get this guy...good advice as always sir!

@gessrinky9129 2 года назад

Something is off still. Very scattered brained.

@EarlyBirdCraft 2 года назад

What’s the question? I don’t get it

@monicadhenderson8670 2 года назад

Just love Dave!!! Always helping people with no strings attached!! May Father Yahweh Bless you 🙏🏼🙏🏼🙏🏼

@authenticallyshawnte 2 года назад

The man is still hurting, you can hear it in his voice. God heal him!

@IgoOutlateAtnight 2 года назад

Dave at 3:12. "Over a million??" (In settlement debt) Caller. "Yeah" Dave. "Ok cool"

@Kysen10 2 года назад

makes $200k and doesn't know how to pay down debt? you gotta be kidding me!

@littlesongbird1 2 года назад

For real: you can live of 50k a year if you budget right which means he can pay that CC debt off in a year.

@TimeisUp22 2 года назад

*Caller:* I cant get my life together *Dave:* How much do you make? *Caller:* 200k per year 😑😑😑😑😑

@joycew.6531 2 года назад

LOL!!!!!

@johnSmith-uz8nl 2 года назад

Drugs... it is the true killer.

@portiaowusu1706 2 года назад

This is definitely ready to change!!!

@emmyty 2 года назад

He has the problem in one hand and the solution in the other...needs to clap. 👏👏👏

@matinsorkson 2 года назад

this video is good

@dominped23 2 года назад

This isn't a personal finance issue deep down, it's an emotional issue. Until the mental/emotional issue is fixed, everything Dave says is in one ear and out the next. This guy needs help, Dave's just answering how he knows to, he's not a therapist

@fabbz94 2 года назад

Money doesn't matter when it comes to these situations. I hope he talks to a professional to get him on the right track. He needs someone to push him to pay off his loans.

@jaghad 2 года назад

I wonder why Dave always call the guys/gals trying to collect the debt scumbags. The way I see it this guy, a grown man, accountable for his actions, borrowed money, to do drugs, and now he would love to stick it to them.

@DisabilityExams 2 года назад

Dave believes people bear no responsibility whatsoever for the money they borrow. He's an enabler.

@alexlewis8143 2 года назад

Because they call me for hospital bills from when i 15. And threaten to sue me.

@ezzeldin3714 2 года назад

It's because of the way they demand money

@lilcajunqueen888 2 года назад

@@ezzeldin3714 so if you owe someone money how should they ask you for it back?

@marksr20ser 2 года назад

If this guy doesn’t want to call these people and take care of this, I’ll call for him at the price of $5000 a cc settlement lol

@user-ww1wh3wz5d 2 года назад

As soon as i heard NYC i was like well yeah there you go

@mikeg7430 Год назад

And here I am crying over 300 bucks debt

@robloxvids2233 2 года назад

The delusion of some callers never ceases to amaze me. "Im 150k in debt." "What did you buy?" "Nothing."

@staceyalbert2658 2 года назад

I'm not sure that is delusional in this case. He bought drugs. I guess you can consider that "something" if you are being technical about it, but he consumed those drugs and they caused him a lot of problems. He has nothing to show for the $150k, because he swallowed/injected/snorted what he bought.

@craigbannister7826 2 года назад

@@staceyalbert2658 so what. Even if you bought food and then ate it. It still counts as buying food.

@my2moneypits 2 года назад

Guy: my dad died and I have a drug addiction Dave: how much you make 😂😂

@raallen1468 2 года назад

Why do i think this call is a hoax?

@Monae6890 10 месяцев назад

Why did he even call if he has more than enough money to pay his debts off? Only person holding this man back is himself

@vintagesounds7740 8 месяцев назад

I own 10k for one credit card and here I am freaking out about making payments and going further into debt, when I should just keep a clear head and focus on tackling the issue.

@ralphholiman7401 2 года назад

Everyone has a breaking point. Some people are lucky enough to never find what theirs is. But once you found it, and find yourself having to rebuild your broken life, you never really fully trust yourself again. Because you think if it happened once, it could happen again. I know because I found mine about 12 years ago. I could have been this guy calling in.

@Cesar-pq2ck Год назад

This guy is just not okay in the head. Pay the damn debt. PERIOD!

@davidmilhouscarter8198 2 года назад

The caller is not on a budget. That’s why this is overwhelming.

@TheGeorgeous 2 года назад

Hate these kinds of humble brag callers

@mxerb5912 2 года назад

😂 humble bragging about drug addiction?

@ourownbeautiful423 3 месяца назад

🙏 for this dude, it’s in his voice. I hope he has a strong 💪 support system. This money could be the opposite of a blessing.

@ThatCho 2 года назад

He needs therapy.

@ScaryBunnyMonster 2 года назад

Honestly I find it hard to believe the things this person is saying.

@cgasucks 2 года назад

This call is a waste of time for Dave. The caller can easily wipe off the debt.

@fergusonto-2032 Год назад

I have a question , Dave says don’t give them electronic access to your checking account , which i understand but can you write a personal check to them to pay off a debt ? Or would that give them access to your checking account since the account number is on your check ?

@xxpowwowbluexx 11 месяцев назад

I would not do that. Why give them that info?

@rayhill5767 2 года назад

Operating from fear Habit Also addiction is but a symptom of a personality problem And yes 12 steps help to address the personality issue

@Overlord277 2 года назад

Callers: My life is in flames and I have lost my spiritual life. Dave: *How much do you owe?*

@ThreePuttBogeys88 2 года назад

And what’s your household income?

@Violet._.PhoeniX 2 года назад

Sell your car

@filmislife77 2 года назад

I agree this person definitely sounds like they need therapy. They say that they were good with money in a past life most of his problems are common sense.

@kyqorioskygo8999 2 года назад

If you cant pay your CC balance stop using them. It only get worst when you continue charging them.

@stellarocquie7957 2 года назад

"The reason this 'happened to me'", sounds like a self-appointed victim. . .

@sarazink2237 Год назад

He sounds a little manic and I hope he keeps his sobriety after all that money comes in. Wish him well at least he’s tryin!

@turbolabamerica 2 года назад

If they aren’t calling anymore why call them, sounds like they wrote that off as a loss already. Also, if they haven’t attempted to garnish his wages then they may not be after him. If he just quits his job if they do try to garnish his wages they likely can’t get money out of him anyway.

@ana10g 2 года назад

this call is a joke.

@Melissa.712 2 года назад

This GUY 🤦‍♂️ stay off of painkillers folks

@Ancano 2 года назад

How does this guy go from druggie to 200K/yr?

@littlesongbird1 2 года назад

Not all people with drug addictions are struggling financially. In fact, many people making higher incomes are addicted to certain things because they can afford them. Also if he was working before he had his problem, they can great him a paid leave while going for treatment since addiction is an illness.

@VeeAlee Год назад

Movies got people confused of what drug users look like.

@davidpitts3236 Год назад

Unreal.

@august9050 2 года назад

Investing in stocks or real estates are very good ideas though real estate investment seems a bit more complex. Who else is in line with me?

@kathleenstoner.n7499 2 года назад

Even with the right technique and assets some investors will make it more the others,As an investors u need to know that nothing beats experience that's why I reach out for a Professional broker NANCY LYNN LEWIS

@cazpk6840 2 года назад

Seems like a strange question but if he is new to it i guess its good to ask.

@bmbott123 2 года назад

U have the money now pay it off ?.. next call

@badactor3440 2 года назад

Using Dave's "snowball" method, he can have this debt paid off in 18 months using 1/2 of his salary. He doesn't even need to touch his settlement.

@Rahul-ty7fb 10 месяцев назад

how are these idiots making 200k with 1M settlement claiming they understand finance, but don't know how to pay off 150k? Wtf???

@ScreamGeronimo 2 года назад

Not trying to be disrespectful, but in my mind, the guy on the other end of the line is Roman Roy from Succession

@random-nz7dy Год назад

Think he needs therapy. There's probably a level of guilt interest in receiving this settlement and he's dealing with that more than anything. And scared of going back to old habits. He's extremely confident in being clean which is good but when you've had a history of substance, it's hard to truly feel 100% cured with zero temptation ever again.

@oliround 2 года назад

This caller is similar to a man on an island full of food and shelter, but he so deeply desires to leave the island. He forgot one of the lessons we all learned. "If you want to escape the things that harass you, it's not a new place you need to go to, it's a new person that you need to become."

@commonsense-og1gz 2 года назад

assuming my understanding of apr is correct, and he has say around 25% interest on all of them, then he has around $3000 in interest per month on his bills. if he is making 200k per year, then that is 16k a month. he has always had the ability to pay them off.

@l337Jeff 2 года назад

Has a million, can't figure out how to cover 150k in liabilities. Huh?

@roadrunner9622 4 месяца назад

After some learning, you can do exactly what debt-settlement companies do, and not have to pay them 15%. Although he should have done it before the settlement came through.

@cantgetright742 4 месяца назад

Call them one at a time and negotiate em. Don’t pay any of it with that 7+ figures. You can get that down by half and be done in a year.

@FJF119 2 года назад

Mark comes of as if he were 10 years old

@webfreakz 2 года назад

yet he makes triple what I make!

@imannechoi 2 года назад

Can someone elaborate on this debt buyer that he's talking about?

@john1425 2 года назад

I don't understand why Dave needs to disparage bill collectors, it wouldn't be so bad if he didn't spread outright falsehoods and lies about them. He should encourage people to have some accountability instead of blaming someone they never met for being in debt.

@john1425 2 года назад

The stuff about them stealing money from your bank account is the most ridiculous thing I've ever heard. I'm sure it has happened at some point in history to someone but I would say it practically never happens.