My 0% Interest Debt Is Coming Due (I Owe $50,000)
The Ramsey Show Highlights
Ramsey Network
4.6 • 682 Ratings
🗓️ 15 March 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Brought to you by the Every Dollar app. |
| 0:04.3 | Start budgeting for free today. |
| 0:06.6 | Yeah, my name is Richard. |
| 0:08.0 | I'm 28 years old. |
| 0:10.5 | So I got into a pretty bad hole of debt, all credit cards. |
| 0:16.7 | I got a house about two years ago with my ex now, |
| 0:20.0 | and I was buying stuff for |
| 0:23.3 | the house, and then we broke up, and I went down the rabbit hole of spending, you know, |
| 0:29.2 | not being pretty financial and intelligent with my money, so then I got, I'm looking at it now, |
| 0:35.9 | and I'm about 50K in debt that and I was using 0% interest |
| 0:41.1 | And now all of them are hitting that mark where the interest is starting to come. |
| 0:46.5 | Okay. |
| 0:47.4 | So the 50,000 is that 50,000 is all credit cards? |
| 0:51.6 | Correct. |
| 0:52.6 | And you mentioned you had a house with your ex. Is this ex-girlfriend, ex-wife? |
| 0:57.6 | Ex-girlfriend, because you never got married. But the house is just mine. It's only in your name, |
| 1:02.2 | okay. And what do you owe on that house? I bought it at 230. It's my mortgage now is at 209. |
| 1:11.9 | Okay. |
| 1:12.5 | And what's it worth? |
| 1:13.4 | Just curious? |
| 1:16.1 | I think about 265, 270 on a good day. |
| 1:19.7 | Okay. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.