So i've been sitting at my desk pondering this question. I am currently a college student and of course get financial aid but fall short each semester needing to take out a loan. I need to know your thoughts on borrowing enough loan money to cover most of my debts. If I do this I will need to still use $1,000 of my cash flow from work to pay every one in full. On one end i'm thinking wooohoo i'll be able to satisfy my obligations to every one now. But on the other end i'm thinking this is creating a new debt so to speak. I've only giving it a second thought because i'm figuring with all the interest I am paying between the various credit cards etc.. My student loan money carries an interest rate of 6.9%. Please share your thoughts you guys are the best when it comes to advice!!!!

I hit a dead deer in the road on my way home last night it was no way to avoid hitting it. My car from the looks of it according to the repair shop its totaled. I'm completely at loss as I don't have another vehicle to drive after my 30 day rental is up. However, the car is only worth about $5,000 and as you can see on my side bar I owe $12k. I'm very glad that I selected the gap option when I purchased the car. Now I have no money to buy a new car and now don't want to finance a vehicle at all. What do you do taking public transportation isn't an option as I have to drive on the beltway every morning. My job isn't in the city so its not on the bus line.