Transcript
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So I made the silly mistake of paying for a semester of college using a credit card. Um One semester I thought it was my only option, and so I didn’t want them to drop my classes. That was, like, the most ridiculous thing looking back at it. But um Best Egg Personal Loan helped me tremendously to consolidate, um get a much lower interest rate so it was more manageable to pay off very quickly. And they have an app.
You know, they’re easily accessible financial tool. You can get in there, kind of see a bigger view. And I think that helps you get ahead. The worst part about being in debt is just you feel like you just can’t get out of it. Like you’re paying and you’re paying as much as you possibly can with your paycheck, and it’s just not making a dent, like when the interest is that high. You feel like your back’s against the wall, and they just came through so quickly for me.
In life sometimes, things just get a little bit out of control. Um Best Egg Personal Loan, probably the best thing I could have done. I feel like I made the right decision um going with the Best Egg Personal Loan because it’s like giving you a fresh start.
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Looking back, Shanakay admits she made what she calls “the silly mistake of paying for a semester of college with a credit card.” Unfortunately, student debt is a problem many Americans face today. The Education Data Initiative reports that 20% of all American adults with undergraduate degrees have outstanding student debt.
In the moment, using credit to pay for her schooling helped her achieve an important goal. But over time, the high-interest debt became harder to manage. Even as she made payments, it felt like she wasn’t making the progress she wanted, pulling focus away from her future goals.
Shanakay knew she wanted a better path forward. She didn’t want to keep juggling high-interest payments. Feeling like her debt was standing in the way of her goals, she began looking for a solution that would make her finances easier to manage. She needed a way to help her make meaningful progress.
She says a Best Egg Personal Loan helped her consolidate her credit card debt into one payment with a much lower interest rate. With a payment that felt more manageable, she was able to pay off her debt more quickly. She has since been able to start rebuilding her financial future.
For Shanakay, the biggest change wasn’t just paying down debt. It was the feeling of confidence that came from regaining control of her finances.
Today, she says the experience provided a fresh start. Instead of worrying about high-interest debt, she’s able to plan for what’s ahead. Shanakay continues making progress toward her financial goals.
Her story is a reminder that one financial decision doesn’t define your future. What matters is taking the next step, learning from the experience, and finding a solution that helps you make progress.
Watch Shanakay share how simplifying her high-interest debt helped her build a stronger financial future.
Related Resources
How Debt Consolidation Loans Work: A Complete Guide
15 Money Management Tips to Improve Your Finances
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