Hi everyone my name is Anmol Sinha, i am 24 years old and i am from Mumbai. This year i finally got a chance to pursue my career in music as i always wanted to become a musician , before this i was doing a job in call centre which was paying me a decent amount of money but to follow my passion i had to leave my job, during that phase i wanted to buy some gear for my music so my friend suggested me to get a credit card, so taking his advise i took one in 2015 for 40000 INR($625) over the period of time even after using it wisely for buying instruments and other gear it started gaining interest, and eventually the interest amount sucked up the remaining balance in my card, now every time i pay the minimum amount due it gets to zero. i never misused my card for anything it was strictly for my instruments and gears.
i have already paid the credit card company the more than $625 in parts over an year but the balance always gets to zero due to high interest rates. whatever amount i had earned and saved is now exhausted now i have no money left.
the only solution to it is to pay the full amount once and then close the card. i cannot seek help from my family as they are already paying for my day to day expenses as i have left job and learning music and doing an internship for which i am not getting paid.
Even a single $ will make a difference this is the only burden in my life right now i really want to get rid of this
it would be great if i get through this debt via go get funding.,
Thanks in advance .,