When Jelani from New York called into The Ramsey Show about his financial problems, he didn’t sugarcoat his situation.
“I owe over $100,000. I’m kind of lost right now,” he told finance personality Dave Ramsey in a clip posted May 28. “I don’t know if I should file [for] bankruptcy. I just need some advice,” he told celebrity finance personality Dave Ramsey.
Jelani shared he owed around $80,000 in credit card debt, $8,500 in student loans and $11,500 on a car loan. His debt accumulated rapidly since Thanksgiving, when he only owed $30,000.
A truck driver earning between $110,000 and $140,000 per year, Jelani revealed his debt stemmed mostly from gambling via an online dice game.
Ramsey and co-host Jade…