The Result of my Accidents on my Finances

Posted on October 8, 2007 @ 7:26 am

I have been in two car accidents in the past year and the repercussions of them has almost destroyed me.  As a result, my car insurance has sky-rocketed.  It is crazy what I have to pay each month just to be able to drive.

The worst part is that I was declined a mortgage because of my high monthly expenses (mostly spent on the car).  I have basically been given the choice of shelter or transportation.  Had I applied for a mortgage a year ago, it would have been no problem.

I really don’t see what car insurance has to do with mortgages and it makes me so angry.  It is now going to be about five years before I can even think about buying a house.  My personal finances just really suck right now…

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