It’s OK to make your payment a few days or weeks later then your due date, but DO NOT be late for more than 30 DAYS. It hurts your credit scores pretty bad, and if you apply for a mortgage with a 30 day late within last 12 months on your credit report, you will definitely be looking at a higher interest rate.

Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan.

Unfortunatly on every legal title you guys own, yes it will bring his down.

The answer is simple. You need to increase your income and/or reduce your expenses. Easy to say, but probably hard to execute.

Income - Does the father of your child contribute to the child’s care? If not why not? Can you get a better job, work more hours, get a second job?

Expenses - Car loan? Can you sell the car, replace it with a cheaper one? How about where you live. A smaller or cheaper place? A roommate? Other expenses? Too numerous to get into all of them here, but can you cut more of them?

There is no simple answer. Sacrifices need to be made. I wish you the best of luck.