What happens if I stop paying my credit cards

[Creeg]

Strongly considering this. Money is tight and everyone getting bailed out but me.

Screw them

 

[RobFunk]

You will get a lot of calls and letters. They will call your place of employment. They will do what they can to pressure you into making a payment.

...That's about it. Besides having your credit ruined of course. Which in 7 years you can just start over with a clean slate. (statue of limitations)

 

[DeathEatsaCracker]

Strongly considering this. Money is tight and everyone getting bailed out but me.

Screw them

It will haunt you for a long time. Seriously consider the ramifications. You will not be able to obtain credit of any kind without paying exhorbatant interest rates.

I fucked myself at a young age and it took me until I was in my 30's to get to "A" credit.

 

[Creeg]

Ramifications aside, I may not have a choice.

If I default, they can call my place of employment all they want to...they are the main problem.

Screw the whole bunch of them

 

[festeringZit]

Strongly considering this. Money is tight and everyone getting bailed out but me.

Screw them

So basically you are saying you are going to steal from the people
you bought goods/services from.

I would encourage you to rethink this despicable behavior.

Be a part of the solution to the problems in this country, and
not a part of the problem.

Have some personal honor, character and integrity.

 

[Creeg]

So basically you are saying you are going to steal from the people
you bought goods/services from.

I would encourage you to rethink this despicable behavior.

Be a part of the solution to the problems in this country, and
not a part of the problem.

Have some personal honor, character and integrity.

that is the only thing keeping me from it. I did borrow the money and it is my responsibility but...fuck!

 

[punter]

That 7 yr statute of limitations only means that they have no legal recourse after that but they will continue to sell the debt (for pennies) and they will haunt you to your grave.

 

[festeringZit]

that is the only thing keeping me from it. I did borrow the money and it is my responsibility but...fuck!

Well, keep on doing the right thing, and in the long run, you will
be a better person for it.

 

[RobFunk]

That 7 yr statute of limitations only means that they have no legal recourse after that but they will continue to sell the debt (for pennies) and they will haunt you to your grave.

It gets wiped from your report. Trust me, I know first hand.

 

[Creeg]

Well, keep on doing the right thing, and in the long run, you will
be a better person for it.

yeah, I'll be a better homeless person with a cup in my hand. Can you lend me $250 Fester?

 

[gtc08]

if you cant pay, file bankruptcy. i have no allegiance to these credit card companies that zit does.

id only file though if you owe a shitload.

this idea of being responsible thrown out by zit is stupid. his same people spent like drunken sailors and zit has the gall to question you.

classic.

 

[gtc08]

obviously creeg, you don't pay the cards if you can't afford them. or you tell your credit cards you cant and work out a plan with them.

 

[RobFunk]

I didnt feel bad for what I did. You dont give 5000$ credit cards to a 20 year old kid making 10 bucks an hour. This was like 15 years ago. But I'm just say'n.


I have no desire to fill out a credit ap of any kind these days I am happy with all my reports saying I owe nothing and using cash.

 

[festeringZit]

yeah, I'll be a better homeless person with a cup in my hand. Can you lend me $250 Fester?

Are you that bad off? You said you were employed, why not get another
part-time job to take you over the hump?

I worked 3rd shift during college to pay for school, it all depends on
how bad you want it.

 

[Creeg]

almost $50k. had a plan but, it went up in smoke between sept-nov of 08. now I hear about people missing 3 mtg pmts and getting help from the Govt/Banks to restructure the debt.

Where is my help?

I'm almost stupid to pay what I owe.

Whats the world coming to?

 

[festeringZit]

if you cant pay, file bankruptcy. i have no allegiance to these credit card companies that zit does.

id only file though if you owe a shitload.

this idea of being responsible thrown out by zit is stupid. his same people spent like drunken sailors and zit has the gall to question you.

classic.

You are a fucking idiot, liar, and immoral person.

I have constantly raged against the government spenders on here (and you know it)
including today's "Republican Party." So stop your fucking lying on
here asshole.

 

[Creeg]

Are you that bad off? You said you were employed, why not get another
part-time job to take you over the hump?

I worked 3rd shift during college to pay for school, it all depends on
how bad you want it.

working nights to pay for school is one thing. Breaking your ass to pay WAMU and Capital One is another.

It bad enough these bastards in Washington squander my tax money on bailouts and welfare. Now they are gonna reward cats for not paying their mtg? Obama will enact legistlation to prevent them from being evicted/foreclosed on?

I got my social security report in the mail. I have paid over $26,000 into the pot and am damn sure I will never see a dime

What the fuck?

 

[Creeg]

:cripwalk:

 

[festeringZit]

working nights to pay for school is one thing. Breaking your ass to pay WAMU and Capital One is another.

It bad enough these bastards in Washington squander my tax money on bailouts and welfare. Now they are gonna reward cats for not paying their mtg? Obama will enact legistlation to prevent them from being evicted/foreclosed on?

I got my social security report in the mail. I have paid over $26,000 into the pot and am damn sure I will never see a dime

What the fuck?

You're preaching to the choir about being raped by the US Government
Ponzi scheme of Social Security - as well as the BS taxes they take
from us to pay for their BS and corruption.

I just think that not paying your credit card is a really bad idea.

 

[punter]

It gets wiped from your report. Trust me, I know first hand.

Yes but the owner of the debt can continue to try and collect by calling you.