I Stopped Paying All My Credit Cards
For most people the constant harassment from debt collectors leads them to consider bankruptcy relief. Exploding balances closed accounts and damage to your credit score. See How To Stop Paying Credit Cards Legally Don T Get Sued Meanwhile the long-term effects range from possible lawsuits to legally getting rid of debt without paying the full balance owed. I stopped paying all my credit cards . If the seller is unwilling or unable to cancel the payment contact your credit card company and explain the situation to them. If you dont make that payment on that date you get assessed late fees and some penalties that are outlined in your credit card agreement. I have noticed that the cc companies are pretty fast in taking you to small claims court if your balance is under 2000. I owe about 25000. Miss a credit card payment by 30 days and you may end up with a late fee and a penalty interest rate Arevalo says. To withdraw consent simply tell whoever issued your card the bank bui...