Re: What will happen if I quit paying my credit cards?
I owe $1200 on an old debt and all they do is constantly harass my parents (where I haven't lived for over 7 years!) about it. They do not send me many letters and I am still waiting for a new one as I have a hard time keeping track of things (yikes). I suppose I will stand firm and try to bargain it down to $300-$600 but if they will not work with me, then they will not see a penny.
That is how this debt came about in the first place. The company issuing the card would not work with me to pay it off and therefore, I stopped paying. I have not accumulated any more debt since (with the exception of schooling and medical bills).
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