Not to say it is untrue, but I find it questionable that there are people who would rack up the debt and then declare bankruptcy - do they not understand what they are doing to their credit for 10+ years??? The marks I have on my credit are there for about 2 more years then they should be falling off...being a college student off and on, and working jobs that pay me enough to ensure I have a 24/7 eye on my finances, etc. has forced me to live without being able to afford to pay what former C.C. companies are asking me to pay...my punishment, as I see it, is bad credit (quite the embarrassment) to which I can only have a credit card if I get a special offer from one (in which Company A purchases an old debt from Company B then gives me an offer to their card to use with a small credit limit after I pay off the old debt balance - which is placed on the card) or get a secured one.
Growing up is one thing I feel a lot of people MUST do in order to understand the importance of their credit. I have paid off a few of my debts on my credit in the past but my large ones are unreasonable. In 2 + years, when my credit is ok again will I repeat my past? I can promise you I will not...having to go 7 years without a cell phone plan (non-prepay) or the difficulty in getting an apartment (and even, in some cases, employment) has taught me enough.
__________________
For example, I find that a lot of college girls are barbie doll carbon copies with few differences...Sadly, they're dumb, ditzy, immature, snotty, fake, or they are the gravitational center to orbiting drama. - Amnesia620
|