We are doing everything we can to avoid it but in case we have to in the next few month (husband is self emplyed, I make about 2k/month and we have 2 small kids), what are the downfalls? I know about the 7 years on the report but what if we own a house and cars? I don't plan on getting another credit card for a while.
We got in trouble in the first place by financing my husbands business with CCards and have now too many debts to repay.
Any insights woule be appreciated along with experiences.
Thanks
2006-09-23
11:44:08
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10 answers
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asked by
ellasmom2
2
in
Credit