2007-03-02 04:24:34 · 6 answers · asked by butter 1 in Business & Finance ➔ Credit
Wait another four years and they'll come off your credit report whether you pay them or not. If they decide to sue you, that's a different story.
2007-03-02 04:35:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Well if you have the money to do so, pay them off in full. Looks better on your credit report than offering them a settlement. If you cannot afford to pay the full amount right now,then contact Family Credit Counseling Corp. That is the company went thru. They are non profit and they work with your credit card companies to get a monthly payment you can afford and they also make your credit card companies stop contacting you. THey also stop them from charging you late fees, over the limit fees,etc. Here is their website http://www.familycredithelp.org/
2007-03-02 13:42:38 · answer #2 · answered by sem3578 2 · 0⤊ 0⤋
I think you should try looking for a loan that will help you pay them off because you cant put off not paying that long, its not good for your credit. Try to call them and make a payment arrangement or try and get a loan and pay them off at once.
If you dont do somethin soon you will start getting calls from creditors and/or even attorneys for immediate payment.
2007-03-02 12:30:22 · answer #3 · answered by dominicana 1 · 0⤊ 0⤋
I would work out a settlement try to offer them 60% of what is on the card. Then borrow that from a credit union at a much lower interest rate. And please pay that note. But, GET THE DAMN THING IT WRITING THAT THIS IS ACCEPTED AS PAYMENT IN FULL AND I CAN'T STRESS THAT ENOUGH!!!!!!!!
2007-03-02 12:29:26 · answer #4 · answered by Anonymous · 1⤊ 0⤋
well, i didnt pay mine for three months, they cancelled it on me. I only owed 30 bucks for the purchase, and another 100 for the late fees. I would guess that yours have been sent to collections, and you can continue to keep ignoring their attempts to make you do good on your debts. In some states, i believe you can actually tell them that you have no intention of paying, and to stop sending you lettters and calls, if they can keep finding you after you move.
2007-03-02 12:28:36 · answer #5 · answered by tomhale138 6 · 0⤊ 0⤋
pay them off. they stay on your credit report for 7 years. try to consolidate them to lower rate or 0-rate cards.
2007-03-02 12:28:55 · answer #6 · answered by ropman1 4 · 0⤊ 0⤋