Credit damage amount?
Date: Tue, 02/16/2010 - 10:50
I have $60,000 CC debt. I have a credit score of about 610. Realistically how low will my credit score go if I have zero secured debts. Also how can I repair it after the damage is done? Please help.
Quote:Originally Posted by sototallybrokeI have $60,000 CC debt.
Quote:
Originally Posted by sototallybroke I have $60,000 CC debt. I have a credit score of about 610. Realistically how low will my credit score go if I have zero secured debts. Also how can I repair it after the damage is done? Please help. |
I was over 90k in debt.
My day of reckoning was last November 3rd.
Quit paying all of 'em and look foward to the day of settlement.
Sure you'll get some phone calls etc.....no big deal.
Tell them the same story over and over again.
Credit score be damned. Don't sacrifice your financial freedom for a number.
Get out of debt and live on a cash basis.
It's a wonderful feeling.
I will never, ever have a credit card again.
Good luck and please keep us posted on your progress.
