we considered it when our debt between several back bills what not exceeded 10K. but we buckled up and dealt with it. we are down ot less than 3K in debt after 3 years hard work paying off those debts.
Yes I have, Most of my credit was young dumb and attempting to help those i thought i could trust, found out the hard way cant trust everyone
Yes, sadly I had to at one time. Not the high point in my life. I had a lot of medical bills from early on, and a problematic pregnancy that left me jobless for just long enough to have to throw my hands in the air. It has been the 7 years since, but it actually helped my credit rating at the time because all that negative was removed, so my debt to cash ratio was non existant. Downfall is higher interest rates for awhile.
Edit... Yes you can keep your car, and house in most circumstance as long as you maintain paying for those items.
never... dont plan to either
Quoting Anonymous:What about any existing loans? For example, a car loan. We cant lose our car, only vehicle we have! We have managed to keep those payments current and have only been late a handful of times. Does it affect things like that?
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