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Just looking for input...

I have a few cards that I was using for things like Amazon or whatever so I didn't use my debit card online, and long story short, I made bad decisions and they're now payments that I would rather not have. I am not specifically trying to nigger my way out of consequences of my actions, but I am more tired of being a debt slave to usury.

I own a house (mortgage is active), two cars that are 100% owned, and a dozen cards with only two of them being the subject of this post.

What would the potential fall out be, if I cut them up and walked away? I get the bad credit score - that game fucking sucks anyways and I am tired of playing it.. So then what? I have to pay for things in cash from now on? Any emergency money that I potentially would need at an immediate time that would be a loan that would what, be a higher APR or need collateral or something?

So I can scrape for 5 years and pay them off, Dave Ramsey style, or walk away and not have great credit for 7-10 years? Also, if some world war starts, who needs credit cards anyways?

Just looking for input... I have a few cards that I was using for things like Amazon or whatever so I didn't use my debit card online, and long story short, I made bad decisions and they're now payments that I would rather not have. I am not specifically trying to nigger my way out of consequences of my actions, but I am more tired of being a debt slave to usury. I own a house (mortgage is active), two cars that are 100% owned, and a dozen cards with only two of them being the subject of this post. What would the potential fall out be, if I cut them up and walked away? I get the bad credit score - that game fucking sucks anyways and I am tired of playing it.. So then what? I have to pay for things in cash from now on? Any emergency money that I potentially would need at an immediate time that would be a loan that would what, be a higher APR or need collateral or something? So I can scrape for 5 years and pay them off, Dave Ramsey style, or walk away and not have great credit for 7-10 years? Also, if some world war starts, who needs credit cards anyways?

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[–] • 0 pt

You mean settle? I know some that have settled with them recently, it may depend on who you are asking.

[–] • 1 pt

Settle yes. Take the ding off your credit history. Never

[–] • 1 pt

Yeah, that part they won't do.

Only person I know that got the mark removed was because the original creditor was incompetent and sent a current bill to collections.

[–] • 0 pt

It depends on how old the debt is. I would personally settle for 80% of the balance all day long. After that I would send you an authorization form and a SIF (settled in full) notice to your email. If the debt is older and depending on what it is, I will always negotiate.

If the balance is under $5,000 no one is ever going to sue you or take you to court. In fact, if they use those words you can actually sue them.

[–] • 0 pt

Nobody cares about your settled in full letter.

We want it off the credit report, full stop. not a settled in full letter.

The settled remark looks better but still looks bad.