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634

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?

(post is archived)

[–] 1 pt (edited )

Are you willing to get a new phone number? It's 7 years of calls. If not i recommend answering every time they call and saying "who is un1ty? I keep getting calls for this person." Have a fake name ready. Do that every week for 1 year and they sometimes stop calling until the debt is resold. After 7 years you can rebuild your credit. A secured credit card. Never acknowledge the debt or even speak of it to anyone.

[–] 0 pt

Getting a new phone number doesn't work because collections agencies use a skip tracer called TLO, which uses Transunion's database. One of the best things you can do is buy a burner phone and leave a fake name as your voicemail. When I hear a name that isn't the person I'm looking for, I stop calling it.

[–] 0 pt

It definitely works to get a new phone number but you can't report your phone number to your banks or any credit application- just your friends. It's easier just to keep your current number and convince the creditors it's not you. A burner phone would not work because they already have your old phone number, so the new phone does nothing. The voicemail thing also works if you leave the generic, non-personalized, default but just answer saying you are somebody else. Even if they don't believe you, it stops them from being able to fact find on you. It's just an awkward show down. "Welp, I'm not that person - so have a nice day."

[–] 0 pt

We operate on volume. Saying "I'm not John Smith" will get me to remove your number, but another agency might add it again later.