WFFC 1 #26 February 25, 2005 QuotePunishing someone, even marginally, for closing a credit card account in good standing is lunatic. Agreed...blame Fair Isaac though...----- ~~~Michael Quote Share this post Link to post Share on other sites
freethefly 6 #27 February 25, 2005 ***Yeah, bankruptcy isn't as simple as it sounds. It will destroy your financial life. Sure you won't have to pay off debts, but good luck getting a loan for anything else. Filing was a piece of cake, my lawyer did most of the work. I had over $50,000.00, the majority in medical bills($38,000 and no med insurance). Filed and wiped it out. I have since found help with my medical expence(unless Potus and his goosestepping choursline have it their way). Did it about 8 years ago. Since then I have bought a house, several cars and a few personal loans. Best move I could had made, given the situation. If I only had a $5000.00 debt I most surely would had paid that, being that it is much like paying a car loan and not a big 50 which is more like a 30 year payback on a home loan."...And once you're gone, you can't come back When you're out of the blue and into the black." Neil Young Quote Share this post Link to post Share on other sites
doddy 0 #28 February 25, 2005 could you not get a P/L and get a smaller interest rate? (dont know if its been suggested havent got time to read full tread!) My hubby is in the B/R club and its hard when you have to disclose that when you want to get finance. For 5K i would look at a P/L at a smaller rate than you C/C. A man who views the world at 50, the same as he did when he was 20, has wasted 30 yrs of his life. "Muhammad Ali" Quote Share this post Link to post Share on other sites
