Thread: If I chose NOT to pay my credit cards...

...what would happen?

Will I be arrested? Go to jail?

My credit is already effed up. I don't own a house. I have no big dollar items for the most part, barring cars.

I can ignore the phone, ignore the mail.

So what would happen?

Originally Posted by Common Sense Craig

...what would happen?

Will I be arrested? Go to jail?

My credit is already effed up. I don't own a house. I have no big dollar items for the most part, barring cars.

I can ignore the phone, ignore the mail.

So what would happen?

Before I tell you...one thing that could happen is you'd have enough money still to pay off my cards...

But really the only thing they can do is get a judgement and freeze your bank accounts if you don't pay the judgement in a reasonable amount of time.

D'pends how much we're talkin about.

Originally Posted by Goldwater

Before I tell you...one thing that could happen is you'd have enough money still to pay off my cards...

I guess, depending, it might be a fair trade.

But really the only thing they can do is get a judgement and freeze your bank accounts if you don't pay the judgement in a reasonable amount of time.

Funny stuff, I just emptied my two saving accounts to pay my last months bills. Amount left? 1) $21.43 2) $10.18

D'pends how much we're talkin about.

Oh, it's in the tens of thousands.:jawdrop:

Originally Posted by Common Sense Craig

I guess, depending, it might be a fair trade. Funny stuff, I just emptied my two saving accounts to pay my last months bills. Amount left? 1) $21.43 2) $10.18
Oh, it's in the tens of thousands.:jawdrop:

minus no = You got it!

They will threaten too put you in jail but it won’t happen. If it becomes very delinquent they may garnish your wages but they try to avoid this but it does happen. Put liens on say the car you own and so forth. They would have to get a judgment against you to freeze your bank account and most are NOT willing to spend the money to do this. If you call them and have them close the account they will work with you because something is better than nothing to them. But yea, your credit will be 0.

Originally Posted by Common Sense Craig

...what would happen?

Responsible people like me who pay their bills would end up paying for whatever it is you bought on your credit card.

Some people don't seem to have a problem sticking other people what they buy........how about you?

Originally Posted by Stinger

Responsible people like me who pay their bills would end up paying for whatever it is you bought on your credit card.

Some people don't seem to have a problem sticking other people what they buy........how about you?

I understand your holier-than-thou attitude, Mr. Sting, but of course my conscience wouldn't let me do such a thing. I have never been late on any payments in my life and have never had any penalties put upon me.

And so yes, I would feel bad about sticking it to other people....especially you.

And, by the way, I am responsible. I know you probably think that I was just using my credit cards to buy things I didn't need, but that is so far from the truth.

Originally Posted by Stinger

Responsible people like me who pay their bills would end up paying for whatever it is you bought on your credit card.

Some people don't seem to have a problem sticking other people what they buy........how about you?

Oh so Visa puts an added bill onto your statement because someone didn't pay their credit card bill? News to me as I've never seen such a thing.

My interest rate goes down too, so I'm not effected there.

Where is this passing the buck happening?

Originally Posted by Common Sense Craig

I understand your holier-than-thou attitude,

What is holier than thou about it? Who do you think pays for those goods when someone else choose not to pay off their credit card bill?

Mr. Sting, but of course my conscience wouldn't let me do such a thing. I have never been late on any payments in my life and have never had any penalties put upon me.

So why are you hinting that you are going to stop doing that and not pay your bill. You made the declaration not me. You are the one who claimed to have a credit problem and not you say you don't. Which is it?

And so yes, I would feel bad about sticking it to other people....especially you.

then pay off the bill

Originally Posted by johnflesh

Oh so Visa puts an added bill onto your statement because someone didn't pay their credit card bill? News to me as I've never seen such a thing.

Ah where do you think they get the money to cover the nonpayers? Just like it you steal the merchandise directly from the store, who ultimately pays the cost of that?