Re: What happens if you stop paying your cc's but don't file for bankrupcy?

Posted by Anonymous on February 26, 2002 at 11:35:46:

In Reply to: Re: What happens if you stop paying your cc's but don't file for bankrupcy? posted by Jan on February 26, 2002 at 06:55:31:

Yeah - this is what needs to happen. Every credit card offer I get gets shredded - I don't reply to a single one with their teaser rates (especially Cap One, etc.). The cc's still complain their demise is because of "no pays". I don't think so but rather, like you say, high interest fees plus the refusal of these companies to work with people when they fall on hard times through no choice of their own. And some of the bigger banks were contributors to the Republican campaign and lobbied for regulations to do away with BK.

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