This is a repost from another blog of mine.. I was going to talk about some (new) credit card crap here today but instead I can post the backstory and I'll save the blog I was going to write today until tomorrow.
This blog is dedicated to my poor girlfriend, who is currently fretting about credit card debt.
I have (had) a lot of credit card debt. Ive been overwhelmed by minimum payments. Ive exhausted all avenues of financial freedom except bankruptcy. Really. I worked my ass off after losing 3 months of sleep trying to figure out how to make ends meet. Finally, after debt consolidation told me that they couldnt help me. I just gave up.
I stopped paying.
I needed a roof. I needed groceries and dog food. I needed gas money. I needed heat and I needed electricity. All those things used up all my money. So, I stopped paying. I couldnt afford a 32% or 29% or 27% interest. All of my requests for leniency and reduced interest and lower payments were met with scripted answers and hokey bullshit.
Of course the calls came. They still come. But they cant take anything from me. Everything I own at this point I paid for in cash. Everything I charged to rack up that debt was poor decisions I made in my past. Even pleading with the credit card companies only ever got me cookie cutter responses for my anguish.
So, I stopped paying.
Most of the credit cards have sold off my debt to collection companies.. Now all I get is calls from new numbers. I know what they want.
They want money I dont have, and wont give them. I need to live. Its been almost a year now that Ive lived on a purely cash basis and I dont plan to ever change that. One day, sure, I will want a home. (Ive been a homeowner before, but that was a long time ago, with someone who ended up being shady) And this debacle with my credit will be a hurdle, to be sure.. but like everything else in my life Im used to overcoming uphill battles. My bills will get paid. But my point has been made, at least to those companies I shrugged off, that if they wont help me - that I wont help them. If they cant help me stay afloat I wont help them profit. The end.
And when its all said and done Ill repair my credit.. and Ill pay the collection companies, who are happy to charge me no interest in return for regular payments. And now I know how awful credit card companies really are.
Each and every one of them can go fuck themselves.
So to anyone who is in trouble; have faith. To those who arent in trouble, stop using credit, or you will be. I can understand the need to use credit when you are unemployed or there is an emergency, but beyond that every dollar you spend youll regret. Credit Cards should be behind glass, like fire hoses, so you have to make a fucking spectacle to use them.. it should be a need. Not a want.
Or youll end up like me, with shitty credit and a phone that wont shut up. But, I have a roof, and I have heat and lights. And a loving girl. And an amazing dog and hillarious cat. And I love my life. And no credit card company can take that away.
So... Discover, Bank of America, Citibank, and Chase? Go fuck yourself.
This blog is dedicated to my poor girlfriend, who is currently fretting about credit card debt.
I have (had) a lot of credit card debt. Ive been overwhelmed by minimum payments. Ive exhausted all avenues of financial freedom except bankruptcy. Really. I worked my ass off after losing 3 months of sleep trying to figure out how to make ends meet. Finally, after debt consolidation told me that they couldnt help me. I just gave up.
I stopped paying.
I needed a roof. I needed groceries and dog food. I needed gas money. I needed heat and I needed electricity. All those things used up all my money. So, I stopped paying. I couldnt afford a 32% or 29% or 27% interest. All of my requests for leniency and reduced interest and lower payments were met with scripted answers and hokey bullshit.
Of course the calls came. They still come. But they cant take anything from me. Everything I own at this point I paid for in cash. Everything I charged to rack up that debt was poor decisions I made in my past. Even pleading with the credit card companies only ever got me cookie cutter responses for my anguish.
So, I stopped paying.
Most of the credit cards have sold off my debt to collection companies.. Now all I get is calls from new numbers. I know what they want.
They want money I dont have, and wont give them. I need to live. Its been almost a year now that Ive lived on a purely cash basis and I dont plan to ever change that. One day, sure, I will want a home. (Ive been a homeowner before, but that was a long time ago, with someone who ended up being shady) And this debacle with my credit will be a hurdle, to be sure.. but like everything else in my life Im used to overcoming uphill battles. My bills will get paid. But my point has been made, at least to those companies I shrugged off, that if they wont help me - that I wont help them. If they cant help me stay afloat I wont help them profit. The end.
And when its all said and done Ill repair my credit.. and Ill pay the collection companies, who are happy to charge me no interest in return for regular payments. And now I know how awful credit card companies really are.
Each and every one of them can go fuck themselves.
So to anyone who is in trouble; have faith. To those who arent in trouble, stop using credit, or you will be. I can understand the need to use credit when you are unemployed or there is an emergency, but beyond that every dollar you spend youll regret. Credit Cards should be behind glass, like fire hoses, so you have to make a fucking spectacle to use them.. it should be a need. Not a want.
Or youll end up like me, with shitty credit and a phone that wont shut up. But, I have a roof, and I have heat and lights. And a loving girl. And an amazing dog and hillarious cat. And I love my life. And no credit card company can take that away.
So... Discover, Bank of America, Citibank, and Chase? Go fuck yourself.
VIEW 19 of 19 COMMENTS
Those are the worssst. Last resort kinda bad haha!