Comments on: Why You Should Never Ignore Your Credit Card Debt.

By: Best Google Search Of The Week: How Long Does Credit Card Debt Last If I Run Away. | My Two Dollars

Wed, 26 Sep 2007 20:01:26 +0000

[...] This week a very interesting Google search landed a visitor on the My Two Dollars page “Why You Should Never Ignore Your Credit Card Debt.” The result was #3 on the page and exact thing this person was looking for [...]

By: Iva

Iva — Fri, 03 Aug 2007 11:44:24 +0000

You can’t escape your debt. Even if, like Joe, you manage to avoid it – you will always have the uncertainty of it coming back. The best thing to do is contact your creditors and make an arrangement with them, as it could pop up at any stage on your credit record.

By: David

David — Mon, 04 Jun 2007 02:33:55 +0000

Joe- It does not really have anything to do with the $15…it’s the fact that as soon as you need your credit report for anything, this will be a huge black mark on your record, whether it is for $15 or $15,000.

By: Joe

Joe — Mon, 04 Jun 2007 02:15:55 +0000

They must know that any attempt to collect would be a net monetary loss.

By: David

David — Mon, 04 Jun 2007 00:08:25 +0000

Yea, small towns tend to be a little more lenient in their credit checks. But big cities check everything!

By: Jonathan

Jonathan — Sun, 03 Jun 2007 21:33:52 +0000

Good read. It’s also a good reminder for me as well since I’m moving to a bigger city where they actually run background checks to see if you’re legit. The town I’ve been in for the past seven years landlords basically took your word, which was nice. I’m not in too much debt, but I do have some great references.

Thanks for the read!

By: david

david — Sun, 03 Jun 2007 18:57:21 +0000

Thank you Joanne, I was just about to write that..

And Anne, while I understand that laws are supposed to be gender neutral, you just don’t hear too often about men getting half, especially not here in Los Angeles!

By: Anne

Anne — Sun, 03 Jun 2007 13:14:37 +0000

“Especially for guys”? The divorce laws in my state are gender-neutral.

By: Joanne

Joanne — Sun, 03 Jun 2007 05:43:59 +0000

To Joe with the US$15 credit card debt:

They could still find you and will continue to look for you. It could still come back to bite you in the @ss. If they did stop looking, don’t flatter yourself – it’s only because it’s only fifteen bucks, buddy.

By: Joe

Joe — Sun, 03 Jun 2007 03:51:42 +0000

A long time ago I got a credit card in the US. I rarely used it. 10 years ago I had a charge of US$15, which I intended to repay four months after incurring it in Hong Kong. After returning to the US for 3 weeks I called the credit card company to ask how much the debt was so I could pay it off by oney order. The company told me the card had been cancelled and to call another number to arrange repayment. I did not bother and ignored it since then. I have returned to Hong Kong and have had NO problems at all because of it. Running away from debt is a good idea if you run far enough away.