Ok so my score is about 600 right now. Have some stuff in collections which I doubt i will pay (its all pretty old). I have 1-2k i can afford to use for these credit cards. Advice? I currently have one cc with (dont laugh) a $300 limit which I have totally paid off. I wanted to buy a new car, but I'm not sure what to do really.
I find this curious. Why do you think it is appropriate to owe money and not pay it—simply because the debt is old? Is that how you were raised? Would you feel this way if someone owed
you the same money? What if they owed the money to one of your parents, your sibling, or your child? At one point, you obviously benefited from the credit/debt, yet now you see nothing wrong with allowing it to go unpaid? It is one thing if the creditor decides to write off the debt as uncollectible from a deadbeat (you), but who are
you to decide that the debt no longer needs to be paid? That kind of attitude will keep your credit score depressed well into the future.
It may not be fair, but it is people like you who prompt employers to look at the credit scores of potential hires. I hope you manage to clean up your act, but based on what you’ve disclosed here, I would not extend you credit, rent you an apartment, or hire you.
http://www.getbig.com/boards/index.php?topic=193870.0
