return2ozma@lemmy.world to News@lemmy.world · 1 year agoBanks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year highqz.comexternal-linkmessage-square24fedilinkarrow-up1104arrow-down15
arrow-up199arrow-down1external-linkBanks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year highqz.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square24fedilink
minus-squareTramort@programming.devlinkfedilinkarrow-up14·1 year agoIt can’t affect your credit score, because it’s not a loan. If it was a loan they would be subject to ursery laws. But they don’t want to be. So you can default without penalty besides being hounded.
It can’t affect your credit score, because it’s not a loan.
If it was a loan they would be subject to ursery laws. But they don’t want to be. So you can default without penalty besides being hounded.