Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Paying Your Bills
Profile Image

Question By
kokkouriouss

0 Contributions
0 People Helped
Should i close credit accts and pay balance or file bankruptcy

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
7816 Contributions
1500 People Helped

If you can afford to pay the balances I don't think that bankruptcy is an option.

Top Contributor
11672 Contributions
4496 People Helped

Closing a credit card will hurt your credit score.  Bankruptcy hurts your score for ten years. Taking the time to read the articles here to learn about credit and how to build your score is the best option.  

Top Contributor

Reply by
jwsister

11672 Contributions
4496 People Helped

And that is the option you really should take since you have been a member here three months longer than I have, asnd I did read the articles.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.