You can do this, but their response will be to tank your credit. Which makes it hard to get any new loans. Including home loans. Also makes it hard to rent a place, since almost all landlords do a credit check. Hard to get a normal auto loan if you need to buy a car. And iirc, your credit card interest rates will go up.
You can do this, but their response will be to tank your credit. Which makes it hard to get any new loans. Including home loans. Also makes it hard to rent a place, since almost all landlords do a credit check. Hard to get a normal auto loan if you need to buy a car. And iirc, your credit card interest rates will go up.
When i said small debts, im talking under 100 bucks. That doesnt go on my credit report.