I have questions: 1-. If credit expires in 6 years of inactivity does that affect your credit score? 2. If you're letting credit expire on a credit card and you run up debt on another card, is that still being considered inactivity?
A friend of mine told me about debts expiring! I was like word! Lol The last time I owed a debt, I paid the company directly I owed directly, instead of through the debt collectors as they get a fee, they were big mad! LOL She's also right, ignore & do not agree to payments otherwise you're stuck my guy!!! Lol
@@GodsGenuineGrace I don’t think it’s sold they just hire the people to get the money I think then the debt collects charge you a fee on top of what you owe so I just paid the company directly….once the company gets their money they care
I don’t think it’s really right to teach people to just avoid paying their debt until it “expires”. If you owe someone money be a grown up, own up to it, and pay it.
I agree. They tried to make it sound like you can wait it out and be good to go, but they didn't mention that your credit score will hit rock bottom if you try and wait for it to "expire." A bad score can really screw you over.
Good job!!! I got so excited to see you on!!!
This!!! What an informative segment lady!! Excellent tips!!!
Great segment, Tiffany!
Tiffany was on It, I did everything she said when debt collector's called me.
Great tips as always!
I have questions:
1-. If credit expires in 6 years of inactivity does that affect your credit score?
2. If you're letting credit expire on a credit card and you run up debt on another card, is that still being considered inactivity?
Great ideas for any age.
A friend of mine told me about debts expiring! I was like word! Lol The last time I owed a debt, I paid the company directly I owed directly, instead of through the debt collectors as they get a fee, they were big mad! LOL She's also right, ignore & do not agree to payments otherwise you're stuck my guy!!! Lol
So how did that work? The debt wasn’t sold to the debt collecting company?
@@GodsGenuineGrace I don’t think it’s sold they just hire the people to get the money I think then the debt collects charge you a fee on top of what you owe so I just paid the company directly….once the company gets their money they care
Congrats on your success.
I don’t think it’s really right to teach people to just avoid paying their debt until it “expires”. If you owe someone money be a grown up, own up to it, and pay it.
I agree. They tried to make it sound like you can wait it out and be good to go, but they didn't mention that your credit score will hit rock bottom if you try and wait for it to "expire." A bad score can really screw you over.
Yes let's get my credit score popping lol
School them sis!!!
Congrats on the nuptials
Not today satan !!!