What happen if Someone Run Away Credit Card Debt?
Question : What happen if Someone Run Away Credit Card Debt?
I have a friend that have a credit card problems and ask for advise. The story is he has a credit card from one of the bank but wants to go back to to his country and he doesn’t want to pay for his debt with the credit card company. He owes a lot but do not have money to pay it so he just want to leave it. The questions is: is the credit card company will chase his even though he is not in the US again? and will his credit score goes bad? if it goes bad, can he fix it again in the future?
Thanks
credit card debt stories
Best answer:
Answer by 2n2222
When he go back his country, bank chase him down like doggie.
Banks are international, and they like to get paid back. When he tries to get credit in his native nation, he’ll find this out. It’s easy to get a credit report, and the credit bureaus will send them anywhere. If you were a banker back in the old country, and someone who’d been in the US came in to ask for credit, wouldn’t you spend ten bucks to get his credit report run?
You must always be careful with credit cards, car loans, mortgages and debt consolidation. Persoanlly, I was in debt of over $ 100,000 at one point in time, roughly 4 years ago. I am proud to say I am now DEBT FREE. It is very confusing on what to pay first how to chop down your debt, but there is a lot of good content out there to help. I have also started my own blog to help people out by talking about what I think is important. Check it out sometime!
http://credit-and-loans.blogspot.com/