Robert
Irvine,#2Consumer Comment
Tue, November 22, 2011
Why does this seem to be a common theme lately. Someone gets themselves into financial trouble, which never seems to be their fault. Never mind that it was them who actually charged up the cards to begin with. They describe every OTHER card as basically bending over backwards and kissing their **s where they are just happy to get something. Yet there is always one card who is "evil" and actually is trying to hold them to their agreement. Funny thing is it never seems to be the same credit card between reports, and ones stated as being "good" in one report are considered "evil" in others.
Credit Cards are not charities. You charged up the amounts, and as part of the agreement you agreed to make the MINIMUM required payments. You did not do that and tried to go through credit counseling. Now that didn't work either as you became behind again. So then you just started paying something, thinking that you are all well and good with those cards.
Just be glad you were able to start making full(I hope) payments again. Because every month you made any payment, you extend the Statute of Limitations. Where eventually they would have gotten tired of your partial payments and charged off the account. If you failed to make those payments they may eventually have sued you. And all those payments that they gratefully accepted would have done nothing more than give them more time to file a suit against you.