What happens if I don't pay?

Terry_Towelling

jonnyhatesjazz wrote: »

Spot on that Steve

I don't care about the letters, phonecalls and texts as they will all be ignored, it wouldn't even bother me if they knocked on my door.

I am fully aware it will affect my credit file which is pretty dire anyway.
I have absolutely nothing to lose..........seriously what they going to do put me in prison.....I don't think so

You won't need to ignore the phone calls, texts and knocks at the door because your approach will mean you have no phone and no front door for much longer.

Of course, I don't mean what I've just written any more than you mean what you've been writing.

Good luck!

jonnyhatesjazz

Ergates wrote: »

They'll help if it makes it more likely that they'll get their money back eventually.

In past experience they don't want to help at all they are only interested in extracting as much money as possible even if it means leaving you with no food on the table they just don't care. They will only accept a minimum payment arrangement when they realise it's their last hope of getting anything back without going through court but getting to this stage can be a lengthy process with them.

jonnyhatesjazz

Terry_Towelling wrote: »

You won't need to ignore the phone calls, texts and knocks at the door because your approach will mean you have no phone and no front door for much longer.

:rotfl::rotfl::rotfl:

Terry_Towelling

jonnyhatesjazz wrote: »

In past experience they don't want to help at all they are only interested in extracting as much money as possible even if it means leaving you with no food on the table they just don't care. They will only accept a minimum payment arrangement when they realise it's their last hope of getting anything back without going through court but getting to this stage can be a lengthy process with them.

Glad you liked my last post - whatever you do have left to lose, make sure it's not your sense of humour.

Ahh, I understand your tactics a bit better now - you're testing the boundaries. You've done this before but negotiated a settlement at low rates and found it didn't quite work for you. This time, you are trying to 'up the ante' by doing nothing at all and waiting to see what 'they' will do.

Where do you see yourself in 5 years time - or, say, at retirement age? Where would you like to be by then?

On the subject of 'them' just trying to grab their money, what would you do if someone borrowed £10 from you and told you to eff off when you asked for it back? Perhaps not a fair comparison because 'they' don't need the money as much as you probably do - but, what about the principle?

As for food on the table, using a plate is probably a better idea. I imagine you might get some sympathy if the reason for your CC debts was that you had simply been trying to survive or that you have fallen on hard times and that is making things difficult for you.

That's not the impression you give though.

jonnyhatesjazz

Terry_Towelling wrote: »

Glad you liked my last post - whatever you do have left to lose, make sure it's not your sense of humour.

Ahh, I understand your tactics a bit better now - you're testing the boundaries. You've done this before but negotiated a settlement at low rates and found it didn't quite work for you. This time, you are trying to 'up the ante' by doing nothing at all and waiting to see what 'they' will do.

Yes

Where do you see yourself in 5 years time - or, say, at retirement age? Where would you like to be by then?

I'm not thinking that far ahead....should I be?

On the subject of 'them' just trying to grab their money, what would you do if someone borrowed £10 from you and told you to eff off when you asked for it back? Perhaps not a fair comparison because 'they' don't need the money as much as you probably do - but, what about the principle?

Yes I understand in principle what I am thinking is wrong but if this is the worst thing I do in my life am I really that bad a person?

18cc

Not sure how big the debts are but if they are large enough you could consider making yourself bankrupt and everything would be wiped clean. There are downsides to that though...

jonnyhatesjazz

18cc wrote: »

Not sure how big the debts are but if they are large enough you could consider making yourself bankrupt and everything would be wiped clean. There are downsides to that though...

No more than 4k in total on all cards.
Thanks

[Deleted User]

Reduce outgoings. Look at finances. Contact creditors and arrange to pay them back.

£4K shouldn’t take too long to clear

Shakin_Steve

!!! wrote: »

£4K shouldn’t take too long to clear

That rather depends on the borrowers circumstances, surely. I know/have known people to whom £4K would be an absolute fortune.

System

jonnyhatesjazz wrote: »

Spot on that Steve

I don't care about the letters, phonecalls and texts as they will all be ignored, it wouldn't even bother me if they knocked on my door.

But you will care when the gas and electric company come to install pre-payment meters in your house, you want to move but no letting agency will rent to you because of your credit file, you want to change your mobile phone contract but nobody will give you one,you want to change bank account but no bank is interested, you go to insure your car and find you're getting higher quotes, you apply for a job where there's cash handling and the employer does a credit check.