Quote:
Originally Posted by Honduh
Yeah it sucked at the time, but I had to make end meets while in school, and I had to compromise. I was 20 and had been supporting myself since I was 17, I had no one to help me out.
Can anyone give me a 100% sure answer?
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Keeping making the payments on the total you owe. Like others have stated it will look "better" on your credit report. Also cancelling credit cards isn't a good idea also. Although collection agencies and missed payments(90 days past due) are key factors to your credit score, also your credit/debt ratio is key. Meaning if you have a 5k card and owe 3k...you have 2k worth of credit. Don't cancel cards, keep them and pay them off. I'd also suggest getting another card(if you can). Just have some poise and not use it. Gl with rebuilding your credit.