What Actually Happened
I stopped paying my credit card because I couldn't afford it, hoping it would go to collections. Instead, the bank sued me and then seized my entire tax refund directly from my bank account, leaving me unable to pay rent.
What I wish I knew
"I wish I had known the bank could sue me and then levy my bank account to take the money directly."
Advice to Someone Facing This Now
If I could tell you one thing
"Don't ignore credit card debt, as the creditor can sue you and seize your funds when you least expect it."
Regret Score
10/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
Finance Category Average
?%
of Finance decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
React, question, or discuss this decision.