Credit Cards – pay off interest rates

February 20, 2008

What will happen to my credit cards if my home is foreclosed?

Filed under: Personal Finance — Tags: , , , , — admin @ 1:46 am
triguyinla asked:


I have over $100,000 in credit on my 7 or 8 credit cards, all with a 0 balance. I am facing foreclosure in a few months. Will the banks cancel my credit cards once I get a foreclosure on my credit? Should I just max out all my credit cards with no intention to pay them?

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