How will Bankruptcy affect my Credit Score?

1. If you have fallen further and further behind on your bills with no way of repaying them soon,  your credit score is NOT a priority.

Your priority is avoiding inevitable lawsuits, judgements, garnishments, repossessions, liens and foreclosure.

2. Credit scores are primarily used for one thing: TO RAISE YOUR INTEREST RATES SO LENDERS MAKE MORE MONEY. TO RAISE THE COST OF CREDIT. PERIOD.

3. If you are contemplating bankruptcy your credit score is not good.

4. LOW CREDIT SCORES MERELY RAISE THE COST OF BORROWING MONEY. SO FILE YOUR BANKRUPTCY AND STOP BORROWING MONEY.DON'T GIVE LENDERS THE SAME CHANCE TO DESTROY YOU AS YOU DID BEFORE. PAY CASH. WORK HARD AND SAVE.

5. CREDIT CARDS ARE A RIPOFF. THE CREDIT BUREAUS ARE SUPPORTED BY THE PREDATORY LENDING INDUSTRY SO YOU WILL PAY MUCH MORE. STAY OUT OF THE CREDIT GAME - ITS A LOSER'S GAME.