For many people, credit card debt has gotten them into such serious financial straits their personal health is affected.
Being in too much debt is extremely stressful to say the least. And for a lot of people, the only way to lessen some of the burden is by avoing paying the bills altogether.
I’m here to say this this is not a good way to cope with the problem. In fact, it will probably make matters worse as the bill collectors begin their barrage of harassing and incessant phone calls.
There is a better way. Try to work out a third-party payment plan before doing anything crazy like skipping payments.