I lost 16 houses in the last real estate crackup boom. My credit score went right along with them. Whew! It was bad! Ten years later I still do not have any credit card debt. In hindsight, that experience was the best thing that ever happened to me. Credit Card debt can ruin lives. Pay in cash or don't pay! Mortgage and auto loan (arguably) are the only good debts to own!
You are viewing a single comment's thread from:
I feel sorry for your loss, thank you for sharing your experience.