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They can ruin your credit score and make your life miserable with demand letters and phone calls. It's easy for them - they let computers do the work.
The best way to avoid it is to set up a payment plan for a few dollars a month.
DO NOT ignore them. They start tacking on late fees, and then raise the interest rate, in a few months a $100 cc bill will balloon up to $1000. Credit car debt can be discharged in bankruptcy court, but it's not guaranteed.
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