@Anonymous wrote:
I am going to have to declare due to the failure of a business. I have tried my hardest but just have not been able to make it work. That being said, I have approximately $45k in cc debt. I would like to reaffirm a few if they will keep my lines open and that will have a positive impact on my credit score going forward. As of now, I have no lates, but am at 98% utilization. I was pondering on keeping Macys, Valero, Citi, Discover and NFCU. That would be less than $10k total and those are all independents. I assume that if I were to reaffirm one comenity or synchrony they would close it anyway due to burning others. Does anyone have experience with the ones that I mentioned above? Can I expect them to keep my lines open? If not, I see no point in reaffirming. Thanks for any help!!
I don't think reaffirming credit cards is a thing. (Or at least I've never seen it mentioned here.)
Even if it were, why on earth would you put yourself back on the hook for $10k of debt? This is your fresh start. Use it. There are other banks to do business with when the time comes. Put that $10k in your savings account.
