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YES.....pay the absolute lowest rate you can for all the cards, it might take quite long to do so...but you'll eventually pay them off and you'll have enough money to go through and live life as you wish while still paying off the debt you owe....

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Q: Should you pay off a credit card debt that is 15 years old?
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Related questions

What is the statute of limitations on credit card debt in RI?

Is there a cost to find out the staue of limiations in years on credit card debt


How long credit card debt stay on credit report?

seven years


How long does credit card debt stay on your credit report?

7 Years from the DLA.


Where do I go to pay off my credit card debt?

Your credit card company. You should be able to call them and pay your bill/debt over the phone or be able to do it on the internet on your credit card company's website.


What are the specifics of credit card debt settlement?

You should get a hold of a debt consolidator who will then go to bat for you with your credit card companies. They will work out a settlement that can be agreed upon by both the credit card company and yourself.


What is total credit card debt?

Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.


How long does a credit card company have to sue you for unpaid credit card debt?

as long as it remains a part of your credit report, 7 years.


What is the statute of limitations on a credit card debt in ny?

4 years


What is the statute of limitations in connecticut for credit card debt?

7 years


What is the sol in Tennessee for a credit card debt?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Tennessee is 6 years. That would be from the last use or payment.


Can a credit card company collect on a debt over seven years old?

Yes. Even though the chargeoff line item should come off of the credit report in seven years, the credit card company may attempt to collect their debt for as long as they wish (assuming no fair credit collection laws are broken in the process).


What are the stature of limitions on credit card debt in Tennessee?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Tennessee is 6 years. That would be from the last use or payment.