Danny2012

I had full time job, but I became self-employed a year ago. I do not see option to update current employment status with creditors online. I do not even know what info they have regarding my employment.

What will happen once they start calling number that is no longer in service? Is it better to update phone info with OC?

I was thinking is it better to close accounts in good standing by myself or to wait and see what will happen once delinquent accounts start to show up on report. With Amex I have revolving account. But I also have Bofa-Amex card that will become charged off. I used to have regular BofA card but they have upgraded to one with Amex logo without my request.

I cannot keep up with minimum payments on few accounts. I have 0 balance on Amex account. Will Amex close my account once I stop paying minimum amount due to other creditors or not?

I just took new cell phone number and turned off landline. Soon, I might stop paying my credit card bills as I am out of funds. Should I call all of my creditors and update my telephone number with them? Am I required to do this? Or they don't care?

I don’t have any funds left to pay my CC bills, since I havebeen unemployed for 2 years. I do not have any lates so far. Accounts with BofAand Citi are with balances. Any programs pausing payments for some period of time?