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Need advice on what to do about credit card debt


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Let me start out by saying that I have no late payments or anything bad on my credit reports. However my utilization is horrible and my scores are tanked because I have about 39K in credit card debt. I am struggling now because I just found out I have a brain tumor and of course with the cost of living going up, doctors bills, grocery prices, etc its getting harder and harder to survive. I need to make a decision and I am unsure of which route to take. Do I quit paying my cards and further ruin my credit? If I still pay some of my cards, will those get cancelled because of my score? Will credit card companies sue me? My score is not good enough to even try for a debt consolidation loan. And I dont even think I can afford bankruptcy. It really kills me to just not pay these but I don;t know what else to do. I would like to continue to pay on those that I can afford. Thank you for any advice.... 

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10 hours ago, Justmyluck said:

Let me start out by saying that I have no late payments or anything bad on my credit reports. However my utilization is horrible and my scores are tanked because I have about 39K in credit card debt. I am struggling now because I just found out I have a brain tumor and of course with the cost of living going up, doctors bills, grocery prices, etc its getting harder and harder to survive. I need to make a decision and I am unsure of which route to take. Do I quit paying my cards and further ruin my credit? If I still pay some of my cards, will those get cancelled because of my score? Will credit card companies sue me? My score is not good enough to even try for a debt consolidation loan. And I dont even think I can afford bankruptcy. It really kills me to just not pay these but I don;t know what else to do. I would like to continue to pay on those that I can afford. Thank you for any advice.... 

have you checked out the steps people in the money management subforum have taken to cut back spending and get on a budget?

 

What are your FICO scores?

 

You're in the right place for help but you need to give more details on the debt and financial situation.

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Thank you for your reply. My scores are right at 600 with the exception of Experian being 671. My utilization is 51%. No late payments... I have worked very hard and have been on a tight budget to try and make sure they re never late but its getting harder and harder. Half of my cards have a zero balance while the other half are just about maxed out. I do not want to not pay them but I am struggling more and more especially with new medical bills I now have. 

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On 10/6/2022 at 8:06 AM, Justmyluck said:

Thank you for your reply. My scores are right at 600 with the exception of Experian being 671. My utilization is 51%. No late payments... I have worked very hard and have been on a tight budget to try and make sure they re never late but its getting harder and harder. Half of my cards have a zero balance while the other half are just about maxed out. I do not want to not pay them but I am struggling more and more especially with new medical bills I now have. 

do you have a specific, realistic, and written budget?

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