Posts tagged "accound"

Would not paying your storage unit get reported on credit score?

I now live in TX, but I have had a storage unit in New England and have been paying $200/month for it for 2 years.  My original plan was to bring it down here, but I have ended up replacing virtually everything there over these past couple of years AND I have paid nearly $5K.  It is definitely not worth it for me to keep paying this unit and I would like to just trash everything there.  What happens if I just stop paying and they sell my stuff off?  Would they keep charging me and eventually send the accound to a collection agency?  I would not want to affect my credit with this mess, but I am tired of paying so much for what is now worthless to me.

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Posted by jedwan - July 19, 2010 at 11:19 pm

Categories: General Credit   Tags: , , , , , , , ,