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Our Brand New ACCELERATED Fat Loss Diet!i absolutely hate ballys, at least the locations near me. They close early on weekends at 5:00 pm, i dislike the environment, im just through with ballys PERIOD. i thought i could simply cancel my contract and didn't think too much of it because its "JUST A DAMN GYM MEMBERSHIP", but evidently you have to be dead or completely disabled in order to cancel your contract. and im not willing to go to that extent. So i have just decided to stop paying, Can this have a nasty effect on my credit sore?? <<<===Desperate to know!!!
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4 responses so far ↓
1 Slimick // Jul 23, 2008
I would not say "ruin" your credit…but it can damage your credit if the collection agency puts it on your credit files as bad debt.
2 asailor77 // Jul 23, 2008
not ruin necessarily, but it would put a crimp in it for a while definitely! Most places want their money–maybe you could work out a payment plan with them–lots of places have to do this with people–it is worth a try anyway!
3 maxmom56 // Jul 23, 2008
If it's reported to a credit reporting agency, it will damage your credit (and it will stay on your credit report for 7 years).
4 Credit Mend // Jul 23, 2008
Yup… watch.
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