People who find themselves in a situation where they will have to pay off serious credit card debt often consider as many options as possible that allow them to get rid of their debt without actually having to pay their credit card bills. Try as you might, though, there is no way to eliminate all of your debts that does not involve paying them.

If you want to get rid of debt while maintaining the best credit rating possible, you will have to pay the debts; there is no other choice that will keep your credit score intact.

Ways to Keep from Paying Credit Card Debt while Protecting Your Credit Score from Serious Damage

If you are short on funds and are looking for ways to get around paying all your bills but just cannot seem to make ends meet to pay them all then there is a way you can get away without paying your credit card bills in favor of more important bills. This should only be done if absolutely necessary and for the shortest amount of time possible.

First, pay for the absolute essentials. This means food, transportation, child support, rent, and anything else that you have choice but to pay on a monthly basis. When it comes down to paying your rent or mortgage payment or your credit card bill, choose the one that you have to pay in order to live.

Your credit card account will not be considered delinquent until thirty days have passed without payment from the due date. That means that credit reporting agencies and collection agencies will not be aware of your situation right away. This way, you will be able to continue paying for the vital things in life, even though failing to make payments on your credit card bills is sure to lead to increased interest rates and extra charges.

This should only be used as a way to buy time to get your financials in order and you should make a payment, the late and the current payment as soon as possible on your credit card in order to avoid collections action.

The very limited effects prioritizing your bills in this manner will bring to your credit score are nothing compared to the damage inflicted by charge offs and filing for bankruptcy.