On Dec 21, 2012 the globe as we know it may come to an end.*
Whether it will likely be total Armageddon or perhaps a major social upheaval or if it’s going to be perpetrated by an inescapable natural event or would be the result of our very own doing, no-one knows.
Regardless with the details the prospect on the end of days begs one real question.
How will this affect my credit?
A human extinction scenario opens exciting financial possibilities to the average American to maximise their capital resources. Best of all you do not need any business skills; solutions is already in the bank and expecting you with your mailbox.
Most Americans have dreams they believe they are going to never be in a position to achieve as a consequence of financial limitations. They already have debt they’re frantically attempting to pay off and lots of fear everyday for his or her financial futures. But if you think about that 2012 is only half several years away you don’t have a financial future anymore.
So how may you live your dreams before the tip?
The level of available credit you’ve is commonly known as “potential debt” and is particularly considered to be a bad thing. However with the impending extermination of mankind it now becomes “potential wealth” and is particularly your critical for living your dreams.
The starting point is to take all those credit cards you’ve got hidden away out again and begin spending. Also stop tossing hundreds of credit card offers inside trash and drive them up on their generosity no matter interest rates. Every new card is a bit more potential wealth.
The next step should be to reduce the amount you’re paying back towards the minimum payments. This alone can put large sums of money back as part of your pocket. But don’t get overzealous and quit paying altogether. If you do not make no less than the minimum payments you happen to be in violation within your credit agreements plus your creditors can trim you off. You don’t want that yet.
Finally reap the benefits of those courtesy checks which might be attached to your monthly statements in addition to cash advances. Not only are they just the thing for situations you cannot use bank cards you can use them to cover one card with another keeping much more cash within your pocket.
The important thing is always to pace yourself, if you too much immediately you will raise warning flags and again your creditors will cut you off. Eventually however even your minimum payments are likely to become burdensome. At this point you can easily stop paying, in the near future after your creditors will cut you off however if you were a knowledgeable credit user you have to have been capable of take selling point of around 80% of the credit. For the average American this could be upwards of $40,000.
But what if the finish does not come?
There is usually the potential that, like inside the past, is often a false alarm and life will keep on as usual. Not to worry, even if the tip does not come your credit resets itself every seven years, so determined by when you reached critical mass you simple need to wait a couple of years and begin over.
But it’s unlikely that it will happen, 1999 and 2001 were both false alarms therefore, the third times a charm as the saying goes. The real question for you is how foolish are you going to feel in the event the conclusion to mankind is near as well as the only thing you accomplished inside your final days was looking after your 720 credit history?**
*According with a interpretations with the Mesoamerican Long Count calendar utilized by the Maya civilization of pre-Columbian Mesoamerica the Mayan strategy is believed to predict inception and/or end of any major cycle of all time, the “end of the entire world,” or perhaps the “dawning of your new age” on or around the time of time surrounding December 21, 2012. The significance of this period-ending for the pre-Columbian Maya themselves is unclear however, it really is conjectured this may represent within the Maya belief system a transition from your current Creation world in to the next.