Interactive: Life cycle of a delinquent credit card account

By Anna BlekerCreditCards.com

You owe money, and the constant phone calls and letters from debt collectors won't let you forget it. The longer your debt goes unpaid, the more it changes hands -- which means that your debt will continue to get priority status each time it’s sold.

In the interactive below, we'll explain the ins and outs of the delinquent debt cycle. Click "Play" to see how it all works:

Continue Reading Below

More from CreditCards.com:

What do you think?

Click the button below to comment on this article.