I'm currently a contractor in Iraq and in the year I've been here, I've paid off both my credit cards, laptop and old car, but I have some "old bills" that still linger. Y'know the usual-- an insurance company says I owe them for damage to a clients car, my old bank says i owe them for closing my account while in the red, cell phone company from a year ago...yadda yadda yadda...ANYWAY, Last month during R&R, I bought a new car with no co-signer and also got an American Express card approved, so I know my credit can't be hurting too much. My question is this....if I pay those "old bills" now, am I just throwing that money away and/or how much can that really help? Would I be better off just paying off my car early and on time? Personally, I like the "ignore them and hope they go away" approach, but I'd like to get ya'lls opinion....thanks
Tags: