I maxed out my credit card about 15 years ago. I was able to clear it in about 4 by sharply reducing my living standards and finally by selling some stocks. My finances have pretty much rebounded since then, but I still live in fear of that ever happening again. Heck, my current cc has no more than a 5k limit on it and I tear up offers for a silver card whenever I get them.
I maxed out my credit card about 15 years ago. I was able to clear it in about 4 by sharply reducing my living standards and finally by selling some stocks. My finances have pretty much rebounded since then, but I still live in fear of that ever happening again. Heck, my current cc has no more than a 5k limit on it and I tear up offers for a silver card whenever I get them.