Will a credit card company close your account if you enter a hardship program?

Comments

1. Fathom Warden: often these programs seem like a lifeline, but what's the real cost of borrowing from your credit future that way?
2. Brunoyang: I'm surprised they're not emphasizing the consequences more - it's not like consumers can just opt out once they realize what they've gotten themselves into
3. Miaholt: people keep glossing over this but enrolling in a hardship program can seriously hurt your credit score long-term
4. Ashen Cinder: i've had friends whose accounts got shut down after hardship enrollment - always worth getting it in writing first
5. ☕️ Rayan: good to know, but the part about losing credit score progress has me thinking
6. Marek: That's a tough tradeoff – not being able to use credit at all for a year is pretty drastic if your situation really isn't that dire
7. Noah: I've heard those programs can actually ruin your credit score in the long run, even if they ease the pressure short-term. What's the alternative for people who really need a break
8. Dane: that's the catch I worry about, always being on their radar afterwards
9. Irisa: seems like the fine print would be a real problem here

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