Bad credit on purpose?

Let's say that I have a credit score of 700. I'm currently paying a game system for 700$ on time, as well as a $13,000 car.

If I don't pay another 700$ credit bill, how bad will my credit be? Will the car and system be enough to recover it?

 

Erm not really sure how much it will affect it, But it will go down as a late payment on your credit record.

I strongly suggest you pay your bills my friend, If and when you go for a mortgage in the future.. This could cause problems.

 

IMO, pay off debt as soon as you can. No point waiting for it to build interest

 

I would never put anything on a credit card that I couldn't pay off that month. Simple as that. But then again, I'd be a plastic surgeon and could just buy myself a new car with every paycheck.

 

Honestly, you should never take a loan just to buy something cool..

Only way I would ever need a loan is to buy a house, not for a car or whatever.
It's really not the smart way to go, but I guess it's normal in America eh?