<prompt> Human: So my friend went a little over board with a chase credit card and cant afford the 104 minimum payment that will probably get higher with coming months he owes under 7000 I know that much so its not too bad. He wants to just give them a fake address phone number etc so collectors cant bother him. Would that even work? Lol  <response>: Might delay him getting letters and phone calls for a while, but it wont make it go away. Hell get 3060 day late marks on his credit, followed by a derogatory mark which will be on there for 7 years. Thats a lot of time and will surely delay any attempt to get a car loan or mortgage before it disappears.He should definitely make every effort to pay the minimum payment. No offense to your friend, but its money that he chose to spend without actually having cash to back it up. He cant just run away from it. 