What's the worst a credit agency can do?

[ManiscewitzTime]

Realistically, if they've already listed your debt on all of your credit reports, what is the worst that a credit agency can do? From what I've been reading suing you is definitely an option. But is this something that they're really going to do for a debt of $400 or so? I mean, I would have to imagine that the legal fees wouldn't even be covered by what they made back. Other than ruin your credit, and maybe sue you, is there anything that a credit repair agency can legitimately do to harm you financially?

[Lakers2010]

Good question, I would also like to know what exactly they can do to harm me financially...

[mycreditgroup]

Aside from suing you and ruining your credit? Not sure how to answer that.

If they were to get a judgment, they're going to get their money one way or another. Then you have a judgment which is absolute destruction to your credit which will cost you $400 many times over in interest fees you'll be paying on anything you finance.

Is $400 worth all that?