[Sakuraba]

I think this would hurt your credit score. I think they would stop being satisfactory accounts and become derogative accounts. If that is true, it would hurt your score. I think you should do some research on creditboards.com. There is a lot of good information there. You should be able to get the answer to your question there.

On a more philosophical level, I think this would absolutely be dodging the debt. I don't understand how you could view it any other way. You are not going to pay them back all of the money that you agreed to.