Connecticut  |  Credit and Debt Law

If you don't pay it off it shows up on your credit report. If you eventually pay it off, it will show paid but late. Any payments you make, no matter how small have to show up on the credit report because the balance you owe is reduced as you pay. Banks look at your credit report when you apply for credit.

I can't comment on the "I ruin my chance" statement. Sounds like you are being bullied to me.