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Can you get a credit card company to cancel the interest and accept me paying the debt off?
Wiki User
∙ 13y ago
It is possible
ButIt is very difficult to get them to do this, they cancel the card and won't give you another.And they can report this as a negative on your credit report.
If you get them to do this:Make sure you get it in writing!Hold onto the letter or agreement!
They will sell your bad debt to a bill collector, maybe More than once and you will have to prove you have fully satisfied the debt!
Advice on how:Don't ever get angry, crying is Okay but quietly, no yelling, swearing or attitude toward the people you are dealing with.Start out and tell them what you can pay per month and why you can't pay the interest.
They will want you to pay the interest to date but may at their discretion forgive future interest.
They will not forgive interest already on the card account.
Get the agreement in writing. They will try to get you later if you can't prove an agreement.
When it is completely paid off get that in writing (see above)
Pay it off quicker than required. Get it over with!
Wiki User
∙ 13y ago
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If you apply for a credit card do you then have an option to accept or decline if you get approved or do you have to cancel the card if you decide not to take it?
Applying for a credit card does not mean that a person has to us it. It is advisable that the person does not cancel the card, as this actually is harmful to credit scores, while having an unused credit card can be beneficial for credit scores.
Which company does interest free credit cards?
Almost every major credit card company offers interest free credit cards. The factors that depend on your qualification include past credit history and current income.
Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
Where can one find a credit card that charges no interest?
Depending on the country that one resides in it would be difficult to find a no interest credit card. The company Virgin provides no interest credit cards.
What do you do if you lost your credit card?
Call the credit card company and tell them it is stolen. They will probably cancel your card and issue you with a new one.
How do you cancel your credit card?
call the company/ bank
Can an auto insurance company cancel your policy after reviewing your credit report?
They usually can't cancel a policy due to credit. The rates can go WAY up though!
Can you charge on a credit card that is in your bankruptcy AFTER actually filing bankruptcy?
"Whether a debtor keeps credit cards after filing bankruptcy is up to the credit card company. If you are discharging a credit card they will cancel the card unless you reaffirm the debt. Even if you have a zero balance the credit card company might cancel the card."
If you apply for a credit card do you then have an option to accept or decline if you get approved or do you have to cancel the card if you decide not to take it?
Applying for a credit card does not mean that a person has to us it. It is advisable that the person does not cancel the card, as this actually is harmful to credit scores, while having an unused credit card can be beneficial for credit scores.
Where can free software be found to allow a company to accept credit cards?
Several websites offer services where a company can accept credit card payments for free. The Site Wizard is one site that will guide one on how to accept credit card payments on their website.
What company has the lowest interest credit cards?
Interest fees vary depending on the credit card company. Most companies apply interest based on your credit score and credit history. To obtain a lower interest rate, increase your monthly payments or make payments more frequently. The more payments you make the lower your interest will be.
Which company does interest free credit cards?
Almost every major credit card company offers interest free credit cards. The factors that depend on your qualification include past credit history and current income.
Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
How do you cancel your true credit account?
Change your credit card number to all zero's (16) and accept. I had to call all over the planet and even file a complaint with the FTC before someone at this company would give me the info. So, PLEASE spread the word!
Where can one find a credit card that charges no interest?
Depending on the country that one resides in it would be difficult to find a no interest credit card. The company Virgin provides no interest credit cards.
What do you do if you lost your credit card?
Call the credit card company and tell them it is stolen. They will probably cancel your card and issue you with a new one.
How do you cancel an existing credit card?
Call up the Credit Card company and tell them to clsoe the account, you will be sent a letter confirming that as well.
