0
How long should you withhold a payment if you are disputing a charge on your account and the dispute is not settled?
Wiki User
∙ 8y ago
You should continue to make min. payments on your account. If you don't, it will effect your credit rating and it is much harder to repair your credit than get a credit for the payment you made from the credit card company.
It depends. You have a right to not pay for the disputed amount on your credit card. This is under the Fair Credit Reporting Act, I believe. They can not use this nonpayment to negatively affect your credit or your account. (I took a class on this in law school)
However, if you already had a balance, you still need to make payments to cover that. Withholding payment only applies to the portion you are disputing.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Can a customer withhold payment for materials on a job that has ended in dispute?
chicken wing, chicken wing hot dogs and bolony
Can a judgment be settled by going to the courthouse and making payment for the judgment amount?
Yes. Then get a letter stating the debt was satisfied and photocopy it. Get a report from each reporting agency, dispute it saying it should say "satisfied"...attach a copy of the letter from court to your dispute letter. Attach the page of your report (photocopy) and highlight the item disputing. Include the case/account number in your dispute.
Will a dispute letter reopen date last active?
Yes, a payment, dispute letter, request for amendment of payments, etc. will change the DLA on an account. And that in turn will end the expiration time for the state's SOL. For the SOL to be reactivated the account will need to be designated again as being in default.
How do you remove payment from suspense account to customers account?
payment in suspense to customers account as receivable account
If something stays on your credit for 7 years from the 'last activity ' does this mean the last payment you made or the last collection attempt?
It means the first day the account became delinquent. Say your payment was due Jan 1, 1997 and your contract stated the account would be delinquent if payment was not received by Jan 15, 1997 and you made no payments on the account after that date. The date of last activity should be reported as Jan 15, 1997. If it is not then dispute the account with the CRA's.
What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
How can you dispute the late payment and overlimit fee on your credit card?
A dispute letter must be sent via certified mail within 60 days of the portion of the account that is being questioned. Copies of pertinent documentation substantiating the claim, such as a cancelled check(s) should be included.
Will disputing a old debt on your credit report restart the statute of limitations in NY?
No, only making a payment, promising to make a payment, or providing a letter of reaffirmation of the debt can reset the statue of limitations.
What accounts affected in received payment on account?
"what accounts are affected and how when a payment on account is received from a customer
What payment on account by a customer?
A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.
What is a payment on account by a customer?
A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.
How can you split a payment between your savings account and your checking account In the ePay function?
In the ePay function, how can you split a payment between your savings account and your checking account
