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What happens when you are in a nursing home and can longer pay your credit cards?
Wiki User
∙ 8y ago
You will default on your credit card accounts. Being an unsecured loan, there is little a credit card company can do. That is a risk credit card companies take.
Regardless of why you can't pay, non-payment will result in default. The extent to which a credit card company will attempt to collect depends on whether or not they feel you have sufficient income.
Wiki User
∙ 8y ago
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