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Yes.
Read the issuer Terms & Conditions - for example, I have read Amex Gold Business Charge Card; it says there, that they may close the account for any reason within 2 months notice... I have seen o the net people saying that their account have been closed for this reason and I can assume it is a valid reason as card issuers don't need the accounting paperwork for a non-working account.
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Where can one find non-profit credit card consolidation?
One can find non-profit credit card consolidation by visiting the Consumer Credit Website, a company that specialize professionally in credit and debt counseling.
What are the advantages of paying with a credit card?
The best reason is that, in the case of non-delivery of what you've purchased or fraud, you can invoke the Fair Credit Act in a letter to your credit card company. If this is done within the time dictated by the act, the credit card company will remove the charges until the matter is resolved.
Will canceling your credit card hurt your credit?
Most likely it will. The credit agencies may not know whether you cancelled your account, or if it was taken away from you by the credit card company. If you are concerned about your credit score, then having 2 to 3 credit cards will generally raise your score, as it demonstrates that each credit card company believes you to be capable of paying their credit card bills. Only use those credit cards enough times a year that they will not be canceled due to non-use.
What is the process for adding cash on a credit card?
The only way you can add cash to a credit card is if it is prepaid; however, in the circumstances that the card is prepaid, all you have to do is make a deposit onto the card through your bank. Otherwise, the only thing you can do on a normal, non-prepaid card is ask the company to extend your credit.
What sort of financial institution is Capitol One?
It is a credit card company that issue secure and non-credit cards and debit cards. It has a wider acceptance and more recognizable brand than most secured credit card corporations.
Where can one find non-profit credit card consolidation?
One can find non-profit credit card consolidation by visiting the Consumer Credit Website, a company that specialize professionally in credit and debt counseling.
Does the credit card company can sue you because of non payment of your monthly dues while you are staying in the other country?
A credit card company will add non payment onto the outstanding balance and that in turn wil incur the agreed interest charges of your credit card company. Also, if you continue to miss payments even though you are staying abroad, this will eventually affect your credit rating, making it very difficult to get future credit.
What are the advantages of paying with a credit card?
The best reason is that, in the case of non-delivery of what you've purchased or fraud, you can invoke the Fair Credit Act in a letter to your credit card company. If this is done within the time dictated by the act, the credit card company will remove the charges until the matter is resolved.
What happens when you are in a nursing home and can longer pay your credit cards?
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.
Will canceling your credit card hurt your credit?
Most likely it will. The credit agencies may not know whether you cancelled your account, or if it was taken away from you by the credit card company. If you are concerned about your credit score, then having 2 to 3 credit cards will generally raise your score, as it demonstrates that each credit card company believes you to be capable of paying their credit card bills. Only use those credit cards enough times a year that they will not be canceled due to non-use.
What is the process for adding cash on a credit card?
The only way you can add cash to a credit card is if it is prepaid; however, in the circumstances that the card is prepaid, all you have to do is make a deposit onto the card through your bank. Otherwise, the only thing you can do on a normal, non-prepaid card is ask the company to extend your credit.
What sort of financial institution is Capitol One?
It is a credit card company that issue secure and non-credit cards and debit cards. It has a wider acceptance and more recognizable brand than most secured credit card corporations.
Can a thrid party collector put a lien on your mortgage in Texas?
yes they can. But only for non payment of serives/ material. Not a credit card or credit lending company.
Can a credit card company freeze your bank account after a garnishment is ordered even if your credit card was not with that bank?
Yes, that is the way a garnishment works. When the credit card company sues you for non-payment of debt, they win a judgment. The judgment can be a garnish on your paycheck or your bank account. It makes no difference who you have a bank account with if they were awarded the garnishment by court.
Can a credit card company take your paid off vehicle?
They can if they got a judgment on your possessions for non payment of debt, otherwise no.
Can the person who used there credit card cancel your car insurance or is that only the policy holder that can do this?
The person who is the policyholder is the only one who can request a cancellation of the policy. If however, payments are being made monthly or quarterly to a credit card they can stop the payments and the policy will cancel for non-payment. You will receive a notice of cancellation and have the opportunity to change to a different form of payment to keep the policy in force.
When can you stop a purchase amount if the service was not delivered. Can I sue the credit card company for not honoring my report, and getting my money back ?
Your credit card company doesn't have to honor your report, according to federal law, but they must work to resolve the dispute. If you feel that the merchant is in violation due to non-delivery, and your credit card company has not properly addressed the situation, you might try going to the FTC and filing a complaint at https://www.ftccomplaintassistant.gov/
