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Can credit card companies sue you if your 65 years old or older?
Wiki User
∙ 14y ago
No. They cannot sue you just because you are 65 years old or older.
Yes - They can sue you, if you owe them money
Wiki User
∙ 14y ago
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Will a credit card company consider an elderly borrower's advanced age when deciding whether to sue over credit card debt?
Credit card companies typically consider various factors when deciding to sue for credit card debt, such as the amount owed and the borrower's ability to repay. While age may not be a determining factor on its own, the borrower's overall financial situation and assets may influence the company's decision. It's important for elderly borrowers facing difficulty with credit card debt to seek financial advice and explore options for managing their debt.
What happens in GA if you are put in nursing home and no longer can pay your credit card the agency is saying it will be turned over to an attorney because several charges were made in the last year?
If you are unable to pay your credit card bills while in a nursing home in Georgia, the credit card agency may pursue legal action against you for non-payment. This could involve the debt being turned over to a collection agency or an attorney for further action. It's important to be proactive in communicating your situation with the credit card agency and seek advice from a legal professional if needed.
Can the ontario teachers pension be garnished?
In Ontario, the Ontario Teachers' Pension Plan is generally protected from garnishment by creditors. However, there are exceptions for certain types of debts, such as family support obligations or arrears owed to the government. It is best to seek legal advice for specific situations involving garnishment of pension funds.
Who is responsible for grandmother's credit card debt?
The responsibility for your grandmother's credit card debt typically falls on her estate after she passes away. If there are insufficient funds in the estate to cover the debt, the creditors may not be able to collect. It's advised to consult with a legal professional to understand the specific implications in this situation.
What happens to credit card debt for someone in a nursing home?
If a person is in a nursing home and unable to make payments on their credit card debt, the debt typically remains their responsibility. The credit card company may work with the individual, their family, or their power of attorney to establish a repayment plan or negotiate a settlement. In some cases, if the individual has no assets, the debt may be written off by the credit card company.
Can you get a credit card with no limits at 18?
Yes. You must be 18 or older to obtain any sort of credit, whether it be a credit card or loan. Some companies require their customers to be over 21.
How old do you have to be to get a credit card and why?
18 years older or 21 years older. It depends what your parents think i reconmand 18years older. That's when your a adult
Where to get a credit card?
Banks and credit card companies i guess
When you die can credit card companies put a judgment on my property?
...you...my...?When I die, your credit card companies have absolutely nothing to do with the situation.When I die my credit card companies will take whatever I owe them.
What are some of the 'major' credit card companies?
Some of the 'major' credit card companies are Visa, Mastercard, and American Express. These three are the three largest credit card companies in the world.
How do credit card companies earn profits?
Credit card companies earn profits by charging interest.
What credit card companies offer cash advances?
There are a number of credit card companies that offer cash advances to customers. One can get them from Citi credit cards, Commonwealth Bank Credit card and the HSBC Credit Card.
Where can one find reviews on Credit Card Companies?
There are many places where one can read reviews on credit card companies. One can read reviews on credit card companies at popular on the web sources such as Capital One and Credit Card Guide.
What is the legal age to use a debit card?
There is no specific legal age to use a debit card, but most banks require individuals to be at least 18 years old to open a bank account and obtain a debit card. In some cases, minors can have a joint account with a parent or guardian to use a debit card.
What companies offer guaranteed credit card approval?
When looking for a credit card some type of credit history assessment will have to take place. No companies will offer a guaranteed offer of credit. Some companies are easier to be accepted to if you have poor credit history such as a credit builder card.
What is meant by credit card companies having to validate?
meaning of credit card
What companies offer a card balance transfer credit card?
Need a card balance transfer credit card and wondering which companies offer them? There are many companies offering a card balance transfer credit card including but not limited to Discover card, Capital one and Venture rewards.
