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Credit card companies can bring you to court if you owe outstanding debts. They could end up garnishing your wages or even take your car if they win the case.
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∙ 9y ago
Y S Ganesh
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Is a Visa card a good card to have?
A good thing is to have one credit card, whether it be a Visa or a Mastercard. I say this because if you ever get into a jam most rental car companies will not take a debit card, it must be an actual credit card.
What will happen if had a stroke but still got unpaid credit card and personal loan?
During events of emergencies such as car accidents, personal property damages or getting too sick, some credit card companies offer supplemental insurance for credit card. The case of being sick with unpaid credit cards will be handled accordingly with applicable laws.
Does foreclosure affect the credit lines used for car loans and credit cards?
Foreclosure makes your credit score go down. If you already have a car loan, this shouldn't change anything. I've never heard of them changing the interest rate. Credit card companies however can do almost anything they want. If your credit score goes down significantly, they can raise your credit card interest rate. Even if you've always paid on time and never had any problems with them.
What are some reputable bad credit car loan companies?
There are many bad credit car loan companies that may be able to help. These include Car Finance 247, the Bristol Car Finance company and Capital One Loans.
What is a tradline?
any credit line that you have- credit card, car loan, mortgage and student loan
How can one rent a car with no credit card?
If you would like to rent a car but do not own a credit card you may be able to pay on a debit card instead. Rental companies understand that not everyone has a credit card and that this does not mean they have bad credit. All companies are different so it is best to check with them if they take payment via a debit card.
Can a doctor's office keep credit card information on file to pay co-pays?
I am a doctor- but also go to doctors and take my kids to doctors (very often!). Blockbuster has had my credit card (for more than 10 years), hotels take my credit card, car rental companies take my credit card. ?Do I trust the doctor less than those companies? If I owe money, then they will charge my credit card- Does ANYONE have a (legitimate) problem with that?
Is a Visa card a good card to have?
A good thing is to have one credit card, whether it be a Visa or a Mastercard. I say this because if you ever get into a jam most rental car companies will not take a debit card, it must be an actual credit card.
How do credit card companies use a person's credit report...?
When a person applies for a car loan, mortgage or credit card, the lender determines if lending money to the consumer will be a risk. Credit scores are one way to help credit card companies make the decision to issue credit. To determine if that person should be given a loan or credit card (apex)
If you default on credit card payments can they take your car?
no
Are there any car rental companies that don't require a credit card?
None that I know of.
Is it legal for credit card companies to threaten to call relatives in an attempt to collect on a past due balance?
Credit card companies may call relatives that were given as a reference on the car loan. It is not illegal to call them, it is illegal to harass them.
Can credit card co take your car or furniture?
yes everything but your life
Can you use your credit card to pay your monthly car loan?
I don't have an exact answer but for sure Chase and Capital One don't take credit cards. You can use credit card checks but no direct debit from credit card.
Can 2500 credit card debt permit credit card co to take your car?
NO. Only a lender with a lien on your vehicle has the legal authority to repossess it.
Where can you rent a car using a credit card and no cash deposit?
In the United States, most rental car places do not require a cash deposit - unless your history with them is dismal. Rental car companies prefer having a credit card number on file - this allows them to add additional charges to your bill if you don't adhere to the contract you signed. For instance, if the car comes back dinged or dented, the rental car company can charge the repair cost to your credit card number. If you refuse to pay, that's between you and the credit card company - the rental car company will be paid by the credit card company unless you protest the charge as fradulent.
Do car rental agencies accept secured credit cards?
Yes, Car Rental Companies accept Secured Credit Cards. There are two types of cards. "Secured" and "Prepaid". Prepaid cards will be accepted at rental companies (or will be treated like a debit card). SECURE cards on the other hand are not like a credit card. The rental company has no way of knowing rather the card is secured or not.All secured cards say "debit", and have a Visa, Mastercard logo, etc. However, as with any credit card (secured or su-secured), they will take a deposit out on the card that covers the rental fee for your expected term. This will not be "charged", but "held" to your card until you return it, at such a time you can choose to authorize the payment to go through or pay the balance with a debit card, allowing the hold on the credit card to release.
