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they get turned in to a collection agency and if they cannot collcet a lawfirm will try to collect if they cannot collect you will be served

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โˆ™ 2006-03-10 20:00:28
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Q: Do you have to pay off your credit card if it has been more than 7 years?
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How long will credit card default affect your credit?

7 years, no more than 10.


What if credit card debt is more than 7 years?

it expires..


Do you have to pay after using an itunes voucher card?

Once the credit on the card has been used then you will need to pay (or add more credit to your account) for purchases.


Can you be in credit on a credit card?

Yes, When you spend more than the credit limit of your card.


Build Credit with a Secured Credit Card?

It is possible to get a credit card with bad credit, even if you have previously been turned down. Choose a credit card company that allows you the option of securing your own credit card, meaning that you essentially put your own cash into a special account first. You then get your credit card and use your own money as credit. The more money that you can deposit, the more you can charge. This type of secured credit option allows you to build up your credit again, while allowing you the freedom and convenience of a credit card.


Is credit card specific noun?

No, credit card is not a specific noun. A store credit card or bank credit card are specific; Macy's Card or Master Card are more specific nouns.


how to achieve credit card goals?

These people are experts in the credit repair field and helps individuals meet their credit goals. Their process has been been developed, refined and proven over many years and thousands of customers. h ttps: //yazing .com/ deals/ creditrepair/ SungJinWoo (remove the spaces and click on the link to know more)


Where would I get information on applying for a platinum credit card?

A platinum credit card is a credit card which usually has a higher than usual credit limit. Also it has more advantages than a standard credit card or a gold credit card.


How can you get a credit card with bad credit?

First thing that you have to do is to repair your credit card history. Look for the things that can be fixed. Next thing is to review your current status. There are certain qualifications that credit card companies are requiring for people to have a bad credit card history to have a new credit card.


Why are credit card terminals for the iPhone safe?

iPhone credit card terminals use encrypted data to mask the card information in the same way that online credit card processors do. Since iPhone terminals have become more popular in past years with small or home businesses, Banks and Credit Card Processing Services have worked towards making the encryption even more complicated.


What benefits can credit cards offer gives?

It helps your credit score, and has benefits. The more you use a credit card the more benefits and your credit rises. The better the credit score the more likely credit card companies will contact you.


What is the definition of credit card debt?

Credit card debt occurs when a consumer uses their credit card in excess and are unable to pay the bill. Often times the consumers has more than one credit card and they use them all and get into more debt.


Does cancelling a credit card affect your credit score?

Yes, canceling a credit card always reduces your credit score. It never improves your credit score if you cancel a credit card account. If you have had the card for more than 2 years, or if you have a substantial amount of available credit at the time that you close the account, then the reduction in your credit score is even greater. However, if it makes sense to you to close the card, and you do not plan large purchases in the near future, your credit will recover without your feeling the difference.


Will you go to jail for not paying your credit card?

More than likely you will not go to jail. If it was obvious that your intent was to run up a ton of credit card debt and you had no intentions of ever paying it, then you could be going to jail. Normally it will just ruin your credit for years and years to come.


Where can I get information on Credit Card Consoldations?

You can visit www.careonecredit.com for more information on credit card consolidation.


What is more credit damaging Bankruptcy or settling a credit card debt?

Bankruptcy would be more credit damaging than just having large credit card debt, mainly because it stays on your credit report for longer. One of the biggest disadvantages of filing for bankruptcy is the lasting effect it has on your credit report- typically staying on your report for 7-10 years. With credit card debt there are more flexible options and obviously when you pay the debt and does not stay on your report for as long.


Credit card for bad credit?

CreditRepair are experts in the credit repair field and helps individuals meet their credit goals. CreditRepair process has been been developed, refined and proven over many years and thousands of customers exe.io/i4Kuc


Where can I get a free credit card?

Many credit card companies offer free credit cards with no annual fee. You are more likely to recieve a card without an annual fee if you have a high credit score. On such credit card company is Capitalone.com.


Credit card interest rates?

This question needs more detail what about credit card intrest rates


Where can one get more information on credit card processing terminals?

There are many good resources for more information on credit card processing terminals. Popular online credit card processing tools such as Intuit and PayPal offer more information. Office stores such as Staples offer credit card processing terminals for purchase.


Where can I find information on the miles card?

The Miles Credit card allows you to earn miles with your daily purchases. You can learn more about the Miles Credit card at www.discover.com/credit-cards/get-discover/miles-card.


What are the average statistics of credit cards?

According to the CreditCards website, as of 2008 there were 176 million credit card holders. The majority of credit card holders have 3 or more credit cards, and over 40% of students have a credit card.


What are the basic steps to apply for a credit card?

To apply for a credit card it is best to educate yourself of the requirements of a card, check credit scores, and apply only to companies that are more likely to accept said credit scores for a credit card that has affordable interest rates.


What are the more popular credit card affiliate programs?

It's hard to know what the best credit card affiliate programs are but some of the top ones are Credit Card Broker, Nationwide card services, and credit cards official site.


Can you get a credit card with bad credit?

Yes you can! If you can afford to place a security deposit of $200 or more you can get a secured credit card. You are guaranteed approval for a secured credit card regardless of how bad is your credit and what is your income. There is also a chance that you might be able to get an unsecured credit card, if your credit is closer to fair than bad.