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In some Jurisdictions debts expire after 7 years of inactivity.
In other words you have not been paying them and have not been talking to the lender.
Other places have difrent rules
Check your local laws.
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∙ 14y ago
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Is a widow obligated to pay for her deceased husband's credit cards even though she is not on the credit cards in Arizona?
Money that goes to his estate needs to pay off the account.
Can a child be obligated to pay a parents' credit card debt when they are of legal age if they were assigned a card as a minor?
no
What are the most common credit obligations?
All purchases made with credit cards become credit obligations, in the sense that you are legally obligated to pay for the items you buy on credit. Most home buyers also require a loan to buy a house, and they are obligated to make payments on that loan. Student loans are also very common. People finance their higher education on credit, and they are obligated to make payments on those loans.
Can a teenager under the age of eighteen be legally obligated to pay back credit cards in the United States?
A child under the age of 18 is not legally obligated to pay back any credit card debt. Their parents are also not obligated to pay back the debt for them. The teen, however, can be taken to court and/ or face criminal charges for filing a false credit card application and also face charges if they used a social security number from another individual who was over the age of 18.
How a Credit card can have multiple APRs?
to pay things
What do use a credit card for?
TO pay things and or delay payments
How long does it affect your credit score if you do not pay your credit cards?
As long as you are not able to pay on time your credit cards and you are not maintaining a good credit payment schedule, your credit score is affected. Therefore, you must pay or settle all your accounts with your credit card in order to have a good credit score. There are ways on how to do this. Search online , there are sites that give honest and effective advice.
What is e credit?
an arrangement in which a bank, store, etc., allows a customer to buy things with a credit card and pay for them later, In which the customer have to pay some money for the credit service.
Can you pay a credit account with a credit card?
Yes as long as it's a different account.
What is e credit accounts?
an arrangement in which a bank, store, etc., allows a customer to buy things with a credit card and pay for them later, In which the customer have to pay some money for the credit service.
What happens for non payment of credit card FAQ?
if you dont pay your credit card bill, they will charge you the amount that you didn't pay plus interest on your next bill. If you wait too long to pay your bill, they might hire a collection agency to get the money back or reposses your things
How can you reduce a term of a loan?
If you refinance. Your best bet is to leave it alone & pay more if/when you can that way you are not obligated for the extra if things change.
