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If you have two credit cards with about 20000 dollars of debt on them and you can't pay what will the credit card companies going to do to you?
Wiki User
∙ 18y ago
Consumer's sometimes have a misconception about athe collectibility of unsecured debts such as credit cards. Discover is a company that aggressively pursues collection of defaulted accounts. The original creditor(s) can file a lawsuit or can sell the account to a third party who has the same debt collection rights including legal remedies. Regular collection attempts will be tried first, meaning mail and telephone contact. The default of the accounts will also be entered on the person's credit report. If a creditor decides to sue, it will take some time, the average being 15 months from time of filing to court date.
Wiki User
∙ 18y ago
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What are some good credit cards for people who have no credit?
There are various companies that have special credit cards to help you build your credit. Most companies offer secured credit cards, that would be your best bet to build your credit rating.
Which companies offer credit cards for a small business?
There are several companies that offer credit cards for small businesses. They are Capital One, American Express, and also Visa has credit cards available.
What companies offer interest-free credit cards?
Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards
Which companies offer second chance credit cards?
Some companies that offer second chance credit cards are: Capital One, First Progress and USAA. According to the Credit Card Forum online these credit cards are the top 3 recommended.
Where is the best place for students to apply for credit cards with no credit history?
There are many companies that cater to students with no credit history. One of the largest companies is Chase but store credit cards are also good to start.
What are some good credit cards for people who have no credit?
There are various companies that have special credit cards to help you build your credit. Most companies offer secured credit cards, that would be your best bet to build your credit rating.
Who issues credit cards?
Credit card companies.
Which companies offer credit cards for a small business?
There are several companies that offer credit cards for small businesses. They are Capital One, American Express, and also Visa has credit cards available.
What credit card companies offer identity monitoring?
There are a number of credit card companies that offer identity monitoring. Citi credit cards offer identity monitoring as do Capital One credit cards.
What companies offer interest-free credit cards?
Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards
What companies are credit card providers?
Companies that provide credit cards tend to be banks. In the United Kingdom, for example, Barclays, NatWest and Lloyds banks issue credit cards. These banks also offer debit cards.
Which companies offer second chance credit cards?
Some companies that offer second chance credit cards are: Capital One, First Progress and USAA. According to the Credit Card Forum online these credit cards are the top 3 recommended.
What is a list of reliable credit cards?
There are many credit card companies that offer reliable credit cards. However, my list of reliable credit cards would include Visa, MasterCard, HSBC, and RBC credit cards.
What companies offer pre qualified credit cards?
There are many places that lists many companies offering per-qualified credit cards with competitive interest rates. CreditCards.com is a great place to look for credit cards since they list many different kinds from different companies that offers per-qualified credit cards with competitive interest rates as well as credit cards for people who never had a credit card before and want to build their credit.
Where is the best place for students to apply for credit cards with no credit history?
There are many companies that cater to students with no credit history. One of the largest companies is Chase but store credit cards are also good to start.
Where can one get an advance credit card?
Advance credit cards can be obtained from many different companies that offer credit cards. Some examples of these companies include Bank of America and Capital One.
Which companies offer corporate business credit cards?
Companies that offer business credit cards include MasterCard, Visa, Citibank, American Express, and Capital One. You can apply for a business credit card online at these companies' websites.
