Best Answer

Yes they can. Many large department stores just put outstanding debts into the hands of a collection agency. They hound you and have nothing to do with the added interest! Did you know, that as long as you are being truthful, work hard, and really can't afford to pay much on your account and as long as you pay something on that account they can't take you to court? So, be honest and if all you can afford is $20 here and $50 there do it! Good luck Marcy A creditor does not have to accept any amount other than that which was agreed upon in the original contractual agreeement. In the majority of credit agreements there will be a stipulation that the creditor can at any time accelerate the rate of repayment or take "remand and cure" action as is deemed necessary. All applicable fees and interest will accrue until the debt is paid in full or satisfied under the terms of a reaffirmation agreement or court judgment.

User Avatar

Wiki User

โˆ™ 2005-11-19 04:28:55
This answer is:
User Avatar
Study guides
See all Study Guides
Create a Study Guide

Add your answer:

Earn +20 pts
Q: If your Sears credit card has gone into collection can Sears continue to add interest or updates to this account?
Write your answer...
Related questions

Will I get SMS updates for free current account?

Yes, if you have a free current account with a bank you would surely get SMS account updates for charge card balances and other transactions.

What is the collection of major operating system updates?

Utility Software!

Why do Automatic updates keeps appearing and what is the remedy to the problem?

Automatic updates are sent when Microsoft identifies a problem and has a "patch" to send out. Let the automatic updates continue.

What are the benefits of the Citibank Savings Plus Account?

The Citibank Savings Plus Account requires only $100 to open. There are no monthly fees or withdrawal fees. Interest rates for balances between $1000 and $25,000 is 0.1%. Updates regarding your account can be given by text or email.

Where can you find all the new updates for minecraft 1.2.0?

minecraft wiki has a good info collection including future updates and ideas by notch/jeb

How you get news updates in your Gmail account?

You need to first goto Google news and subscribe and then you will get them in your gmail account.

Does Lady Gaga have a Twitter account?

Yes, she does, and she regularly updates it herself.

What hospital is Ryan Kelly in?

He is out. For official updates please see his twitter account

Why is your account in Facebook unavailable?

because the servers are down or updates/maintenance is in progress....

An operating system can ensure that applications continue to run when hardware upgrades and updates occur?


Can an operating system ensure that applications continue to run when hardware upgrades and updates occur?


Can a operating system can ensure that applications continue to run when hardware upgrades and updates occur?


How do you unsubscribe from Facebook?

You can deactivate your facebook, by editing your account settings. If your account is deactivated, no one can search you or look at your profile, and you will not receive updates.

Do you need a PlayStation account to download?

To download what. You need a PSN account to just use the Playstation Network on the PS3, but I think you can download game updates without an account.

Where can someone find a list of home loans interest rates?

There are several websites that offer daily updated lists of home loan interest rates. They include Zillow, Bank Rate and Interest Updates. Most larger financial institutions have updates on their pages; these include Bank of America, Wells Fargo and GMAC Mortgage.

Why do you need your email for an iTunes account?

That way you iTunes can send you updates and new information. :)

What A collection of patches is called a bug true or false?

False. A collection of patches is usually known as an update. Updates are often intended to fix bugs as well as to add new features.

Is Ryan kelly of Celtic thunder in the hospital?

He is out. For official updates please see his twitter account

How do you set facebook to get mobile updates from you?

Go to account settings and then click on mobile . Its pretty easy from there .

How is Ryan kelly Celtic thunder heard he was in accident?

For official updates please see his twitter account

What does subscription in facebook means?

It means you will be notified for events such as wall posts, status updates, new friends etc. about that person. You can turn certain functions off for instance if you have no interest in knowing who that person is now friends with or if you don't want to see all their photo updates. You might want to also switch off email updates if you are getting spammed with everyone's updates.

Why do companies send updates to your device?

They send updates because they have improved their software, and they want everyone to have the latest version. They fix bugs and often add new features. You can choose whether or not to install updates, but the software may not continue to function after a certain point if you do not install them. If you are trying to avoid using your limited data, you should only install updates when you are connected to the local internet.

Can you still receive updates for games if your xbox live account is banned?

Yes, I do believe so.

How can you tell when your question has been answered?

If you have an account, you can choose to watch the question and get updates. If it has been answered, it will appear in your watchlist.

When installing updates on an operating system it's important to check the security on new user accounts?

administrative account