Personal Finance
Credit and Debit Cards
Money Management
Credit

What are the limitations of a using a credit card?

202122

Top Answer
User Avatar
Wiki User
2006-04-25 22:11:26
2006-04-25 22:11:26

depends on the company giving the card,read the policy and the disclosure statements

1
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions

User Avatar

http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php

User Avatar

The statue of limitations on credit card fraud in Florida is 4 years. The credit card company forfeits any legal action to collect debt after 4 years.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Colorado is 3 years. That is measured from the last use or payment.

User Avatar

The statute of limitations in Washington state for credit cards is 3 years.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Virginia is 3 years. That is usually from the last use or payment.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Kentucky is 5 years. That is measured from the last use or payment.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Connecticut is 3 years. That is typically measured from the last use or payment.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Florida is 4 years. That is typically measured from the last use or payment.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in California is 4 years. That is normally from the last use or payment.

User Avatar

Even if you are not using your own money but you have got a limit of spending.If you cab have a higher limit, i don't see many limitations with a credit card.

User Avatar

Is there a cost to find out the staue of limiations in years on credit card debt

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Indiana is 6 years. That is measured from the last use or payment.

User Avatar

Florida has set the statute of limitations at 4 years. A credit card is an open ended account. That will be from the last communications from the debtor. Please note that the credit card may be based on a different jurisdiction which could be longer! Check your agreement for the applicable jurisdiction.

User Avatar

In a study done in 2010, the statute of limitations on credit card debt in Texas was four years. This law was established in 1985 by the Texas Legislature.

User Avatar

The statute of limitations in the province of Quebec and yes I did say province and not the Republic of Quebec is 3 years for credit card debt. Merci

User Avatar

The Statute Of Limitation for credit card judgments in Texas is four years. The Statute Of Limitations is a time frame as to when companies can sue you for money owed.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in New Jersey is 6 years. That is usually from the last use or payment.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Michigan it is one of the longest at 6 years. That is typically measured from the last use or payment.

User Avatar

How can you buy a laptop online using credit card?

User Avatar

Using a dead person's credit card is a criminal offense.

User Avatar

The statute of limitations on credit card debt in South Dakota is six years. The company is allowed to aggressively pursue payment for that period of time.

User Avatar

You will owe your credit card debt until it is forgiven, discharged in bankruptcy or paid off. Credit card debt can be negotiated down with the creditors.

User Avatar

What is the statue of limitations for credit card debt reporting

User Avatar

With a debit card you can only use money that you put in a bank and with a credit card you are using the money from the credit card company which can lead to bankruptcy if you are not careful.

User Avatar

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in New Jersey is 6 years. That is typically measured from the last use or payment.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.