answersLogoWhite

0


Best Answer

The creditor can sue the account holder(s) to recover the debt. The defaulted account will be entered on the consumer's credit report and negatively affect the person's credit score. That type of negative entry will remain on the CR for 7 years.

User Avatar

Wiki User

17y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What can happen if you don't pay your credit cards in North Carolina?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can one find information about the North Carolina State Employees Credit Union?

One can find information about the North Carolina Sate Employees Credit Union on their official website. One can find information about loans, credit cards, investments and contact details.


Can they take your house in North Carolina for not paying credit cards?

If your sued and your creditors receive a judgment they can put a lien on your property.


What services does North Carolina SECU offer?

The North Carolina State Employees' Credit Union offers the following services: -Loans -Accounts & Cards -Estates, Insurance, and Investment Trusts -Branch and Online services


What is the top credit card in North America?

There are many good credit cards in North America. In addition, these credit cards are reliable and of top quality. Visa and American Express are famous cards.


Can a city garnish wages for uncollected liens on a property in North Carolina?

If they are tax liens, yes the N.C. laws prohibiting wage garnishment only apply to consumer debt, such as credit cards.


Their are old credit cards on your credit report that are 10-11 years old under the statute of limitations of North Carolina you should be able to remove them right?

The SOL goes by the last time you made a payment or when they reported you delinquent. If your card qualifies then contact the credit reporting agencies and tell them to remove it.


Can you use a credit counseling service to pay the deficiency balance in a repo in nc?

I was a Certified Credit Counselor in the state of North Carolina, and the answer to your question is no. The only accounts that a credit counseling organization will accept are revolving accounts (credit cards), payday loans, utility debts, and medical debts. Repossessions will have to be negotiated between you and the collection agency or lender that has this account.


What credit cards does the Bank of America offer?

Bank Of America offers many different credit cards. It offers cash rewards credit cards, points rewards credit cards, travel and airline rewards credit cards, lower interest rate credit cards, and build or rebuild credit cards.


What companies provide instant decision credit cards?

Instant decision credit cards are not as common in North Amercia as they are in, for example, the UK. In the UK, popular companies include Tesco Bank and MNBA.


Who is charged for misusing credit cards?

People who misuse credit cards are charged for misusing credit cards.


What are airline credit cards and how are they different from regular credit cards?

Airline credit cards are credit cards issued by airlines. They have no real benefits over regular credit cards, apart from the fact that you can collect Air Miles with them.


What would happen if there were no credit cards?

Everything would have to be paid for in cash, by cheque or electronic funds transfer.