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What happens if credit card dues are not paid n credit card company sues you?
Wiki User
∙ 12y ago
they will take your money and repossess your belongings
Wiki User
∙ 12y ago
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What happens when you close a credit card with a balance?
You cannot close it until you settle all your dues to the card issuing bank.
How can you increase your credit limit for a personal loan at your bank?
Check your credit report. Use cards judiciously and pay credit card dues in time and if possible in full. If not pay more than minimum amout due. Avoid late payments. Repeat and your credit score should increase slowly.
Can I settle my credit card without paying late payment and interest?
Yes you can. If you have the funds available, you can pay off the whole balance before the 'dues date' - and accrue no interest or charges.
Why do you need good credit when renting an apartment?
Because this serves as their gauge on how capable you are to pay the rental dues.
Can the bank charge interest after the cards has been cancelled?
No. A Card can/will be canceled only when there are no dues against the card and hence charging interest after the card is canceled cannot be done.
What happens when you close a credit card with a balance?
You cannot close it until you settle all your dues to the card issuing bank.
Does the credit card company can sue you because of non payment of your monthly dues while you are staying in the other country?
A credit card company will add non payment onto the outstanding balance and that in turn wil incur the agreed interest charges of your credit card company. Also, if you continue to miss payments even though you are staying abroad, this will eventually affect your credit rating, making it very difficult to get future credit.
Does it affect your credit score if you repay your credit card dues much before your monthly statement is generated?
no, but your finance charge will be lower
How can I pay Membership Dues for Gideon Members?
when am I due
Can delinquent membership dues in a timeshare be reported to a credit agency?
Any debt CAN be reported to the credit bureaus. What you need to find out is whether or not these dues WILL be reported. Credit reporting is totally volunatary. There is no law or regulation which compels it. Existing laws only state that if something is reported, then it must be accurate. It is possible, but unlikely, that a timeshare company reports. Delinquent dues may be turned over to a collection agency. A CA is more likely to report their accounts. What I know is that any debt can be reported to a credit agency. I don't know if this is the case of delinquent membership dues. Yes, it can be reported to a credit agency as delinquent membership dues can be treated like debts.
What is dues in sports?
i think dues is a sports instruments maker company ....
Can a credit card company take you to court without your knowledge?
No. They will always try to get in touch with you or give you a notice or a grace period to pay off your dues before you are dragged to court. If they try to reach you and you are not available at the address mentioned in the documents then they can file a case without knowledge.
Can a home owners association invoice you for dues that were due 5 months before closing on the home?
They should have collected this from the seller at closing. Usually the title company will contact the HOA to find out how much is due. The year's dues should be prorated according to what portion of the year that the seller owned the home and what portion that the buyer owned it. It is possible that the buyer gets a credit for partial HOA dues on the closing statement, then must pay a full year's dues to the HOA. Or the title company may pay dues directly to the HOA out of funds from closing. Check with the title company to find out what exactly happened at closing.
How can you increase your credit limit for a personal loan at your bank?
Check your credit report. Use cards judiciously and pay credit card dues in time and if possible in full. If not pay more than minimum amout due. Avoid late payments. Repeat and your credit score should increase slowly.
Can I settle my credit card without paying late payment and interest?
Yes you can. If you have the funds available, you can pay off the whole balance before the 'dues date' - and accrue no interest or charges.
How to stop credit card offers to people who are dead?
well its simple: 1.they are dead which makes the offer easy to seal...........haha........ 2.you could always visit them at their graves if you are man enough to do so 3.finally, instead of offering credit cards you could pay up their dues
Why do you need good credit when renting an apartment?
Because this serves as their gauge on how capable you are to pay the rental dues.
