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What happens if you have 30000 dollars in credit card debt and have not paid for over a year?
Wiki User
∙ 19y ago
There is no certainty as to what action creditors will take to collect debt. Some will sue for as little as $100 if the debtor's state allows small claims action by creditors. The factors for whether or not a creditor will sue are many, the most important one being if they are assured they can collect any judgment that is rendered.
Wiki User
∙ 19y ago
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Henry had charged 847 dollars to his credit card The cost of his next purchase caused him to exceed his credit limit of 1000 dollars?
If Henry had a credit limit of 1000 dollar and charged 847 dollars to his credit card, without exceeding his credit limit he would have 153 dollars credit available for his next purchase.c>1000-847
If you did not pay your credit card what happens?
the credit card company sends people to get their money i would want to pay them.
What is total credit card debt?
Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.
How much money does the credit card industry generate annually?
In 2003 the profits for credit card companies was estimated at 30 billion dollars.
What happens if credit card dues are not paid n credit card company sues you?
they will take your money and repossess your belongings
Henry had charged 847 dollars to his credit card The cost of his next purchase caused him to exceed his credit limit of 1000 dollars?
If Henry had a credit limit of 1000 dollar and charged 847 dollars to his credit card, without exceeding his credit limit he would have 153 dollars credit available for his next purchase.c>1000-847
If you did not pay your credit card what happens?
the credit card company sends people to get their money i would want to pay them.
What happens when the credit card on file with a company you owe money to is invalid?
They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?
What is total credit card debt?
Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.
What happens if credit card dues are not paid n credit card company sues you?
they will take your money and repossess your belongings
How much money does the credit card industry generate annually?
In 2003 the profits for credit card companies was estimated at 30 billion dollars.
Is it legal to charge customers for credit card expenses under five dollars?
Yes, the credit card business is a very serious business.
What happens when you overpay on your credit card?
The overpayment will sit on your credit card account until youeither use your card to pay for items and use up the overpayment or you claim it back from the credit card company.
What happens when you buy something using a credit card?
the credit card issuer pays the store
What do you do when you lose your credit card?
Call the bank, and cancel that card before anything happens
What happens when you over pay on a credit card?
When you over pay a credit card, you have then a "credit balance." This means, in essense, the credit card company owes you money. You can either have them send you a check to pay off the difference, or the credit balance will be eliminated when/if you use your card again.
What happens if i find a credit card and use it?
you go to jail
