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You are likely to have your wages garnished. Your credit cards will be cancelled and liens may be placed on property.
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∙ 10y ago
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What happens if someone stops paying their credit card bill?
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
Can you sue your absent husband for not paying a credit card he borrowed money on from you?
Can you sue your absent husband for not paying a credit card he borrowed money on, the credit card is in my name only?
If you pay off your credit card balance monthly will this help your credit and are you paying no interest?
Paying off you credit card balance helps you, yourself the most. but according the the fico score they like to see a small balance, for some reason its not good to pay off a card totaly, I have never understood this.
What happens if you stop paying on a credit card?
they will add a late fee to your bill, try and contact you, eventually lower your credit limit, and have a collecting agency contact you
How do you avoid paying credit card debt?
* Leave the country * Change your identity * Hide in the backwoods * Die * Be declared insolvent or bankrupt. * Never run up any credit card debt.
What happens if you leave Australia and move to Europe without paying your credit card bill?
you die!
What happens if someone stops paying their credit card bill?
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
Can you sue your absent husband for not paying a credit card he borrowed money on from you?
Can you sue your absent husband for not paying a credit card he borrowed money on, the credit card is in my name only?
If you pay off your credit card balance monthly will this help your credit and are you paying no interest?
Paying off you credit card balance helps you, yourself the most. but according the the fico score they like to see a small balance, for some reason its not good to pay off a card totaly, I have never understood this.
What happens to a joint credit card when one account holder dies?
Both owners of a joint credit card are equally responsible for paying off the balance on the card. When one dies the survivor is responsible for the full balance.
What happens if you stop paying on a credit card?
they will add a late fee to your bill, try and contact you, eventually lower your credit limit, and have a collecting agency contact you
How do you avoid paying credit card debt?
* Leave the country * Change your identity * Hide in the backwoods * Die * Be declared insolvent or bankrupt. * Never run up any credit card debt.
Does maintaining a zero balance on your credit card hurt your credit score?
If you are charging and paying it off each month then it helps. If you never use the card then it really doesn't do much either way.
What are the disadvantages of paying with a credit card?
they smell
Is paying the minimal on credit cards considered a sign of credit trouble?
Paying the minimum amount due on credit card is not necessarily a sign of credit trouble because it actually makes the credit card account current.
Can a credit card company take away or place a lien on your Florida home if you stop paying the 12K credit card balance and you are not a US citizen and live and work outside the country?
no a credit card company may not take your home away. a creditor can never take anything away if the debt is unsecured such as a credit card. regardless of what anyone posts here, credit card companies cant do anything whatsoever if you stop paying them. your credit is ruined and they call alot, but that's all they can do.
If a relative dies and you were paying their credit card debt for them and you are an authorized user of that card are you then responsible for paying off that card debt balance?
No.
