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?
It's a credit - if a company buys something - then returns it, they get credited with the money they have spent.
My guess is that company was a collection agency? Never give anyone your bank info, or credit card info. If the company was a legitimate company you were doing business with and you did not authorize payment dispute the charge with your credit card company.
This depends on the company that one has their credit card with. The company that one has a credit card through usually has a program that will track where one is spending the most money.
You are legally required to tell them about it and give it back to them if they request it (which they will).
They need proof of income, employment and bank statements this is to show that you will have enough money to pay back the credit you have borrowed from the credit card company.
the credit card company sends people to get their money i would want to pay them.
they will take your money and repossess your belongings
The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.
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.
Capital or credit.
One can no longer apply for an Egg money credit card. The company was sold to Barclaycard in early 2011. One can apply for a Barclaycard credit card at the company website.
To make money.
Credit cards borrow money, so if you've used the card, then you owe the company that money back.
You have 60 days to file a dispute with the credit card company. Call the company who owes you money and tell them they have 48 hours to refund your money or you will do a "chargeback." Companies hate that word because it is like a bounced check, they get charged a $25 fee (varies from state to state). If they do not refund your money, call your credit card company and tell them you want to dispute a charge on your credit account.
They pulled only from Equifax for me.
Its a fee the credit card company charges you yearly for using their money
To make money.