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What happens when you don't pay the credit bureau money that is owed?
Wiki User
∙ 17y ago
Well first, you shouldn't owe a credit bureau such as Experian or Equifax; you should owe a lender such as a credit card company or other business. If you fail to pay, the party you owe may win a judgment against you in court requiring you to pay the debt. If the debt remains unpaid, wages can be garnished with a court order.
Wiki User
∙ 17y ago
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What will happen if you dont paid your credit card bills?
Your credit card company will report you to one of the three credit agencies, Experian credit bureau, Equifax credit bureau, and TransUnion credit bureau.
What happens when you dont pay the credit fee that is due every month?
If you don't pay the credit fee or payment each month, your credit will suffer.
How does Dave Ramsey recommend building credit?
He doesnt. You dont need credit on his plan you SAVE money to buy things with CASH.
If you sue someone and they dont have any money what happens?
u sue them, what else?
What happens for non payment of credit card FAQ?
if you dont pay your credit card bill, they will charge you the amount that you didn't pay plus interest on your next bill. If you wait too long to pay your bill, they might hire a collection agency to get the money back or reposses your things
What will happen if you dont paid your credit card bills?
Your credit card company will report you to one of the three credit agencies, Experian credit bureau, Equifax credit bureau, and TransUnion credit bureau.
When would you subtract a negative number from a negative number in real life?
credit card debt. spending money from money you dont have. credit card debt. spending money from money you dont have.
How can you make your credit score better?
save money dont do overdraft
What happens if you dont save money?
you will have no more money because you wasted it all
What happens when you dont pay the credit fee that is due every month?
If you don't pay the credit fee or payment each month, your credit will suffer.
How does Dave Ramsey recommend building credit?
He doesnt. You dont need credit on his plan you SAVE money to buy things with CASH.
How can I pay my account if I dont have a credit card?
You can't because you have nothing to swipe or store the money on
When do collection agencies report the debt to the credit bureau?
They usually give you 30 days to respond to the debt and make payment arrangements. If you dont respond they usually report it.
If you sue someone and they dont have any money what happens?
u sue them, what else?
What happens for non payment of credit card FAQ?
if you dont pay your credit card bill, they will charge you the amount that you didn't pay plus interest on your next bill. If you wait too long to pay your bill, they might hire a collection agency to get the money back or reposses your things
How does it work if you buy gas on credit but dont have much money on the card?
You have to pay it off by the end of the month.
Can you put money from your itunes on to credit card?
i dont think so but try. But am pretty sure you cant
