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If it's a credit card, they'll close the account so that no more debt may be incurred, but you'll still be required to pay them back at the current terms.

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17y ago

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Can a bank stop you from closing an account?

If the account is in debt you cannot close the account without settling (paying off) the balance. Otherwise it is your right to decide on whether you want to keep the account or close it.


Should I close a joint credit card account when I am paying for it through court ordered partial support?

My position would be to close the account but honor the payment as ordered and let the account pay out.


Will paying an old closed account raise credit more than paying an old open one?

== == There is no difference in credit score increase if you pay a close or open account off. Paying an account is always a good idea, and eventually it will increase your score.


Closed amazon account a day ago but when i went to chrome my account was still there and signed in?

You can close out your Amazon account. After closing out the account it take so many hours for it to close completely.


How can you close a credit card account?

pay the balance,if any,and cut that bad boy up -> YOU CAN CLOSE IT WITHOUT PAYING THE BALANCE (CONTINUE TO PAY SO AS NOT TO DAMAGE YOUR CREDIT)...BUT IF IT'S A PROBLEM ACCOUNT YOU ARE BETTER TO BE THE ONE CLOSING THAN HAVING THEM CLOSE IT ON YOU.


Can you still be charged any fees after you close a credit card account?

You can be charged any fees that were applicable to the account when it was still open. Yes, fees and interests will still be applied as long as there is an account balance.


Close my amazon account about a day ago and when i went on chrome and went to amazon i found out that i was still signed in even thoguh i deleted my amazon account?

Closing a Amazon account is easy to do. After closing the account it will take a few hours for it to completely close down.


Do you still have growing interest when you close a credit card account to pay it off?

If there is A ballance still owed on it then the interest is still being billed to the ballance, If you have not closed the card account,,,,,,,,,,,,,,,,,,,,,,,,,,,,DO NOT CLOSE IT UNTILL ITS PAID IN FULL. That is terrible for credit score.


What should you do if you are a member on Runescape but you have been hacked you made a new free account but you are still paying?

try to get an account recovery using the account recovery section, otherwise if you can't the only way you can avoid the paying, is to cancel you credit card otherwise you are screwed.


If you close your account with a balance will this hurt your credit or your credit score?

To successfully close an account, you must first have a zero balance on said account. Otherwise, you will still receive bills on that balance, which can and probably will accrue late charges.


What happens to my credit card if I close my bank account?

If you close your bank account, your credit card account will typically remain open and unaffected. However, you will still be responsible for making payments on your credit card balance as usual.


You just finished paying off your credit card should you close the account?

Closing the account will remove the temptation to spend up the cards again but, closing the account can actually lower your credit score. You ought to take that question and your private credit information to a credit counselor for a better answer. By the way, CONGRATULATIONS on paying off the cards!