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They can still try to collect the money. Most creditors will try to find a way to keep the account active. If it goes past the 7 years then the best thing you can do is to send a cease and decist letter. Do not do this unless you are confident it is past the 7 years.
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How much credit cards do you need?
you dont need any credit cards you can live off cash and money you earn and not pay ridiculously to much in interest.
how can i get free money to pay off my credit cards?
how can it get free money to pay off my credit cards
Will paying off your credit cards raise your credit score?
things that raise your credit score are , having major cards open more than 3 years, and showing good standing with that creditor. you dont have to use a credit card to show good standing. yes paying off high dept will raise your score. and having too much on your cards even if you pay on time will lower it.
I have some credit cards what will happen if I stop paying them.?
Please do not stop paying your credit cards back. You will destroy your credit score. It is devastating what can happen if you stop paying off your cards. Credit card companies will harass & chase you for up to 7 years if you do not pay. They can make your life hell. This happened to me. I did my best to always pay off everything I owed. I worked 3 jobs at one time to make sure i had enough money to pay my credit cards on time. But when I got divorced, one of the credit cards I shared with my husband did not get paid. He promised to pay it when we were together. And he was paying it. But when he left me, he took off & decided to not pay the card anymore. Even though the charges on the card were his, I was responsible for the bill (because it was my credit card) . The credit card company did not get tired of chasing me for 7 years. They were relentless with sending me bills, & threatening to take me to court if I did not pay them. They did & I had to pay back the $2,900.00 that my ex-husband did not pay back on my credit card. Fortunately, they did not charge me interest on top of that. This situation ruined my credit score for a few years. After the credit card company got their money back, my credit score slowly recovered but it took many years to recover from this.
Can you explain best way to pay off credit cards?
The single best way to pay off credit cards is to never carry a balance from month to month; the cumulative debt and interest may take years to pay down if only the minimum monthly payment is made.
How much credit cards do you need?
you dont need any credit cards you can live off cash and money you earn and not pay ridiculously to much in interest.
how can i get free money to pay off my credit cards?
how can it get free money to pay off my credit cards
In California law husband has credit cards in his name only. He dies. Does the wife have to pay off his credit cards?
In California, the responsibility to pay off the deceased husband's credit card debt typically falls on his estate. If the wife is not a joint account holder or a co-signer on the cards, she is not typically responsible for the debt. However, it's advisable to consult with a legal professional to understand the specific circumstances and obligations.
Will paying off your credit cards raise your credit score?
things that raise your credit score are , having major cards open more than 3 years, and showing good standing with that creditor. you dont have to use a credit card to show good standing. yes paying off high dept will raise your score. and having too much on your cards even if you pay on time will lower it.
How do you pay in the playstation store?
Gift cards, and credit cards.
i want to start my life over with good credit and pay off from what i own but when i go for a loan i am told i dont qualify so who and where do i qualify with seem like to me this is all BS?
You can dispute your bad credit until it's good again or just pay it all off. You need to pay off your debt first. Then apply for credit cards. You need to start with secured credit cards. Before you can use unsecured credit cards again.
If you cant afford to pay car payment and credit cards which is better to pay if you are going to pay on one?
Pay the car payment. So you can take your butt to work and pay the credit cards!
How do you pay your bill on line?
by your credit cards and you can pay by paypal..!!!!
Can you pay credit cards bimonthly?
yes
I have some credit cards what will happen if I stop paying them.?
Please do not stop paying your credit cards back. You will destroy your credit score. It is devastating what can happen if you stop paying off your cards. Credit card companies will harass & chase you for up to 7 years if you do not pay. They can make your life hell. This happened to me. I did my best to always pay off everything I owed. I worked 3 jobs at one time to make sure i had enough money to pay my credit cards on time. But when I got divorced, one of the credit cards I shared with my husband did not get paid. He promised to pay it when we were together. And he was paying it. But when he left me, he took off & decided to not pay the card anymore. Even though the charges on the card were his, I was responsible for the bill (because it was my credit card) . The credit card company did not get tired of chasing me for 7 years. They were relentless with sending me bills, & threatening to take me to court if I did not pay them. They did & I had to pay back the $2,900.00 that my ex-husband did not pay back on my credit card. Fortunately, they did not charge me interest on top of that. This situation ruined my credit score for a few years. After the credit card company got their money back, my credit score slowly recovered but it took many years to recover from this.
Can you explain best way to pay off credit cards?
The single best way to pay off credit cards is to never carry a balance from month to month; the cumulative debt and interest may take years to pay down if only the minimum monthly payment is made.
Why did the inventor of credit cards invent credit cards?
Because he is too cheap to pay for tha actual thing
