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What should one do when a credit card company adversely changes the terms of one's account?
Wiki User
∙ 19y ago
It never ceases to amaze me that American consumers willingly sign contractual agreements with credit cards companies and banks that authorize them to change the terms at any time. Most of us do it willingly, without ever uttering one word of complaint. So, it's nice to hear a complaint.:) Your contract with the credit card company allows them to change the terms to suit them. There is little you can do to prevent it. However, don't feel powerless in this situation. You have the same rights as all of us in any situation that you don't approve of. Make your voice heard, in a calm, "professional" manner. And do the most powerful thing you can do as a member of a capitialist society-take your business and your money elsewhere.
Wiki User
∙ 19y ago
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How can you make the credit card company reopen an account and remove 'closed by credit grantor' from your credit report?
You can't MAKE a credit card company reopen an account. You can call the credit bureau and request that they change the status to indicate that is was closed by you and not the credit grantor. Or, you can simply put a notation in your credit report stating that the account was closed by you and not the card company.
What account is debited when a company returns merchandise to a vendor on credit?
credit
Can a a credit company file the same account twice on your credit report?
It happens and can be disputed. Call you credit card company or credit agencies.
When does accounts receivable have a credit balance?
If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.
Can a credit card company reopen a charged off account?
No, a credit card company will not reopen a charged off account. They may choose to grant you a new line of credit, but this would be rare.
How can you make the credit card company reopen an account and remove 'closed by credit grantor' from your credit report?
You can't MAKE a credit card company reopen an account. You can call the credit bureau and request that they change the status to indicate that is was closed by you and not the credit grantor. Or, you can simply put a notation in your credit report stating that the account was closed by you and not the card company.
What account is debited when a company returns merchandise to a vendor on credit?
credit
Can a a credit company file the same account twice on your credit report?
It happens and can be disputed. Call you credit card company or credit agencies.
When does accounts receivable have a credit balance?
If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.
Can a credit card company reopen a charged off account?
No, a credit card company will not reopen a charged off account. They may choose to grant you a new line of credit, but this would be rare.
How does a company get your bank account information?
Credit report?
How can one build their own credit cards?
In order to build credit, one must apply for a credit card and maintain their account in good standing. Any missed or late payments will most likely adversely affect their credit rating.
If supplies are return back to company and a reduction is on the account is it a credit or debit?
Debit account
How are credit accounts affected when another company buys them out?
When often another company buys a credit card company, they have purchased your account. Most often, it is business as usual, and payments are directed to the new owner of the account.
What is the difference between a Debit and a Credit as it relates to Accounts Receivable?
Accounts Receivable is an account that holds what a person or company owes your business. For example you sold a computer to a customer on credit, this credit is listed in an Accounts Receivable and is an asset.Asset accounts maintain a Debit Balance, meaning that a debit to the account will increase the account (in other words increase the amount the customer owes the company).A credit to the account will decrease the balance of that account (in other words, it records payment or credit to that customers account and decreases the amount the customer owes the company).
When you close an amazon account does your credit card info get closed aswell or dods the company keep all of this info?
When your Amazon account is closed, the credit card info that is associated with the account will not be kept by the company and will be deleted also.
What point can you request a settlement on credit card debt?
Settlement usually occurs when the account is past due and has been closed. You can either try to settle with the credit card company, or the debt collector that the credit company sold the account to.
