0
What else can I help you with?
What is the difference between credit memo and debit memo?
a credit memo is getting credit for something that should have not been charged. a demo memo is billing someone incorrectly.
Who is charged for misusing credit cards?
People who misuse credit cards are charged for misusing credit cards.
Does it matter what was charged on my credit card and when it was charged?
Yes.
What future implacations does a charged out credit card balance have and what does charged out mean?
Charged out means you cant charge any more on your card, & the furer implications it will have is it will slowly make your credit bad credit till you pay your credit card off where their is no more out standing balanc.
Are credit cards obligated to inform clients of actions that will be taken with an account such as being sent to collection or charged off?
Original creditors do not have the legal obligation to inform the customer of such actions, but as a rule they will do so. "Charge off" does not indicate that the debt is invalid/uncollectible.
Why do apartment owners charge a higher security deposit when a person has bad credit?
People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.
What is the difference between credit memo and debit memo?
a credit memo is getting credit for something that should have not been charged. a demo memo is billing someone incorrectly.
Can you be sued after a bill was charged off on your credit record?
Yes, a 'charge off' does not invalidate the debt nor the legal rights of the creditor to collect that debt.
Who is charged for misusing credit cards?
People who misuse credit cards are charged for misusing credit cards.
What happens when a Bank loan is charged off?
It will show on your credit report where your bank loan was "Charged Off". This means the bank wrote off the money and gave up on collecting it. However they can sell that debt to a collection agency to try and collect it. It will show on your credit report for 7 years.
Can you make someone legally responsible for damage they intentionally did to a hotel room that was charged on your credit card?
How did the damage come to be charged against YOUR credit card? Other than sue them (perhaps in Small Claims Court), no, there does not seem to be an alternative.
How debit card different from credit card?
When you used your debit card, your purchases will be drawn against your savings or checking account, while when you use your credit card, your purchases will be charged to the credit card issuer, which will collect from you with certain interest added to the total amount of your purchases.
Does it matter what was charged on my credit card and when it was charged?
Yes.
Can a credit card company still continue to charge interest if the debt has been charged off?
Yes, a "charge off" does not indicate that the debt is no longer valid. The creditor has several options on how to collect monies owed after the account has been charged off.
Can you sue someone for using your credit card without approval at the pharmacy for more than what they charged on it and also can you sue the pharmacy as well?
no
What are some penalties of bad credit car loans?
When you took a loan out to buy your car, you are supposed to pay the bills. If you don't pay the bills, someone will come around to collect the money. When you can't pay up, the bank company will send someone to collect your car.
What legal actions can a credit card company take to collect a 500 dollar debt?
If this about you, you can be sued.You need to pay the company, or make payment arrangments. This won't go away trust me.
