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Both Yes and No, Depending upon the country and state you live in... see related link for details

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16y ago

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How long does it take for credit score to go up in rating after paying off debt?

How long does it take for credit score to go up in rating after paying off debt?


How much will score go up after paying off debt?

This is a sliding system where paying off a small debt means little and paying of a large debt for a person with a bad score would mean a bunch.


What happens if the person has no money to pay for hitting your car?

They may go to jail for not paying any debt.


Can you go to jail for not paying a cash advance?

In the United States you cannot be put in jail for owing a debt. You may however have your wages garnished by the court.


Do i go to jail if Owe 200000.00 credit card debt?

No. They can not put you in jail for not paying your bills (unless you committed some type of fraud perhaps).


Where can I learn how to quickly pay off my credit card debt?

Typically classes regarding paying off credit card debt are offered by community based organizations. The best bet for paying off credit card debt is to go see a credit couselor.


Can you be put in jail for not paying back a payday loan in Missouri?

Defaulting on a payday loan is a civil crime - not a criminal offense. Therefore, you shouldn't have any jail time in Missouri for this. And, if a debt collector is threatening that you can and will go to jail for this, then they're full of it!


Can you go to jail for not paying for a rental car?

I'm positive that not paying for something counts as stealing, and could get you in jail.


Can you go to jail for not paying a loan?

yes


If can prove you paid your debt can you still go to jail?

Get a lawyer. Fast. If you paid, you shouldn't have to go to jail.


Can you go to jail for not paying at a restaurant?

No, you cannot go to jail for not paying at a restaurant. However, not paying for your meal is considered theft and the restaurant may take legal action against you to recover the cost.


Can you go to jail in HoustonTexas for not paying a payday loan?

No, you cannot be sent to jail in Houston, Texas for not paying a payday loan. Failure to repay a payday loan is a civil, not a criminal, offense. However, creditors can take legal actions to collect the debt, such as filing a lawsuit or garnishing wages.